exploration | Egypt Oil & Gas - Part 19
Investments worth $47bn to Be Pumped in the Petroleum Ministry
According to the Egyptian Petroleum and Mineral Resources Minister Sherif Ismail, the energy sector is estimated to receive investments worth $47bn over the next five years.
Iran Expanding its Caspian Sea Oil & Gas Exploration
Iran says it will expand exploration activities in the Caspian Sea as part of plans to discover new oil and gas fields.
Prices, Laws and Inconclusive Results Drive Oil Firms Away from Kurdistan
In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess a ...
Abu Dhabi’s Mubadala Petroleum Heading to Moroccan Coastline
Mubadala Petroleum has signed an agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to carry out an evaluation of the hydrocarbon potential of a large area offshore Morocco’s Mediterranea ...
Gazpromneft Drills Prospecting-and-Appraisal Well in Orenburg Oblast
Gazpromneft Orenburg has begun geological prospecting at the Kuvayskoye area, the licence for which it acquired at the end of 2014.
Philippine Government Orders Suspension of Oil Exploration Over Dispute With China
The Philippine government has ordered the suspension of all exploration at an offshore oil and gas field because of an ongoing territorial dispute with China, a Filipino-British company said.
Viking Onshore MOU with Zion Oil and Gas
Zion Oil & Gas has entered into a memorandum of understanding (MOU) with Viking Services for a land-based oil and gas rig with deep drilling capacity and certain other oilfield services and crew for exploration activ ...
Chevron Allocates $35 Billion for 2015 Capital and Investment Program
Chevron Corp. will allocate $35 billion in its capital and exploratory investment program for 2015, including $4 billion of planned expenditures by affiliates that do not require cash outlays by Chevron.
