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.
Enap Sipetrol executed a top management restructure in Egypt branch in order to strengthen and grow its operation and investment in Egypt.
Gulf Keystone Petroleum has received $10.7 million for Shaikan crude oil sales.
EGAS has finalized seismic studies and scans, and is waiting for the Ministry of Petroleum’s approval to set a date for the bid rounds.
Under the agreement, Occidental will own 100% of the block in the exploration phase and invest around $244 million, meanwhile ADNOC will be able to hold 60% stake in the production phase of the concession.
International Oil Companies (IOCs) plans to pump investments of around $10 billion on exploration and production (E&P) activities during the next fiscal year (FY) 2019/20.
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.
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.
Oil minister Tarek El Molla has signed two oil and gas exploration and production (E&P) agreements in the Sinai and the Suez Gulf with investments of $65 million and $3.5 million signature grant.
Oil minister Tarek El Molla has 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.
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.