exploration

  • Pharos Energy Encounters Oil at Batran-1X

    Pharos Energy Encounters Oil at Batran-1X

    Thursday, 10th June 2021

    Pharos Energy plc encountered oil at Batran-1X exploration well in the Abu Roash Lower “G” (LARG) and the Upper Bahariya (UB) reservoirs in Egypt, according to Pharos Energy’s press release.

  • EMRA, Nubian Mines Sign Gold Exploration Contract Worth $5.2 MM

    EMRA, Nubian Mines Sign Gold Exploration Contract Worth $5.2 MM

    Monday, 17th May 2021

    Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed the Egyptian Mineral Resources Authority (EMRA) signed a $ 5.2 million contract with the British company Nubian Mines on gold exploration in the Eastern Desert, according to press release.

  • Al-Sisi Supports Eni’s Endeavors to Expand Activities in Egypt

    Al-Sisi Supports Eni’s Endeavors to Expand Activities in Egypt

    Sunday, 18th April 2021

    President Abdel Fattah Al-Sisi expressed his support for Eni’s endeavors to expand its investments in Egypt in the field of exploration and production (E&P) to continue the fruitful cooperation between Egypt and Eni, as per the Spokesman of the Egyptian Presidency.

  • GPC Strikes Oil in Abu Sennan Concession

    GPC Strikes Oil in Abu Sennan Concession

    Thursday, 8th April 2021

    The General Petroleum Company (GPC) has announced that it achieved a new oil discovery in Abu Sennan concession at the Western Desert by drilling DSWS-1X exploration well with investments worth $1.5 million after finding petroleum evidences on Abu Rawash E and middle Bahria reservoirs.

  • UOG Achieves New Discovery in Abu Sennan Concession

    UOG Achieves New Discovery in Abu Sennan Concession

    Tuesday, 6th April 2021

    United Oil & Gas Company (UOG) announced that it has made a new discovery in Abu Sennan Concession, onshore Egypt, after doing drilling operation for ASD-1X exploration well.

  • ADNOC, PETRONAS Sign Agreement to Collaborate in Abu Dhabi’s Petroleum Sector

    ADNOC, PETRONAS Sign Agreement to Collaborate in Abu Dhabi’s Petroleum Sector

    Sunday, 14th March 2021

    The Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with Petroliam Nasional Berhad (PETRONAS) to explore opportunities for collaboration across Abu Dhabi oil and gas sector.

  • Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

    Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

    Sunday, 14th March 2021

    Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion

  • Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets

    Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets

    Tuesday, 9th March 2021

    Cheiron Petroleum Corporation has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert, according to press release. The remaining 50% of the interests will be purchased by Cheiron’s strategic partner, Cairn Energy plc, a new entrant into the Egyptian upstream sector.

  • Egypt Extends Deadline for Gold Exploration Bid Round

    Egypt Extends Deadline for Gold Exploration Bid Round

    Thursday, 18th February 2021

    The Egyptian Mineral Resources Authority (EMRA) announced to extend the deadline of the bid rounds for gold exploration in its second round to be on Saturday May 15, 2021 at 12 pm Cairo time instead of mid-March.

  • Bapetco’s Investments Reach $298 MM in FY 2021/22

    Bapetco’s Investments Reach $298 MM in FY 2021/22

    Monday, 15th February 2021

    Badr El-Din Petroleum Company (Bapetco) announced that its investments reached $298 million with 100% success rate in drilling three exploration wells during H1 of FY 2021/22 as well as planning to drill two exploration wells during H2 of FY 2021/22.