Egypt to Launch Oil, Gas Bid Round for 24 blocks
Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters.
Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters.
The Minister of Petroleum and Mineral Resources, Tarek El Molla commented on the Egypt-Greece maritime demarcation agreement saying that it could lead to more opportunities for exploration and production (E&P) bid ...
Eni announced the discovery of a single 152 meters thick gas column within the Messinian age sandstones of the Abu Madi formation in the Mediterranean Sea offshore Egypt.
Eni and Sonatrach signed a memorandum of understanding (MoU) to renew the gas supply contract.
A Turkish Oil Ship has started to drill for oil and gas in the Mediterranean Sea on October 31, sparking fears over potential disputes with neighbors Cyprus and Greece over jurisdiction.
Turkey plans to begin exploratory drilling for oil and natural gas in the Mediterranean Sea early next year.