Exploration & Production

Schlumberger Discusses Seismic Survey Developments with El Molla

Schlumberger officials have updated the government about the recent developments regarding the company’s seismic surveys in the Red Sea and Gulf of Suez.

Egypt Expects $10B Petroleum Sector FDI in FY 2018/19

Egypt expects foreign investors to pump $10 billion in foreign direct investment (FDI) into the country's petroleum sector in FY 2018/19.

EGPC, Apache Reach $39M Deal To Drill Seven Oil Wells

The Egyptian General Petroleum Corporation (EGPC) signed a $9 million agreement with Apache on July 18 to drill seven oil wells in the East Bahariya concession in the Western Desert with a signature grant of $30 m ...

El Molla Met with Engie’s Managing Director

Egyptian Minister of Petroleum, Tarek El Molla, met with French Engie Oil Company's Managing Director of Exploration and Production, Maria Moraeus Hanssen, to discuss investment opportunities and future cooperation b ...

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