Egypt will offer an international bid round for new oil and gas exploration blocks in the Mediterranean and Nile Delta, according to EGAS head Khaled Abdel Badie, Reuters reports. The tender will be held in the second...
Egyptian firm Maridive & Oil Services S.A.E., Egypt’s largest offshore oil services company, has plans to begin exploring for natural gas in Egyptian territorial waters, according to a company official who spoke w...
The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward for...
Ahmed Abdel Halim, petroleum expert in maritime borders, told Egypt Oil & Gas that the ministry of defense had sent a map to the petroleum ministry illustrating all concessions owned by Egypt in the Mediterranean ...
A source at the Petroleum Ministry told Egypt Oil & Gas that Eni’s recent giant gas discovery “Zohr”, with 30 tcf of gas reserves, will raise Egypt’s worldwide petroleum ranking to 12 inste...
EGAS announced the result of the 2015 international exploration Mediterranean bid round, reported Egypt Oil & Gas. The results include four bids for four blocks in the Mediterranean, with a total investment of $30...
Eng Khalid Abd alibda, chairman of the Egyptian Natural Gas Holding Company (EGAS), told Egypt Oil & Gas that there is currently a joint working group between EGAS and the Italy’s ENI, to review the developm...
Ireland’s Petroceltic will begin drilling 5 km West of Eni’s Zohr mega discovery next year, reported Irish Examiner. Petroceltic holds two licences offshore Egypt, one awarded in 2013 and the other late la...
Dr. Wafik Meshref, the Exploration General Manager at Sahara Oil & Gas Company told Egypt Oil & Gas that there are at least seven additional blocks in the Mediterranean Sea that have similar or twin litholog...
The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company’s deepw...