exploration | Egypt Oil & Gas - Part 4

Egypt Launches New International Bid Round for Oil and Gas Exploration

Minister of Petroleum and Mineral Resources Tarek El Molla announced the launch of a new international bid to search for natural gas and crude oil in 12 regions in the Mediterranean and Nile Delta, including six o ...

TotalEnergies, Its Co-Venturers Awarded a New Exploration License

TotalEnergies, QatarEnergy, and Petronas Petróleo Brasil Ltda (PPBL) have been awarded the Agua Marinha block today in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petrole ...

Aton Given Six Month Force Majeure Compensation Period

Aton Resources announced that it has been granted a six-month force majeure compensation period at the Abu Marawat Concession in the Eastern Desert of Egypt, under the provisions of the Abu Marawat Concession Agre ...

Egypt Achieves 401 New Petroleum Discoveries in Eight Years

This comes as the Ministry of Petroleum and Mineral Resources announced the sector's achievements during the period from July 2014 to June 2022. The sector's milestones include the launch of 10 international bids ...

Egypt Awards Eight Mining Licenses in the Eastern Desert to Four Companies

The Egyptian Mineral Resources Authority (EMRA) announced the result of the international bidding for gold and minerals in the Eastern Desert for the year 2020, in its second round.

El Molla, Eni Discuss Ramping Up Petroleum Production, Investments

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with a delegation from the Italian company Eni, which included Guido Brusco, Director General of Natural Resources, Antonio Panza, Regional Manager ...

INPEX to Start Exploratory Drilling Operations in Japan

INPEX announced that it plans to start exploratory drilling operations to explore the possibility oil and natural gas potential resources in offshore Shimane and Yamaguchi prefectures located in Japan.

BP Affirms Commitment to Invest in Developing, Finding New Gas Supplies for Egypt

BP acquired 50% of the exploration rights of the EGY-MED-E5 concession area, equally with Italy's Eni, operator of the concession area.

EGPC, Eni Sign $1B Agreement for Oil Exploration in Gulf of Suez, Nile Delta

The Egyptian General Petroleum Corporation (EGPC) and Italian energy company Eni have signed an agreement worth at least $1 billion for oil exploration activities in the Gulf of Suez and the Nile Delta.

Sinopec Announces New Discovery in Xinjiang

Sinopec Company announced that it has achieved a new oil discovery, that can produce more than 100 million tons of oil and gas, in the Shunbei area of the Tarim Basin in the country's Xinjiang region.

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