Mediterranean | Egypt Oil & Gas - Part 3

Eni Awarded Five Exploration Licenses in Egypt

Eni has been awarded five new exploration licenses in the Egyptian offshore and onshore by the Ministry of Petroleum and Mineral Resources, the company said in a statement. The announcement followed Eni’s successful p...

Egypt Offers First Digital International E&P Bid Round in 2021

The Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) have offered the first digital international bid round in 2021 for petroleum exploration and production (E&P) opera...

Shell Egypt signs Two PSCs for Blocks in Red Sea, Mediterranean

Shell Egypt has signed production sharing contracts (PSCs) for offshore and deep-water concession of the Red Sea’s  Block 3 that covers 3,097 Km² and  the offshore North Kanayes of Herodotus Basin in the West Me...

House of Representative Approves 12 E&P Bills

The Egyptian House of Representative passed 12 exploration and production (E&P) bills that allow the Minister of Petroleum and Mineral Resources to sign contracts with different oil and gas E&P companies, Al-A...

Shell to Increase Investments in an Arrear-Free Climate

Royal Dutch Shell plans to increase its investments in Egypt as the country no longer owes the company any arrears, a press statement revealed. According to the Executive VP Upstream JVs at Shell, Gerald Schotman, She...

Egypt to Drill Two New Gas Wells in North Damietta

The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession in the East Nile Delta, with about $289 m...

Total to Pump Investments in Egypt

French energy giant Total looks to increase its exploration and production (E&P) activities in the West Mediterranean and the Red Sea, as well as raising its overall investments in Egypt, Al Shorouk reported. Acco...

Ministry of Petroleum to Launch Bid Rounds in West Mediterranean

The Ministry of Petroleum and Mineral Resources is planning to launch a new bid round in Q3 2019 for natural gas exploration in the West Mediterranean region, Al Ahram reported. The ministry pointed out to the importa...

Edison Dissipates Rumors and Confirms Commitment to Egyptian Projects in 2019

Edison announced its commitment to Egypt and its East Mediterranean concessions as it will pursue and fulfill its exploration campaign in 2019, the company said in a press release. The statement denies rumors that the...

Noor Gas Field Update: Oil Ministry Spokesperson Confirms August Exploration Drilling

Eni will start exploration drilling at Noor field off North Sinai shore within two months, the oil ministry spokesman Hamdi Abdel Aziz told Reuters. Commenting on the news about the field’s reserves, Abdel Aziz said t...

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