exploration

  • 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.

  • Egypt Grants Akh Gold Exploration Concessions in Eastern Desert

    Egypt Grants Akh Gold Exploration Concessions in Eastern Desert

    Wednesday, 10th February 2021

    Altus Strategies announced that its subsidiary, Akh Gold Limited, has been granted four gold exploration concessions for nine blocks in the Eastern Desert, totaling 1,565 km2 by the Egyptian Mineral Resources Authority (EMRA).

  • El Molla Encourages Agiba, PHPC to Expand Exploration Efforts

    El Molla Encourages Agiba, PHPC to Expand Exploration Efforts

    Thursday, 4th February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) to increase the number of their development and exploration wells in order to boost both companies' production plans. The minister noted that the recent discoveries in the Western Desert only prove that the region has not yet revealed all its untapped potential.