exploration and production | Egypt Oil & Gas - Part 5

Egypt Signs Four E&P Agreements with $155 M

The Ministry of Petroleum and Mineral Resources signed four agreements for oil and natural gas exploration and production (E&P) operations in the Western Desert, Gulf of Suez, and Nile Valley with minimum investme ...

South Sudan to Offer 14 Oil Blocks by Q1 2020

South Sudan aims to put 14 oil blocks to be explored by companies in a bid round in Q1 2020.

Schlumberger to Pump More Investments in Egypt

Schlumberger plans to increase its investments in Egypt in the upcoming period, according to Karim Badawi, Managing Director - Egypt and East Mediterranean at Schlumberger.

Egypt to Develop Still-Unexplored 2/3 of Its Concession Areas

During the 10th Mediterranean Offshore Conference and Exhibition (MOC 2019), Raslan reviewed the exploration and production (E&P) areas in Egypt in the eastern and western Mediterranean, the Red Sea, and southern ...

Khalda Petroleum Records Highest Production

Khaleda Petroleum Company has achieved unprecedented record numbers in its history during the last fiscal year, where the company recorded the highest daily crude oil production rate of more than 141,000 barrels a ...

Dana Gas Confirms Hiring Financial Advisors to Sell Egyptian Assets

Dana Gas confirmed that it is studying the possibility of selling its Egypt asset portfolio and has hired financial advisors accordingly.

Dana Gas to Consider Selling $500 MM Egyptian Assets

Dana Gas is being consulted on whether to sell its $500 million offshore Merak-1 well in Egypt as no commercial discovery has been made there.

Eni Announces New Production from Western Desert, New Near Field Discoveries

Eni announced that production from South West Meleiha development lease has started. In addition, two near oil fields have been discovered in the Meleiha development lease in Western Desert.

Enap Sipetrol to Execute an Organizational Restructure

Enap Sipetrol executed a top management restructure in Egypt branch in order to strengthen and grow its operation and investment in Egypt.

Iraq’s Gulf Keystone Receives Shaikan Crude Payments

Gulf Keystone Petroleum has received $10.7 million for Shaikan crude oil sales.

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