exploration | Egypt Oil & Gas - Part 17
Russia Expands Claims of Oil Resources in Arctic
Russian President Vladimir Putin recently stated that his country is laying claim to an additional 1.2m square km of territory in the Arctic, The BBC
Uganda Moves to Start Oil Exploration in Virunga Region
The East African nation of Uganda opening up 6 blocks of land for oil exploration in the Virunga region, The Times
Sea Dragon Producing a 1000 Barrels from its Petroamir Concession
Ahmad Farid Moazz, general manager of the Canadian oil exploration company Sea Dragon operating in Egypt, confirmed that the company’s total production is currently at 1,000 b/d.
Rockhopper Exploration Buys Beach Petroleum Egypt
Beach Energy announced the sale of its subsidiary in Egypt "Beach petroleum" to Rockhopper Exploration, reported Oil voice.
Roseneft Join Forces with ExxonMobil in Mozambique
RN-Exploration is a 100 percent-owned subsidiary of Rosneft of Russia and Exxon Mobil Exploration and Production Mozambique Offshore Limited is also a 100 percent subsidiary of US group ExxonMobil.
Genel Still Awaiting More of Owned Money from Iraq Kurds
Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).
EGPC Studying Magapetco’s Hurghada extension request
An official source at EGPC told Al Mal newspaper that the Magawish Petroleum Company (Magapetco) was in negotiations with EGPC to discuss the possibility of extending the oil exploration concession in Hurghada for a ... 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.
