exploration and production | Egypt Oil & Gas - Part 10

Iraq’s Gulf Keystone Receives Shaikan Crude Payments

Gulf Keystone Petroleum has received payment for the sale of Shaikan crude, according to Pipeline Oil and Gas Magazine. The oil and gas exploration and production (E&P) company operating in the Kurdistan region of...

EGAS to Put 11 Gas Exploration Blocks for Bid Rounds

The Egyptian Natural Gas Holding Company (EGAS) plans to put 11 natural gas exploration blocks for bid rounds in the western Mediterranean by Q1 2020, a source from the company told Al Shorouk. EGAS has finalized seis...

ADNOC Awards Onshore Block 3 to Occidental Petroleum

The Abu Dhabi National Oil Company (ADNOC) announced signing an agreement with US-based Occidental Petroleum on February 2, which is the first onshore block to be awarded among the geographical areas that were offered...

IOCs Investments to Reach $10 B in FY 2019/20: El Molla

International oil companies (IOCs) plan to pump investments of around $10 billion on exploration and production (E&P) activities during the next fiscal year (FY) 2019/20, Minister of Petroleum Tarek El Molla told ...

Oman Signs Two Exploration Agreements Worth $65B

The Omani Ministry of Oil and Gas has signed two new exploration and production sharing agreements (ESPA) worth $65 billion to explore and develop the onshore concession blocks 51 and 65, Times of Oman reported. The a...

Egypt Signs $10M Western Desert E&P Agreement

Egypt’s oil minister, Tarek El Molla, has signed a $10 million exploration and production (E&P) agreement covering  the Western Desert’s Abu Sennan concession, Egypt Oil & Gas reports. The agreemen...

El Molla Signs Two E&P Deals Worth $65M

Oil minister Tarek El Molla has signed two oil and gas exploration and production (E&P) agreements in the Sinai and the Gulf of Suez with investments of $65 million and $3.5 signature grant, Egypt Oil & Gas re...

Oil Ministry Signs Three Exploration Agreements Worth $139.2M

Oil minister Tarek El Molla signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant, Egypt Oil &...

Oil Ministry Signs Three Exploration Agreements

The Ministry of Petroleum signed three new agreements for oil and natural gas exploration in the northern Sinai Peninsula and the Gulf of Suez on July 11, Egypt Oil & Gas reports. The first $6 million agreement is...

Japan Ambassador Discusses Collaboration with Egypt Oil Sector

Petroleum minister Tarek El Molla discussed Toyota’s contribution to the Suez refining and petrochemical complex and the Assiut mazut refinery with the Japanese ambassador to Cairo, Takehiro Kagawa, Egypt Oil &a...

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