New Discoveries

  • Tendrara Exploration to Cover 30% of Morocco’s Natural Gas Needs

    Tendrara Exploration to Cover 30% of Morocco’s Natural Gas Needs

    Thursday, 19th December 2019

    The Moroccan Minister of Energy, Mines and Sustainable Development, Abdelaziz Rebbah, has announced that the recently discovered natural gas in Tendrara is anticipated to cover up to 30% of Morocco’s natural gas needs.

  • Abu Dhabi Sees Boost in Oil, Gas Reserves

    Abu Dhabi Sees Boost in Oil, Gas Reserves

    Tuesday, 5th November 2019

    Abu Dhabi’s Supreme Petroleum Council (SPC) approved the launch of a new pricing mechanism for the Abu Dhabi National Oil Company's (ADNOC) onshore crude oil and Murban. Furthermore, it announced an increase in oil and natural gas reserves, as well as new discoveries in Abu Dhabi.

  • Eni: New Resources Discovered in Offshore Gulf of Suez

    Eni: New Resources Discovered in Offshore Gulf of Suez

    Sunday, 27th October 2019

    Eni announced the discovery of new resources in the Abu Rudeis Sidri development lease in the Gulf of Suez, where Petrobel, equally held by Eni and the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South last July.

  • Eni Announces New Production from Western Desert, New Near Field Discoveries

    Eni Announces New Production from Western Desert, New Near Field Discoveries

    Wednesday, 24th July 2019

    Eni announced that production from South West Meleiha development lease has started. In addition, two near oil fields have been discovered in the Meleiha development lease in Western Desert.

  • EGAS to Put 11 Gas Exploration Blocks for Bid Rounds

    EGAS to Put 11 Gas Exploration Blocks for Bid Rounds

    Thursday, 30th May 2019

    EGAS has finalized seismic studies and scans, and is waiting for the Ministry of Petroleum’s approval to set a date for the bid rounds.

  • Saudi Arabia Discovers Gas Fields in Red Sea

    Saudi Arabia Discovers Gas Fields in Red Sea

    Monday, 11th March 2019

    Saudi Aramco will carry out feasibility studies to determine the exploration possibilities in this area during the upcoming two years.

  • Egypt Signs 83 E&P Agreements in 4 Years

    Egypt Signs 83 E&P Agreements in 4 Years

    Tuesday, 2nd January 2018

    The Egyptian Ministry of Petroleum and Mineral Resources succeeded in signing a total of 83 E&P agreements between November 2013 and December 2017. The agreements were sealed with IOCs with minimum investments around $15.5 billion.

  • EGAS Reports New Discoveries, 1.63 tcf of Sales

    EGAS Reports New Discoveries, 1.63 tcf of Sales

    Wednesday, 20th September 2017

    The Egyptian Natural Gas Holding Company (EGAS) made four new discoveries in the Mediterranean Sea and Nile Delta during fiscal year (FY) 2016/2017