exploration | Egypt Oil & Gas - Part 19

EGPC to Announce New Bid Round

Sources at the Egyptian General Petroleum Company (EGPC) informed Egypt Oil & Gas (EOG) that the company is preparing to issue a new bid round before the end of the year.

EGAS Technical Committee Evaluating IOC Bids for Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) has announced the closing of its 2015 International Bid Round, where the Technical Committee has now begun evaluating bids.

Ganope Preparing to Launch Tar Sands International Tender

Ganope is to develop an integrated scheme for the exploitation of tar sands in a number of its concession areas in the South Valley, in preparation for the introduction of new international tender soon.

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 ...

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