Kuwait Energy | Egypt Oil & Gas - Part 2
United Energy to Increase Investments in Egypt
China’s United Energy Group is planning to launch new investments in Egypt, which will increase oil and gas production, said Mansour Bukhamseen, board chairman of Kuwait Energy Company, Egypt Oil & Gas reports. Th...
Egypt Signs $10M Western Desert E&P Agreement
Egypt’s oil minister, Tarek El Molla, has signed a $10 million exploration and production (E&P) agreement covering the Western Desert’s Abu Sennan concession, Egypt Oil & Gas reports. The agreemen... Kuwait Energy Looks to Sell Iraq Asset to Repay Debt
Independent oil and gas company Kuwait Oil is considering selling all or part of its Block 9 asset in southern Iraq, and has hired investment bank Perella Weinberg Partners (PWP) to advise on the matter, Reuters repor...
Kuwait Energy Announces Oil Discovery in Egypt
Kuwait Energy Company announced an oil discovery in the Area A concession, which is located in Egypt’s Eastern Desert, as the South Kheir-1X (SK-1X) stabilized at an oil rate of 1,900 barrels per day (b/d) on 64...
Kuwait Energy Seeks Success in Egyptian Concessions
Kuwait Energy Company is looking forward to expanding its success in the company’s concessions in Egypt, and participating in international oil and gas international tenders launched by the Egyptian oil and gas sector...
Kuwait Energy, SOCO International Talk Mergers
SOCO International announced a possible merger transaction with Kuwait Energy as the company confirms that it is studying a potential merger of equals with Kuwait Energy. The transaction comes in context of SOCO’s obj...
Rockhopper Starts New Exploration Well in Egypt
Rockhopper Exploration and Kuwait Energy started drilling a new well in the Abu Sennan Concession in Egypt. Rockhopper Exploration has started the initial drilling of the Al Jahraa SE-2X new exploration well on the 26...
Global Connect Bought Stake in Abu Sennan Concession
Kuwait Energy signed a Farm-Out Agreement (FOA) with Global Connect Limited for 25% participating interest from its shares in the Abu Sennan concession, announces Kuwait Energy in a press release. Thus, Kuwait Energy ...
