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%.
Stable production is a positive sign in a time in which oil fields annual production declined by around 20% to 25%.
The competing companies include Spanish Siemens –Gamesa, Danish Vestas, and German Senvion.
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.
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 ...
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.
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 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).
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 ...