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, reported Al Mal News. ...
The Egyptian General Petroleum Corporation (EGPC) has awarded five concessions in the Western Desert for exploration and production to US Apache, APEX International Energy, and Royal Dutch Shell, an official at EGPC t...
Schlumberger won a one-year contract from Oman-based Petrogas Kahil for the drilling of three exploration wells in Block 55, OGN reported. The integrated drilling services contract is estimated at $20 million, Oman Ob...
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 14th, Offshore Energy Today stated. The oil field provide...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed during a ministerial meeting chaired by Prime Minister, Sherif Ismail, the efforts exerted by the ministry to enhance exploration in ...
A press release to Egypt Oil&Gas stated that the Minister of Petroleum and Mineral Resources, Tarek El Molla, praised the work results of the state-owned General Petroleum Company (GPC) upon receiving a report fro...
Bissau Exploration Company has signed a joint venture participation agreement with the national oil company Petroguin for petroleum exploration, development, and production in the area of Block 4B, offshore Guinea-Bis...
The British oil and gas company Sound Energy kicked off a new program at Sidi Moktar project in Morocco, where it is re-entering the Koba-1 well. The operation is expected to last about ten days and will include the p...
IPR Incorporation reported continued drilling success and a series of Western Desert and Nile Delta discoveries through the first 5 months of 2017, reported Energy Egypt. IPR’s calendar year drilling program in Egypt ...
South Sudan has invited more oil companies to invest in exploration, production and distribution, in line with the country’s plan to double the daily output, China Internet Information Center reported. Petroleum Minis...