IEOC | Egypt Oil & Gas - Part 2

EOG Roundtable Highlights Brownfields Development Strategies 

H.E. Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, asserted the importance of developing brownfields, referring to several revival strategies that were used in Egypt. The minister remarks came ...

Agiba, Pharaonic Petroleum to Boost Investments for FY 2020/21

Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21.

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 f ...

Baltim’s New Well to be Linked to National Grid

Ministry of Petroleum connected the first well at Southern-Western Baltim gas field, located 12km away from the Nooros field in the Nile Delta to the national grid. The new well is expected to produce 100mcf/d of ...

Egypt Cabinet Approves Noor Concession E&P

Egyptian Minister of Petroleum Tarek El Molla has been given the green light to contract several Egyptian companies to participate in exploration and production (E&P) activities.

Cabinet Approves Exploration and Development in Nile Delta

The Egyptian Cabinet has approved a decree allowing Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation, the Italian Egyptian Oil Company ...

ADES Awarded New Drilling Contract in Egypt

ADES Oil and Gas Company won a new three-month contract for drilling offshore Egypt along with Eni's subsidiary, IEOC.

Correction: BP Signed 3 Amendments in Egypt

UK's BP signed amendments to three concession agreements in Egypt.

El Molla Signed 3 New Petroleum Exploration Deals

Egypt signed 3 new petroleum agreements with the Italian Egyptian Oil Company (IEOC), a subsidiary of Eni, and UK's BP. The deals are worth $595m and are for the exploration and production of natural gas and oil.

Eni, BP to Extract 350mcf/d of Gas from South Baltim Field

Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.

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