exploration | Egypt Oil & Gas - Part 19
Oil Majors, Petrobras Skip Brazil Bid Round
Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday, reported Bloomberg. The auction showed dismal results, with only 37 of the blocks being awa...
Ministry of Petroleum to Prioritise Exploration Activity in WD and Delta
Minister of Petroleum and Mineral Resources, Tarek El Molla, said that a key priority is to boost exploration activities in the Western desert and Delta, both onshore and offshore, reported Al Borsa. The ministry is ...
Abou Bakr: $100m in New Investments from IOCs
Ganope Chairman, Abou Bakr Ibrahim, presented during the EPEX Conference for Upper Egypt & Red Sea Resources various petroleum activities in Upper Egypt, covering a wide range, from exploration, down to refining a...
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. Of these measures, one of the most imp...
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 Delt...
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, reported Egypt Oil & Gas. Ibrahim made this ...
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 reported. Two blocks, Silistar and Tares, were placed for auction by the small country in Apri...
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, reported Al-Shorouk. EGAS had completed its te... 
