exploration

  • 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.

  • Al-Qasimi, Descalzi Asses Eni’s Activities in Sharjah

    Al-Qasimi, Descalzi Asses Eni’s Activities in Sharjah

    Monday, 1st February 2021

    Sultan bin Muhammad Al-Qasimi, the member of the Supreme Council of the UAE and Ruler of Sharjah has met with CEO of Eni company, Claudio Descalzi, to asses Eni’s activities in Sharjah after its acquisition of onshore areas A, B and C for exploration operations.

  • Sonatrach-led Consortium Signs Partnership Protocol for Berkine Concession

    Sonatrach-led Consortium Signs Partnership Protocol for Berkine Concession

    Monday, 1st February 2021

    Sontrach company stated that it has signed cooperation protocol with companies of Eni, Occidental and Total for partnership in blocks 404 and 208 at Berkine Concession.

  • El Molla Highlights Achievements Before House of Representatives

    El Molla Highlights Achievements Before House of Representatives

    Monday, 1st February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated a speech about the achievements and challenges of the ministry before the House of Representatives.

  • MoP, Shell Egypt Sign Agreement for Oil, Gas Exploration in Red Sea

    MoP, Shell Egypt Sign Agreement for Oil, Gas Exploration in Red Sea

    Wednesday, 20th January 2021

    The Minster of Petroleum and Mineral Resources, Tarek El Molla, signed an agreement with Shell Egypt for oil and natural gas exploration in concession area (4) in the Red Sea deep water.

  • Ganope to Drill 11 Wells in FY 2021/22

    Ganope to Drill 11 Wells in FY 2021/22

    Wednesday, 20th January 2021

    The Minister of Petroleum and Mineral Resources announced that the Red Sea region will witness intensive exploration and production (E&P) in oil and natural gas activities.

  • Consortium of Total, Eni, Novatech Continues Oil Activities in Lebanon

    Consortium of Total, Eni, Novatech Continues Oil Activities in Lebanon

    Sunday, 10th January 2021

    The Caretaker Minister of Energy and Water, Raymond Ghajar, stated that the consortium made up of Total, Eni and Novatech Companies, is continuing its oil activities in Lebanon under the leadership of the operating company, Total, especially in implementing the amended law 160/2020 (suspension of deadlines) with the first exploration period being extended in Blocks 4 and 9 of Lebanese territorial waters until August 13, 2022.