Total to Pump Investments in Egypt
French energy giant Total looks to increase its exploration and production (E&P) activities in the West Mediterranean and the Red Sea, as well as raising its overall investments in Egypt.
Red Sea | Egypt Oil & Gas - Part 3
Ministry of Petroleum to Launch Bid Rounds in West Mediterranean
The Ministry of Petroleum and Mineral Resources is planning to launch a new bid round in Q3 2019 for natural gas exploration in the West Mediterranean region.
Egypt to Double LNG Exports by End of 2019: El Molla
Egypt plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.
Egypt, Saudi Arabia Discuss Oil, Gas Opportunities
El Molla and Al-Falih met on the sidelines of the World Economic Forum on the Middle East and North Africa that is taking place in Jordan on April 6-7.
Red Sea Bid Winners Permitted to Sell Production: Ganope
Ganope announced that the companies that have been awarded Red Sea 10 exploration blocks will have the right to sell its production shares locally or export it with the Ministry of Petroleum’s approval.
Chevron Eyes Oil, Gas Opportunities in Red Sea
El Molla pointed out that the ministry’s commitment to secure an investment attractive climate will encourage big international oil companies (IOCs) to invest in Egypt.
Egypt Chooses CRCICA for Red Sea E&P Agreement Disputes
Companies will have to submit their offers maximum by August 1st, 2019. Meanwhile, the designated agreement will have certain terms and conditions.
Saudi Arabia Discovers Gas Fields in Red Sea
Saudi Aramco will carry out feasibility studies to determine the exploration possibilities in this area during the upcoming two years.
Ganope Announces Red Sea Bid Rounds
The bid round will be open for 10 exploration blocks in Egypt's territorial waters in the Red Sea
70% Gas Probabilities Discovered in the Red Sea
The results of geophysical data collection in the Red Sea, conducted by Schlumberger and Ganope, revealed gas discoveries probabilities exceeding 70% as per a seismic survey.
