Uganda Offers Oil Bidround, Ending a Nine-Year Hiatus

• Wednesday, 25th February 2015
• by Egypt Oil & Gas

Uganda has launched an oil-exploration licensing round for six blocks in its Lake Albertine Rift basin, ending a nine-year freeze on new licensing in its fast-growing energy sector. The blocks on offer through an open...

Falling Oil Prices May Delay Exploration in Mexico

• Sunday, 18th January 2015
• by Egypt Oil & Gas

Mexico’s finance secretary says plunging oil prices may delay bidding on some oil and gas exploration and production contracts. Luis Videgaray said in a radio interview Thursday it is likely bidding will be dela...

KrisEnergy Completes Exploratory Drilling in Indonesia

• Wednesday, 14th January 2015
• by Egypt Oil & Gas

KrisEnergy Ltd. (“KrisEnergy” or the “Company”), an independent upstream oil and gas company, refers to the announcement dated 1 July 2014 in relation to the acquisition of Premier Oil Sumatra (North) B.V. (which hold...

Chevron Makes Another Oil Discovery in Gulf of Mexico

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

Chevron has made an oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. The Green Canyon block 807 Well No. 2 encountered oil pay in multiple Lower Tertiary Wilcox Sands. The well, spudded in Augu...

Results Inconclusive on Morocco Offshore Oil Discovery

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

Genel Energy says the SM-1 exploration well on the Sidi Moussa permit offshore Morocco is being P&A’d after encountering oil in fractured and brecciated cavernous Upper Jurassic carbonates. The well was drilled to...

Egypt to Launch International Auction for Gas, Oil Exploration

• Thursday, 14th August 2008
• by Egypt Oil & Gas

Egypt is preparing to launch an international auction for gas and oil exploration projects in seven new areas in the Mediterranean, Cairo-based Al Ahram daily reported. These areas’ gas reserves represent 81% of...