oil & gas | Egypt Oil & Gas

El Molla Welcomes The Carlyle Group to the Egyptian Oil, Gas Sector

Minister of Petroleum and Mineral Resources Tarek El Molla has met with James Robert Maguire, Managing Director and Partner at The Carlyle Group; Mathios Rigas, CEO of Energean; and Parminder Singh, Managing Direc ...

Egypt, Venezuela Talked Oil, Gas, Petrochemical Cooperation

During the meeting, potential cooperation opportunities between the two countries in the fields of oil, gas and petrochemicals, were reviewed.

UOG Records Average Production of 1,552 boe/d in H1 2022

United Oil and Gas Company (UOG) has recorded net average oil & gas production of 1,552 barrels of oil equivalent per day (boe/d) during the H1 of 2022..

Ganope’s Oil Production Increases by 10% in FY 2021/22

The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope) Nael Darwish announced that his company succeeded in increasing its reserves by adding 15 million barrels during fiscal year (FY) 2020/21 to ...

Suez Canal Revenues Reach a Record $7B in 2022/21

Suez Canal Authority (SCA) Chairman Osama Rabie announced that navigation data in the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the hig ...

Shell Begins Production at PowerNap in Mexico

Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.

Eni, Sonatrach Make New Discovery in Zemlet el Arbi Concession

Eni and Sonatrach announced that they have made a landmark oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert.

Shell Intends to Withdraw from Russian Oil, Gas

Shell announced that it intends to withdraw from its all-hydrocarbons business in Russia including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner aligned with new government ...

INPEX to Start Exploratory Drilling Operations in Japan

INPEX announced that it plans to start exploratory drilling operations to explore the possibility oil and natural gas potential resources in offshore Shimane and Yamaguchi prefectures located in Japan.

Kentech Signs Agreement to Acquire SNC-Lavalin’s Oil, Gas Business

Kentech Company announced that it has signed an agreement to acquire the oil and gas business of SNC- Lavalin’s Resources Division.

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