Gulf of Suez | Egypt Oil & Gas - Part 4

Egypt to Launch Oil, Gas Bid Round for 24 blocks

Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters.

El Molla, Fouad Follow up Environmental Reform Plans 

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Environment, Yasmine Fouad, followed up on the environmental compliance and reform plans concerning the industrial drainage issu ...

Sisi Authorizes Petroleum Minister to Contract with Neptune, EGPC for E&P Rights in Gulf of Suez

President Abdel Fattah Al-Sisi ratified Law No. 159 of 2019 authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract with the Egyptian General Petroleum Corporation (EGPC) and Neptune Energy.

SDX H1 2020 Production Surge by 97% YoY

SDX’s South Disouq and West Gharib production in H1 2020 exceeded the company’s 2020 guidance with 6,980 barrels of oil equivalent per day (bbloe/d), noting a 97% increase than H1 2019.

GPC Achieves Production Record of 62,000 bbl/d

General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957.

El Molla, Fouad Review Environmental Reform Plans

Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Environment Yasmine Fouad followed up on the industrial drainage problem and reviewed the environmental reform plans for petroleum compani ...

Petrobel, Shelf Drilling Terminate Trident 16 Contract 

Belayim Petroleum Company (Petrobel) has submitted an early termination of the Trident 16 contract with Shelf Drilling.

New Petroleum Discovery in Gulf of Suez

The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow water of Geisum Concession at Gulf of Suez.

Neptune Completes First OBN Seismic Survey in Egypt

Neptune Energy has successfully completed the first-ever ocean bottom nodes (OBN) seismic survey in Egypt, at the North West El Amal block.

Petroleum, Environment Ministers Review Environmental Compatibility Plans

The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed the industrial wastewater treatment issues in the Gulf of Suez and the Red Sea region with Yasmine Fouad, Minister of Environmental Affair ...

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