upstream | Egypt Oil & Gas - Part 6

Halliburton to Assess New Bahraini Oil Field

Halliburton will drill two wells in 2018 to appraise how much of Bahrain’s newly-discovered oil reserves in the Khaleej Al Bahrain Basin is obtainable, News of Bahrain reported. On April 4, the head of the finan...

New Bahrain Oilfield to Produce 200,000 b/d

Bahrain expects to produce 200,000 b/d from its newly-discovered oilfield, according to the head of the financial and economic committee in Bahrain’s parliament, Abdulrahman Bu Ali, Reuters reported. Bu Ali adde...

Ras al-Khaimah Launches Petroleum Licensing Bids

UAE emirate Ras al-Khaimah (RAK) launched its first petroleum licensing round on April 2 for exploration and development contracts in seven areas, Reuters reported. The seven areas include four shallow water offshore ...

Saudi Aramco Signs Agreements Worth $10 B with US Companies

Saudi Aramco signed preliminary cooperation agreements worth $10 billion with several leading oil services companies during Crown Prince Mohammed bin Salman’s visit to the US on March 27, The National reported. ...

APICORP Forecasts $950B in MENA Energy Investments

The Arab Petroleum Investments Corporation (APICORP) has predicted that almost $950 billion will be invested into MENA energy projects over the next five years, according to CPI Financial. The positive forecasts were ...

El Molla, Key Market Players to Attend the Upstream Technical Convention

Egypt Oil & Gas Publication and Egypt Oil & Gas Technical Committee are proud to announce the Upstream Technical Convention, an event held under the High Patronage of H.E. Eng. Tarek El Molla, Egypt’s Minister...

SNC Signs Upstream Contract in Oman

The Canadian company SNC Lavalin has signed a long-term deal for commissioning services across a portfolio of upstream projects operated by Petroleum Development Oman (PDO), Your Oil and Gas News reported. The move ma...

Uganda Likely to Produce First Oil by 2020

Uganda has come closer to materializing its plan to produce first oil by 2020. Partners in Uganda’s oil and gas are closer to making a final investment decision (FID) following the announcement that three companies wi...

Iran to Launch Upstream Tender Early 2017

Iran will launch after January 2017 its first new-style tender to develop oil and gas fields since the lifting of sanctions, noting that the deadline to submit pre-qualification documents has been extended, Reuters re...

Sub-Saharan Africa Loses $100b in Oil, Gas Capital

Capital investment in the oil and gas industry in sub-Saharan Africa has witnessed a cut by $100b over the next five years, according to Wood Mackenzie’s latest report on upstream activity, East African Business Week ...

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