Western Desert | Egypt Oil & Gas - Part 6

TransGlobe Production in Egypt Records 10,904 bbloe/d

TransGlobe’s Production has amounted on June 21 to 10,904 barrels of oil equivalent per day (bbloe/d) from its Egypt concessions, according to a press release. The company has drilled two wells in the Eastern Desert a...

Eni, Partners Merge Meleiha, Meleiha Deep Concessions

Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Lukoil to merge the Meleiha and Meleiha Deep concessions into a new concession called Merged Meliha in the Western Desert, accordi...

TransGlobe Production Amounts to 11,009 bbl/d in April

TransGlobe Egypt has  announced that its production averaged around 11,009 barrels of oil per day (bbl/d) in April and recorded 10,238 bbl/d throughout Q1 2021, according to a statement. The company began production f...

Naftogaz Ramps up Oil Production by 20% in Egypt’s Western Desert

Naftogaz Group ramped up oil production from its assets in the Western Desert of Egypt by more than 20% or 600 barrels per day (bbl/d), a press release reported. Accordingly, Naftogaz Group is expected to earn additio...

EGPC, Pharos Energy Agree to Amend Fayoum Concession Agreement

Pharos Energy and the Egyptian General Petroleum Corporation (EGPC) have agreed to amend the terms of El Fayoum Concession in the Western Desert, which will raise Pharos’s cost recovery petroleum percentage from...

Shell Signs SPA with Cheiron, Cairn for Onshore Upstream Assets in Western Dessert

Shell Egypt has announced that it entered into a sale and purchase agreement (SPA) for its onshore upstream assets in the Western Desert of Egypt, with a consortium made up of subsidiaries of Cheiron Petroleum Corpora...

Egypt Offers First Digital International E&P Bid Round in 2021

The Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) have offered the first digital international bid round in 2021 for petroleum exploration and production (E&P) opera...

Egypt to Launch Oil, Gas Bid Round for 24 blocks

Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters. The bid round will include nine blocks in the Mediterranean Sea, 12 in the Western Desert, and three in the Gulf...

Eni Announces Oil Discovery in the Western Desert

Eni has made a new oil discovery in the Meleiha Concession in the Western Desert, adding an extra 10,000 barrels of oil per day (bbl/d) to the current concession production. The discovery was made through the Arcadia ...

Parliament Approves Draft Laws for New E&P Agreements

The House of Representatives approved new draft laws authorizing the Minister of Petroleum and Mineral Resources to contract for exploration and production (E&P) projects across the republic, according to Al-Ahram...

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