exploration | Egypt Oil & Gas - Part 11

Chariot Fails to Find Hydrocarbons in Moroccan Well

Chariot Oil & Gas failed to find hydrocarbon deposits in the offshore Moroccan Rabat Deep exploration well, for which they have a 10% interest.

Iraq Awards Two Blocks to UAE’s Crescent Petroleum

Iraq has awarded the Khashim Ahmer-Injana block and the Gilabat-Qumar block to UAE-based Crescent Petroleum.

EGAS to Launch Natural Gas Exploration Outbidding

The Egyptian Natural Gas Holding Company (EGAS) plans to launch outbidding for the exploration of nine offshore and onshore natural gas concessions during Q2 2018.

Ganope’s Production Plan to Reach 8.9 M Barrels

South Valley Egyptian Petroleum Holding Company (Ganope) plans to produce 8.9 million barrels of oil during FY 2018/2019.

TransGlobe Energy Allocates $29.1 M for Egypt in 2018 Budget

TransGlobe Energy Corporation has announced its 2018 capital budget allocating $29.1 million for operations in Egypt and $12.2 million in Canada.

GlobalConnect’s Acquisition of a 25% Share in Abu Sennan Approved

The Egyptian government approved GlobalConnect’s acquisition of a 25% stake in the Abu Sennan Concession.

GPC to Take EGP 3 B Loan for Exploration

The National Bank of Egypt (NBE) and Banque Misr are securing a EGP 3 billion loan for General Petroleum Company (GPC) to fund exploration and drilling activities, as well as debt restructuring.

Apache, APEX, Shell Awarded 5 Concessions in EGPC Tender

he Egyptian Cabinet and Parliament approved the signing of contracts with US Apache, APEX International Energy, and Royal Dutch Shell, as the companies won five concession areas in the Western Desert.

Schlumberger Wins Exploration Contract in Oman

Schlumberger won a one-year contract from Oman-based Petrogas Kahil for the drilling of three exploration wells in Block 55.

Total, QP Acquire Stake in Al-Shaheen Field, Offshore Qatar

Total along with the national oil company Qatar Petroleum acquired the operatorship of the Al-Shaheen offshore oil field for a period of 25 years starting July 14

Page 11 of 22

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password