Ganope | Egypt Oil & Gas - Part 7

Ganope, TGS, Schlumberger Sign Geophysical Contract

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing a new geophysical contract by Ganoub El Wadi (Ganope), Schlumberger, and TGS, Egypt Oil& Gas reported. The contract inclu...

Ukrainian Naftogaz to sell Assets in Egypt

Ukraine’s Naftogaz Commercial Director, Yuriy Vitrenko, stated that the company considers contracting an investment and banking adviser who will assess how much the company can receive from sale of its assets in...

Egyptian Ganope Signs an MoU with Russia

A source at Ganoub El Wadi (Ganope) stated to Egypt Oil&Gas that Ganope signed a Memorandum of Understanding (MoU) with Russia’s Zarubezhneft Jst and the Egyptian Natural Gas Holding Company (EGAS). The agre...

Vega Petroleum Tested EGZ-1X Well

An official at Ganoub El Wadi Company (Ganope) stated to Egypt Oil&Gas that UK’s Vega Petroleum tested the upper and lower strata of the new discovered well EGZ-1X in Gabal El Ziet area in Egypt. The tests w...

Ganope Awarded Seismic Survey Deals

In a press release by the Ministry of Petroleum and Mineral Resources, five global firms have been awarded contracts to perform seismic and 3D surveys worth a total of $750m. An official with Ganoub El Wadi Company (G...

Ganope Extended Its Exploration Tender

Ganoub El Wadi Petroleum Holding Company (Ganope) announced the extension of the closing date of its international bid round for 2016 on 10 Blocks. The tender has been extended two and a half months, with a closing da...

Ganope Issued a New E&P Tender

Ganoub El Wadi Petroleum Holding Company’s (Ganope) CEO, Sherif Sousa, stated that the company assigned five new oil and gas concessions to American, Canadian, Malaysian, British, and Egyptian firms, with invest...

EGAS Tenders 9 Concessions for Exploration

The Egyptian Natural Gas Holding Company (EGAS) will issue a tender for discovery and exploration of oil and gas in 8 to 9 sectors in deep sea waters off the shore of the Mediterranean. This will bring the total numbe...

Egypt Issues New International Oil, Gas Bid Rounds

In an effort to increase Foreign Direct Investment (FDI) in the oil and gas sector, Ganoub El-Wadi Holding company issued a new international tender for the exploration of ten areas including five sites within the sou...

Oil Ministry Eyes Foreign Investment Rise by $1b

Egypt’s petroleum ministry is eyeing larger foreign investments in drilling and exploration projects to amount to $8.5b by the end of fiscal year 2015-16, up by $1b, Amwal Al Ghad reported. The Egyptian General ...

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