PSA | Egypt Oil & Gas

TAG Oil Awarded PSA to Develop Abu Roash “F” Reservoir

TAG Oil Ltd. announced that it was formally awarded a petroleum services agreement (PSA) by Badr Petroleum Company to develop the unconventional Abu Roash "F" reservoir (ARF) in the Badr Oil Field (BED-1), which i ...

Egypt Approves Extending SDX’s PSA of West Ghairb to 2031

SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement for oil production from Meseda and Rabul oil fields in West Gharib concession ...

Uganda, Nigerian Firm Finalize Oil Exploration Deal

Uganda is going to sign two oil production sharing agreements with a Nigerian firm today, enabling the company to begin exploration work.

Eni Amends Concession Agreements with Egypt

Eni’s Egyptian subsidiary, IEOC, has signed 3 new amendments to its agreements with the Egyptian government. In a November 12th press release, the company announced the amendments for their concessions of Sinai 12 an ...

Egypt to Renegotiate Contracts with IOCs

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry aims to renegotiate the current contracts with IOCs, in order to achieve economic balance between the foreign investor and state com ...

Aminex Shifts from PSAs to Royalty Payments in Egypt

Oil and gas company Aminex PLC announced that it has converted its stake in the West Esh El-Mallahah-2 production sharing contract in Egypt into a royalty.

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