Ganope | Egypt Oil & Gas - Part 2

Al-Sisi Issues New Decree for E&P Activities in Red Sea

President Abdel Fattah Al-Sisi issued Law No. 160 of 2020 licensing the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with international oil companies (IOCs) for exploration and producti ...

El Molla Amends Petroleum Sector Transfers Movement

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced amendments in the latest petroleum sector transfers movement.

El Molla Issues New Transfers in Petroleum Sector

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement in the petroleum sector to support the petroleum companies and sites with the needed competences and expertise t ...

Parliament Approves Draft Laws for New E&P Agreements

The House of Representatives approved a law authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract for exploration and production (E&P) projects across the republic.

Naftogaz’s Investments Surpass $535 MM in Egypt

Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, stated.

Ganope Raises Production by 5% through New Discoveries

Ganoub El Wadi Petroleum Holding Company (Ganope) drilled seven exploration wells resulting in two new discoveries, in the Geisum and Tawila fields, and Petromeliha field in the Gulf of Suez and increasing product ...

Ganope to Utilize eFTG Survey on Upper Egypt Assets

TGS, a leading provider of multi-client geoscience data for exploration and production (E&P) companies, will implement Enhanced Full Tensor Gravity Gradiometry (eFTG) survey on Ganoub El Wadi Petroleum Holding Com ...

El Molla Appoints New High Level Executives

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has appointed a new undersecretary for the Ministry of Petroleum and Mineral Resources, in addition to issuing new appointments and transfers for he ...

Ganope to Boost Petroleum Production by 17%

Ganoub El Wadi Petroleum Holding Company (Ganope) is targeting to raise its petroleum production by 17% in its Fiscal Year (FY) 2020/21 plan

Russia to Start Drilling Egyptian Offshore Concessions

The state-owned Russian company Zarubezhneft announced that it has joined two offshore blocks in Egypt under a production sharing agreement (PSA).

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