exploration | Egypt Oil & Gas - Part 18

Ministry of Petroleum Offers Incentives to Investors

In a statement made to Egypt Oil & Gas, a source at the Petroleum Ministry revealed that new incentives were being enacted for the coming period to attract foreign investors.

Tarek El Molla: Energy is the Engine for Development and National Aspirations

Minister of Petroleum and Mineral Resources Tarek El Molla affirmed that there were priorities laid out by the petroleum sector, such as onshore and offshore exploration, especially in the deep layers in the Nile Del ...

Ibrahim Abou Bakr: Ganope to Issue Bid Round in January

Chairman of Ganoub El Wadi Petroleum Holding Company (GANOPE), Abou Bakr Ibrahim, announced that the company will issue a new bid round by January 2016, at the latest.

Shell Starts Working Offshore Bulgaria

Royal Dutch Shell has been awarded a contract to explore for oil and gas in the Black Sea off the Bulgarian coast, Reuters

EGAS to Announce Mediterranean Bid Round Results

According to sources at EGAS, the company plans to announce the names of the winning bidders for the exploration bid round in the Mediterranean, by the end of this month.

Mexico Changes Bid Round Approach

After disappointing results from its last action round, the Mexican government is sprucing up the terms of its new auction for oil and gas blocks off the coast,

BG Acquires New Stakes in Newfoundland

British-based BG announced their partial acquisition of three exploration blocks off the coast of Newfoundland, CBC

Sherif Ismail: Exploration Activity Important to Egyptian Economy

Prime Minister Sherif Ismail said that optimizing the usage of natural resources, boosting exploration activities, increasing local production, as well as reserves ensure maximizing the value added to the national ec ...

Somalia’s Puntland Awards Contract for 2D Seismic Exploration to ION Geophysical

Somalia’s Puntland Petroleum Minerals Agency (PPMA), recently awarded ION Geophysical a contract to conduct 2D seismic studies off the Somalia coast,

Circle Oil Renews Contracts for Tunisian Field

Irish oil producer Circle Oil recently renewed its contract for a Tunisian concession, The Irish Times

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