Gulf of Suez | Egypt Oil & Gas - Part 6

Egypt Conducts Seismic Survey on Suez Gulf, Western Desert

Stable production is a positive sign in a time in which oil fields annual production declined by around 20% to 25%.

International Firms Bid for 250 MW Wind Farm in Gulf of Suez

The competing companies include Spanish Siemens –Gamesa, Danish Vestas, and German Senvion.

El Molla Signs Two E&P Deals Worth $65M

Oil minister Tarek El Molla has signed two oil and gas exploration and production (E&P) agreements in the Sinai and the Suez Gulf with investments of $65 million and $3.5 million signature grant.

Ministry of Petroleum to Offer New Exploration Tenders

Minister of Petroleum Tarek El Molla announced on July 31 that the ministry is planning to increase investment opportunities for oil and gas exploration by offering new tenders for the Red Sea and West Mediterrane ...

EGPC, BP Sign $46M Gulf of Suez E&P Deal

The Egyptian General Petroleum Corporation (EGPC) and BP have signed a $46 million oil and gas exploration and production (E&P) deal for the Eastern Ramadan area in the Gulf of Suez.

Oil Ministry Signs Three Exploration Agreements

The Ministry of Petroleum signed three new agreements for oil and natural gas exploration in the northern Sinai Peninsula and the Gulf of Suez on July 11.

Egypt to Start Gulf of Suez Seismic Survey in 2018

Egypt will start the seismic survey for the Gulf of Suez region before the end of 2018, in order to provide new opportunities for exploration and production (E&P).

EGPC, Trident Petroleum Ink $2.4M E&P Deal

The Egyptian General Petroleum Corporation (EGPC) signed a $2.4 million exploration and production (E&P) agreement with Trident Petroleum Company for the drilling of four new wells in Magawish Block in the Gulf of ...

PetroZenima Connects Drilled Wells to Production Platforms

PetroZenima has drilled eight wells in the 39km Mozhel field in the Gulf of Suez concession area. The first and second wells were connected and began producing from 500b/d to 800b/d of oil.

Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m

Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.

Page 6 of 9

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