TransGlobe | Egypt Oil & Gas

TransGlobe Expresses Interest in Expanding Egyptian Operations

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the CEO of TransGlobe Energy Corporation George Maxwell and Country Manger and Director of TransGlobe Energy Egypt, Craig Robertson to discus ...

El Molla,TransGlobe Discuss Ways for Boosting Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla met a delegation from TransGlobe Energy headed by George Maxwell, CEO of the company, which carries out research, exploration and production of oil and ga ...

VAALCO Energy, TransGlobe Energy Approve Strategic Business Combination

TransGlobe Energy Corporation announced that it has approved the plan of arrangement in which VAALCO Energy Canada ULC (AcquireCO) will acquire all the issued and outstanding TransGlobe common shares.

VAALCO to Acquire All Outstanding Common Shares of TransGlobe

TransGlobe and VAALCO announced that they have entered into a definitive arrangement agreement pursuant to which VAALCO will acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategi ...

TransGlobe Sells 451 mmbbl Cargo of Egypt Entitlement Crude Oil for Proceeds of $46M

TransGlobe corporate production remains in line with 2022 annual guidance of 12.4-13.4 million barrels of oil equivalent per day (mboe/d). In Egypt, the company's output, before royalties and taxes, recorded from ...

TransGlobe Releases Operational Update for Q1 2022

According to the company's production Summary, TransGlobe's production from Egypt reached a year-to-date (YTD) average of 10,045 barrels of oil equivalent per day (boe/d). In Egypt production was impacted by poor ...

TransGlobe Finalizes Eastern Desert Agreement

The agreement merges the three producing concessions (West Gharib, West Bakr, and North West Gharib) which in December 2021 had an average production of 9,394 barrels of oil per day (bbl/d).

Egypt Signs Two E&P Agreements with $506 M in Investments

Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new agreements with TransGlobe and Pharos Energy to search for, develop and produce petroleum in several regions in the Eastern and Western D ...

Parliament Approves Three Exploration Agreements for Gulf of Suez, Western Desert, Eastern Desert

The Egyptian Parliament, chaired by, Ahmed Saad El-Din, First Undersecretary of the Parliament, approved a draft law submitted by the government licensing the Minister of Petroleum and Mineral Resources, Tarek El ...

TransGlobe Egypt’s Production Averaged 10,758 boe/d YTD

This came as the company published on September 29th an update of the production summary before taxes and royalties.

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