West Mediterranean | Egypt Oil & Gas

TotalEnergies to Resume Gas Exploration in Egypt, Eyes Western Mediterranean

The French energy major, TotalEnergies, signed a memorandum of understanding (MoU) with the Egyptian Natural Gas Holding Company (EGAS) to cooperate on natural gas exploration in the Western Mediterranean. The agreeme...

Fayoum 5 Exploration Well Findings Indicate Potential Natural Gas Discovery by bp in Mediterranean

The initial results of the Fayoum 5 exploration well located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in the ...

Petroleum Minister Inspects Drilling Operations at North Marakia Offshore Block

Minister of Petroleum and Mineral Resources Karim Badawi conducted a tour of the rig vessel Valaris Ds-9  which is searching for natural gas in the North Marakia area in the West Mediterranean, and currently drilling ...

ExxonMobil Unveils Plans for New Gas Exploration Well in West Mediterranean

ExxonMobil officials revealed plans to drill a new exploratory well for natural gas in the West Mediterranean area, slated to commence in mid-December. The announcement was made during a meeting between the company...

EGAS to Put 11 Gas Exploration Blocks for Bid Rounds

The Egyptian Natural Gas Holding Company (EGAS) plans to put 11 natural gas exploration blocks for bid rounds in the western Mediterranean by Q1 2020, a source from the company told Al Shorouk. EGAS has finalized seis...

Ministry of Petroleum to Offer New Exploration Tenders

Minister of Petroleum Tarek El Molla announced on July 31 that the ministry is planning to increase investment opportunities for oil and gas exploration by offering new tenders for the Red Sea and West Mediterranean a...

BP Boosts Gas Production in Egypt

UK’s British Petroleum (BP) aims to boost their gas production in Egypt through enhancements of several fields within their concessions in the country, reported Al Borsa News. The company plans to connect produc...

BP to Produce Northern Alexandria Gas in 2017

British Petroleum (BP) is aiming to start the first development phase of the northern Alexandria concession and west Mediterranean deep water concession by the third quarter of 2017, with a production capacity of 450m...

MENA to Acquire 55% Interest Offshore Egypt from Hess

MENA Hydrocarbons Inc. is pleased to announce that it has received co-venturer approval for the acquisition of a 55 percent participating interest in the West Mediterranean, Block 1, Segment A block located 60 km off ...

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