exploration and production | Egypt Oil & Gas - Part 9
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, the country’s oil minister, Awow Daniel Chuang, said, Reuters reported. “Within the next two months, we should be able...
Schlumberger to Pump More Investments in Egypt
Schlumberger plans to increase its investments in Egypt in the upcoming period, Karim Badawi, Managing Director – Egypt and East Mediterranean at Schlumberger, told Ahram Gate. Badawi pointed out the vital partn...
Egypt to Develop Still-Unexplored 2/3 of Its Concession Areas
Two-thirds of the concession areas in Egypt are still unexplored, according to Dr. Samir Raslan, Vice Chairman for Agreements & Exploration of Egyptian Natural Gas Holding Company (EGAS), Al-Ahram reported. During...
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 last ...
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, the company said in a statement. “The company is undertaking a strategic review... 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, Reuters reported. Investment bank Tudor, Pickering, Holt & Co. (TPH) w...
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, the company revealed in a ...
