exploration | Egypt Oil & Gas - Part 16
Egypt’s Debt to Foreign Oil Companies Up by 6.1%
Egypt's debts to foreign oil companies stood at $3.5 billion dollars at the end of June, a 6.1 percent increase from March, an official at state-owned Egyptian General Petroleum Corporation (EGPC) said on Sunday.
EGAS Signs Deal with Norwegian’s PGS to Conduct Largest Mediterranean Seismec Project
Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said
Gupco’s GS277 Field Reserves Climb to 4mmbls
Gupco completed the drilling of an exploration well, GS277-A5, in order to explore along the eastern part of the GS277 field.
Dana Gas Begins Drilling in Balsam-2
Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta.
Egypt’s Petroleum Ministry Announces $2bn Exploration Deal with Eni
Egypt signed an exploration deal worth $2bn with Italian company Eni, the Petroleum Ministry said on Monday.
Iraq Forum Debates Fixing Oil Policy Priorities
Even without the conflict, planning and delivery have been haphazard at best
Brazil Oil Group Hopes Regulatory Changes Will Boost Exploration
Brazil's national oil-industry association, IBP, released a list of suggestions for regulatory changes on Monday that it hopes will boost exploration activity in the wake of falling oil prices, high costs, delays and ...
Kenya Seeks to Impose Local Stake in Oil Exploration Firms
Kenya has proposed rules requiring oil exploration firms to give local investors a 5 percent stake and use local suppliers and staff for their services to get a bigger share of earnings from the new sector.
