Gulf of Suez | Egypt Oil & Gas - Part 5
New Petroleum Discovery in Gulf of Suez
The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow waters of Geisum Concession at the south of Gulf of Suez, a press release reported. According to the statement, the in...
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, according to a press release. Sponsored by the Ministry of Petroleum and Mine...
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 Affairs, a... Petrobel Extends Shelf Drilling Contract
Belayim Petroleum Company (Petrobel) allowed a one-year extension for Shelf Drilling contract for Trident 16 jack-up rig, according to a press release. The original contract was awarded back in February 2019 to opera...
Dragon Oil to Boost Investments in Egypt by $650 MM
Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years, according to Hapi Journal report citing Tayeb Huwair, COO (Non-Operat...
House of Representatives Approves 11 Exploration Agreements
The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore for o...
Egypt Achieves 60 Discoveries During FY 2018/19
The Egyptian General Petroleum Corporation’s (EGPC) Chairman, Abed Ezz, said that 60 new discoveries had been realized during the previous fiscal year in the fields of petroleum and natural gas, adding that two ...
Agiba Petroleum Increases Crude Oil Production to 45,000 b/d
Agiba Petroleum Company has increased its crude oil production to nearly 45,000 barrels per day (b/d) from its fields in the Western Desert and the Gulf of Suez, a source at Agiba Petroleum said to Amwal Al Ghad newsp...
