exploration | Egypt Oil & Gas - Part 8

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. EMRA indicated that eight regions w...

El Molla, Eni Discuss Ramping Up Petroleum Production, Investments

Minister of Petroleum and Mineral Resources Tarek El Molla met with a delegation from Italian energy giant Eni to discuss its activities, projects, and investment pumping programs within the framework of the plan set ...

INPEX to Start Exploratory Drilling Operations in Japan

INPEX announced its plans to start exploratory drilling operations to explore potential oil and natural gas resources in offshore Shimane and Yamaguchi prefectures located in Japan. The company said that this program ...

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, the operator of the concession area, which “reflects and reaffirms our commitment to invest in developing an...

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, according to a...

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, Reuters re...

UOG Spuds New Exploration Well in Abu Sennan

United Oil and Gas Company (UOG) announced the spudding of the ASX -1X exploration well in Abu Sennan Concession, the company said in a press release . UOG owns a 22% working interest in the concession’s licence, whic...

Namibia Greenlights Global Petroleum to Commence Next Phase of its License 94

Global Petroleum announced that it has received an approval from Namibia’s Ministry of Mines and Energy to enter  into the next phase of its exploration license 94 in block 2011A, a press release issued by the company...

Pharos Energy Encounters Oil at Batran-1X

Pharos Energy plc encountered oil at Batran-1X exploration well in the Abu Roash Lower “G” (LARG) and the Upper Bahariya (UB) reservoirs in Egypt, according to Pharos Energy’s press statement. Ed Story, President and ...

EMRA, Nubian Mines Sign Gold Exploration Contract Worth $5.2 MM

Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed the  signing of a $ 5.2 million contract between the Egyptian Mineral Resources Authority (EMRA) and  the British company Nubian Mines for gold ex...

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