gas | Egypt Oil & Gas - Part 39

Egypt’s Petroleum Minister: Foreign Partner’s Monthly Oil, Gas Shares Declined by 26%

New Minister of Petroleum and Mineral Resources Tarek El Molla said that the value of foreign partners’ share of oil and gas declined by 26% from $880m in FY 2014/2015 to reach $650m per month during current FY 2015/ ...

Tarek El-Molla to be Egypt’s New Petroleum Minister

Tarek El-Molla has been appointed as the new Minister of Petroleum of Egypt, Egypt Oil & Gas has learned.

Ganope’s Seismic Surveys Moves Ahead for 2014-2015

During the 2014-2015 fiscal year a number of seismic, gravitational, and magnetic surveys were completed, with others still underway.

$6b for Bahrain Refinery and LNG Tenders, Minister Says

Bahrain will start tendering major oil and gas projects worth more than $6b over the next few months

US Shale Production Drops

US shale fields across the country reported production drops of a combined 80,000 b/d, the EIA

Agiba to Issue New Tender for Rig

Agiba Petroleum Company is preparing to launch a tender to hire a new drilling rig to execute its plan for the current fiscal year in the Eastern Desert concession area.

Cyprus May Claim Part of Egypt’s Massive Zohr Field

Cyprus Energy Minister Giorgos Lakkotrypis said that in the next few days Cyprus will have an idea of whether the large natural gas reserve recently discovered [Zohr] off the coast of Egypt extends inside the island’ ...

Irish Petroceltic to Drill Near Egypt’s Zohr Field

Ireland's Petroceltic will begin drilling 5 km West of Eni's Zohr mega discovery next year.

Iran Breaks Diesel Export Barrier, Draws in European Banks

Iran, for the first time, has become a net exporter of gas oil, said Nasser Sajjadi the managing director of Iran's national oil distribution company (NIOPDC)

Indonesia to rejoin OPEC

Indonesia said it’s preparing to rejoin OPEC, Reuters reported.

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