oil and gas | Egypt Oil & Gas

Chevron, Woodside Announce Major Asset Swap Deal in Western Australia Oil, Gas Operations

Chevron has made a swap deal with Woodside in oil and gas operations in Western Australia. As per the deal, Chevron would sell its interest in North West Shelf venture and take over all of Woodside's interest in t ...

Shell Further Develops Bonga North Deep-Water Project Offshore Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), has reached a final investment decision (FID) on the Bonga North deep-water project, located in OML 118 offshore Nigeria. The project, which will ...

Omani Companies Invest $45 Million in Oil Wellheads Plant in Duqm

Some Omani private sector companies signed on Wednesday an agreement to establish a $45 million oil wellheads plant in Oman. The plant, to be located in the Special Economic Zone at Duqm, will have an annual produ ...

KUFPEC Eyes More Oil, Gas Projects in Indonesia’s Natuna Sea

Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia's Natuna Sea, according to Reuters.

Equinor Completes Asset Sales in Nigeria, Azerbaijan for $2B

Equinor has completed the sale of its assets in Nigeria and Azerbaijan, realizing a total consideration of up to $2 billion. This marks the end of the Norwegian oil and gas company's operations in these two countr ...

Russia, Pakistan to Cooperate in Oil, Gas Exploration

Russia and Pakistan have discussed cooperation in offshore oil and gas exploration and refining during intergovernmental meetings this week in Moscow, according to Reuters.

CNOOC Starts Production at Huizhou 26-6 Oilfield Development Project

CNOOC has commenced production at Huizhou 26-6 Oilfield Development Project in the Peral River Mouth Basin. The project, with an average water depth of about 110 meters, is expected to achieve a peak production of ...

Indonesia Signs Contract with Harbour Energy, Mubadala for Development of Central Andaman Block

Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of the Central Andaman oil and gas block, according to Reuters.

Eni Secures Four New Offshore Blocks in Côte d’Ivoire

Eni has signed contracts with the Ministry of Mines, Oil and Energy of Côte d’Ivoire in Abidjan to acquire four new exploration blocks in the country’s offshore region.

Egypt and IFC Explore New Avenues for Cooperation in Energy and Mining

The Minister of Petroleum and Mineral Resources Karim Badawi has received a delegation from the International Finance Corporation (IFC), headed by Valerie Levkov, Global Industry Director for Energy, Metals & Mini ...

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