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 ...
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 apprais...
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, the company revealed in a ...
The Egyptian Natural Gas Holding Company (EGAS) plans to put 11 natural gas exploration blocks for bid rounds in the western Mediterranean by Q1 2020, a source from the company told Al Shorouk. EGAS has finalized seis...
Saudi Arabia discovered new natural gas fields in the Red Sea, according to the Saudi Press Agency (SPA) citing the Saudi Energy Minister Khalid Al Falih saying, Mubasher reported. Saudi Aramco will carry out feasibil...
The Egyptian Ministry of Petroleum and Mineral Resources succeeded in signing a total of 83 exploration and production (E&P) agreements between November 2013 and December 2017. The agreements were sealed with inte...
The Egyptian Natural Gas Holding Company (EGAS) made four new discoveries in the Mediterranean Sea and Nile Delta during fiscal year (FY) 2016/2017, according to the Head of EGAS, Osama El Bakly, Egypt Oil & Gas r...