Ministry of Petroleum to Offer New Exploration Tenders

• Wednesday, 1st August 2018
• by Editorial Team

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

• Tuesday, 31st July 2018
• by Editorial Team

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

• Monday, 16th July 2018
• by Editorial Team

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

• Sunday, 20th May 2018
• by Sarah Samir

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

• Sunday, 12th November 2017
• by Sarah Samir

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

• Sunday, 26th March 2017
• by Dr. Mahinaz El-Baz

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

• Saturday, 3rd December 2016
• by Egypt Oil & Gas

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

Shell, BP Bid on Egypt’s Petroleum Tender

• Tuesday, 4th October 2016
• by Sarah Samir

Royal Dutch Shell and UK's BP have submitted bids in a Egypt's petroleum tender with Shell bidding for the Western Desert concession, and BP for the Gulf of Suez.

Electricity Ministry Finalizes Suez Wind Power Project

• Tuesday, 31st May 2016
• by Egypt Oil & Gas

Egypt's Ministry of Electricity has finalized the contract that legally binds GDF Suez, Toyota, and Orascom together to start inaugurating a wind power plant project in the Gulf of Suez area.

ThinJack Inks Agreement with Egyptian Yadco Petroleum Services

• Friday, 27th May 2016
• by Egypt Oil & Gas

ThinJack Ltd, the Scottish offshore oil and gas service company has reached an agreement with the Egyptian company, Yadco Petroleum Services to remove multiple well Christmas trees on surface platforms in Egypt’s Gul ...