exploration and production | Egypt Oil & Gas

Egypt, ExxonMobil Review Cooperation in Petroleum Products Marketing, Explore New Opportunities

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Vice President of Specialty Products at ExxonMobil Loic Vivier to review the company’s practices in marketing its petroleum products and ...

International Workshop for Oil, Gas Exploration Technologies Held in New Alamein

A technical workshop entitled “New Technologies for Discovering New Fields” was held in New Alamein over three days, under the patronage of the Ministry of Petroleum and Mineral Resources (MoPMR).

Apex Acquires Interests in 6 Concessions in Egypt’s Western Desert

Apex International Energy (Apex) announced that it had acquired interests in four concessions in the Western Desert oil producing region of Egypt from IEOC Production B.V. (IEOC), a unit of Eni S.p.A.

Zohr Field Production Reaches New Record of ٌ2.7 bcf/d

Petroshrouk Chairman Khaled Mowafy announced Zohr field achieved record success during fiscal year (FY) 2021/22 since its start in FY 2017/18, with production reaching 2.7 billion cubic feet per day (bcf/d) of nat ...

Egyptian Cabinet Assigns North East Offshore Arish Concession to EGAS, Eni

The Egyptian Cabinet has granted the initial approval to award the Northeast Offshore Arish concession to Egyptian Natural Gas Holding Company (EGAS) and Eni for oil and natural gas exploration.

ADNOC Assigns Offshore Exploration Block to Consortium led by Pakistani PPL

The Abu Dhabi National Oil Company (ADNOC) announced that it has signed a historic exploration concession agreement awarding a consortium of four Pakistani companies the exploration rights for Abu Dhabi’s Offshore ...

Aramco, stc Launch Dammam 7 Supercomputer

The companies of Aramco and stc announced the launch of a new supercomputer under the name of Dammam 7 which is one of the top ten most powerful computers in the world

Shell Egypt signs Two PSCs for Blocks in Red Sea, Mediterranean

Shell Egypt has announced it signed production sharing contracts (PSCs) in the offshore and deep-water concession of the Red Sea at Block 3 with distance of 3,097 Km² and in the offshore North Kanayes of Herodotus ...

Cabinet Approves Three E&P Agreements

The Egyptian Cabinet approved three draft laws for three exploration and production (E&P) agreements.

Saudi Aramco Plans to Cut Capital Spending Further

Saudi Aramco plans to further cut capital expenditure (Capex) in an attempt to try and pay for the $75 billion dividends that were promised to investors.

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