E&P | Egypt Oil & Gas - Part 15

DEA, Sonatrach Sign MoU

Sonatrach signed a memorandum of understanding (MoU) with DEA Deutsche Erdoel AG to provide a framework for DEA to operate in Algeria.

Lebanon Still Accepting Technical Proposals Despite Political Uncertainty

Lebanon is continuing to move forward with its exploration licensing for energy deposits in its territorial waters despite the political uncertainty caused by the resignation of its former Prime Minister, Saad El ...

E&P Activities to be Exempted from VAT

The Egyptian Ministry of Finance is preparing a list of oil and gas exploration-and-production (E&P) activities to be exempted from the value-added tax (VAT).

Iran Strikes a Deal with Austrian Major Oil Company

Austria's OMV has signed a preliminary agreement with Iran's Dana Energy Co for collaboration in upstream oil and gas exploration/production sector.

China Considers Gas Investments in Mozambique

The China National Petroleum Corporation (CNPC) has announced that it is considering investing in construction facilities for natural gas exploration and processing in Mozambique.

El Molla: Egypt Signed 70 New Oil&Gas Agreements

Egypt has signed 70 new oil and gas exploration agreements.

Omani Firms Venturing as Upstream E&P Operators

Omani firms are increasingly venturing into upstream oil and gas exploration and production (E&P) sector as operators, long regarded as the exclusive preserve of international players, a senior official at the Minist ...

Sherif Ismail: Exploration Activity Important to Egyptian Economy

Prime Minister Sherif Ismail said that optimizing the usage of natural resources, boosting exploration activities, increasing local production, as well as reserves ensure maximizing the value added to the national ec ...

Exploration and Productions Drops to Record Low in Nigeria

Nigeria’s oil and gas sector faces low exploration and drilling activities, with only two companies currently engaged in activities, revealed the Nigerian National Petroleum Corporation (NNPC).

Dutch Shell to Start Seismic Surveys in Newest Concession Block in Egypt

Dutch Shell is preparing oil and gas exploration work in Egypt as part of its first seismic surveys in its newest concession area in the Abyad region, North Matrouh.

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