exploration | Egypt Oil & Gas - Part 10
Sonatrach-led Consortium Signs Partnership Protocol for Berkine Concession
Sontrach has signed a cooperation protocol with a consortium of Eni, Occidental and Total for partnership in blocks 404 and 208 at Berkine Concession in Algeria, a press release reported. The protocol aims to construc...
El Molla Highlights Achievements Before House of Representatives
The Minister of Petroleum and Mineral Resources, Tarek El Molla, gave a speech about the achievements and challenges of the ministry before the House of Representatives. El Molla highlighted during his speech that the...
MoP, Shell Egypt Sign Agreement for Oil, Gas Exploration in Red Sea
The Minister 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. The Shell Egypt’s share will ...
Ganope to Drill 11 Wells in FY 2021/22
Ganoub El Wadi Petroleum Holding Company (Ganope) plans to drill 11 exploration wells during fiscal year (FY) 2021/22 with investments exceeding $37 million, the head of the company, Alaa El Batal, said adding that th...
Consortium of Total, Eni, Novatech Continues Oil Activities in Lebanon
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 co...
ExxonMobil Acquires Offshore Exploration Concession in Egypt
ExxonMobil Egypt (Upstream), in cooperation with Tharwa Petroleum Company, signed an agreement with the Egyptian Natural Gas Holding Company (EGAS) to acquire a concession covering more than 4,000 km2 in the Star mari...
Rosneft Makes New Gas Discovery in Arctic Kara Sea
Russian Rosneft Company announced achieving new large gas discovery in the Arctic Kara Sea, S&P Global Platts reported. This gas field, which is located in Vikulovskaya part of the East Prinovozemelsky-1 license a...
Aramco Maintains $18.75 B Dividends for Q3
Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion, according to a press release. The c...
