exploration and production | Egypt Oil & Gas - Part 6

China’s CNOOC Signs Oil, Gas Contract to Develop Iraq’s Block 7

China’s CNOOC has signed an Exploration, Development & Production Contract (EDPC) with Iraq’s state-run Midland Oil Company to explore for oil and gas at the Block 7 field. CNOOC Africa Holding Limited...

Chevron Plans to Ramp Up Production to 1 mboe/d in New Mexico by 2025

Chevron plans to ramp up production on the New Mexico side of the Permian Basin, one of the most prolific oil and gas regions in the US. “We see great potential there,” said Healey, the company’s New Mexico asset mana...

EUG Hosts Workshop to Promote EGAS’s New Bid Round for 12 Exploration Blocks

Egyptian Upstream Gateway (EUG) has held a workshop aimed to promote and market a recent international bid round launched by the Egyptian Natural Gas Holding Company (EGAS) through the gateway. The tender includes 12 ...

Minister of Petroleum Praises EGAS’s Role in Securing Egypt’s Natural Gas Resources

At the General Assembly meeting, Yassen Mohamed, Chairman of the Egyptian Natural Gas Holding Company (EGAS), highlighted the company’s significant achievements in the natural gas industry during the 2023/24 fis...

CNOOC Starts Production at Liuhua 11-1/4-1 Oilfield Secondary Development Project

CNOOC Limited has commenced production at the Liuhua Oilfield Secondary Development Project located in the eastern South China Sea. The project consists of two oilfields, Liuhua 11-1 and Liuhua 4-1, with an average wa...

Equinor’s FPSO Arrives at Johan Castberg Oil Field Offshore Norway

Equinor has announced the arrival of the floating production, storage and offloading vessel (FPSO) on the Johan Castberg field in the Barents Sea. The FPSO, designed with storage capacity of 1.1 million barrels of oil...

Poland’s Orlen Makes Oil Discovery in Western Poland

Poland’s largest refiner and energy firm, Orlen, has made a new oil field discovery in the western part of the country. The discovery was made in the Lubuskie region, next to the existing Rzeczyca field, which i...

Transocean Secures $232 Million Ultra-Deepwater Drillship Contract in Mexico

Transocean has secured a year drilling contract worth $232 million for the Deepwater Atlas drillship with bp in the US Gulf of Mexico. The project is expected to commence in the second quarter of 2028 with an option t...

French Ambassador Praises Egypt’s Climate Investments, French Companies Eye Increased Involvement

French Ambassador to Egypt, Éric Chevallier, praised Egypt’s climate investment initiatives and emphasized that French companies are keen to increase their investments in the country. This statement was made dur...

Oman Signs New Oil, Gas Exploration Contract

Oman’s Ministry of Energy and Minerals has signed an agreement with Daleel Petroleum Company LLC for the exploration and development of concession area No. 15 in El Dhahirah Governorate. The agreement entails Daleel a...

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