exploration and production | Egypt Oil & Gas - Part 2

Sisi calls for ending power cuts, and increasing exploration activities in oil and gas sector

President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources, Karim Badawi to discuss efforts to meet the country’s petroleum needs and review the latest ...

Egypt to Unlock New Areas for Exploration Using Advanced Seismic Survey

The Ministry of Petroleum and Mineral Resources announced Tuesday a new agreement with Ardiseis, a subsidiary of Arabian Geophysical and Surveying Company (Argas), to conduct a 2D seismic survey spanning 5,233 kil ...

Chevron Eyes New Egyptian Acreage Offshore The Mediterranean

Chevron is looking to expand its upstream operations in Egypt by acquiring new offshore acreage. The company is in advanced negotiations with the Egyptian government for a direct award of the West Star block, loca ...

EGAS Signs MoU with ExxonMobil Egypt to Boost Exploration Activities in Mediterranean Blocks

As part of the first pillar of the Ministry of Petroleum and Mineral Resources' strategy to attract investments, increase natural gas production, and establish incentives for promising frontier, the Egyptian Natur ...

Oman Launches Bid Round for Oil and Gas Exploration

Oman’s Minister of Petroleum and Mineral Resources announced the launch of new bid round for oil and gas exploration and production.

Equinor Secures 27 New Production Licenses on Norwegian Continental Shelf

Equinor has been awarded 27 new production licences in the 2024 Awards in Predefined Areas (APA) by Norway’s Ministry of Energy. The licences include 20 in the North Sea, six in the Norwegian Sea, and one in the B ...

Pharos Energy to Extend Operations at Two Vietnam Oil, Gas Fields to 2031/32

UK-based oil and gas explorer, Pharos Energy has received approval from the government to extend the license of TGT and CNV fields by five years in Vietnam, allowing operations to continue into the early 2030s.

KUFPEC Eyes More Oil, Gas Projects in Indonesia’s Natuna Sea

Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia's Natuna Sea, according to Reuters.

Petrobras, Ecopetrol Confirm Colombia’s Largest Gas Discovery

Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia's history in the Sirius-2 well, which holds over 6 trillion cubic feet (tcf) of gas.

Russia, Pakistan to Cooperate in Oil, Gas Exploration

Russia and Pakistan have discussed cooperation in offshore oil and gas exploration and refining during intergovernmental meetings this week in Moscow, according to Reuters.

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