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Chevron to be awarded two blocks in Egypt’s Western Mediterranean – MEES

Posted: January 21, 2020 at 4:09 pm   /   Oil & Gas

Chevron To Bag Egypt West Med Blocks As Bidding Canned: MEES learns that Egypt’s oil ministry has cancelled plans to launch a bid round for eight ‘West Med’ blocks. Twelve months on from first announcing […]

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North Thekah

Edison spuds Ameeq-1X well at its North Thekah concession offshore Egypt

Posted: January 21, 2020 at 4:04 pm   /   Oil & Gas

North Thekah ( Ameeq – 1X ) Drilling Announcement: Edison Exploration and Production announces the spud, on the 18th of January 2020, of a first exploration well in its North Thekah concession located in the […]

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Cheiron

MEES: Egypt’s independent Cheiron is frontrunner for Dana Gas’ assets

Posted: January 21, 2020 at 3:24 pm   /   Oil & Gas

Egypt’s Cheiron Tipped For Dana Assets: MEES learns that Egyptian independent Cheiron is the frontrunner for UAE-based Dana Gas’ Egypt acreage, which was officially put on sale for $500 million in July last year. Dana’s […]

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EGPC Signing

Egypt signs 9 Oil & Gas E&P agreements in Mediterranean, Western Desert

Posted: January 21, 2020 at 2:14 pm   /   Oil & Gas

EGPC signs USD 450 million in Oil and Gas E&P agreements: The state-owned Egyptian General Petroleum Corporation (EGPC) yesterday signed nine oil and gas exploration and production agreements that will see companies invest at least […]

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West Med

Egypt to directly award West Mediterranean O&G exploration rights

Posted: January 20, 2020 at 4:08 pm   /   Oil & Gas

Egypt will directly award contracts for oil and gas exploration blocks in the Western Mediterranean to companies equipped to drill in deep water, Oil Minister Tarek El Molla told CNBC Arabia. The government plans to […]

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East Med

Egypt’s push to become East Mediterranean gas hub – Reuters FactBox

Posted: January 19, 2020 at 3:25 pm   /   Oil & Gas

Egypt began importing gas from Israel’s largest offshore gas field, Leviathan, on Wednesday, a step Cairo hopes will help it become a regional energy hub. Rapid growth in Egypt’s natural gas supplies, boosted by the […]

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Borouge Egypt

Borouge sets up petrochemicals marketing company in Egypt

Posted: January 14, 2020 at 3:33 pm   /   Oil & Gas

Borouge, a UAE petrochemicals company, said that it has set up a new marketing company in Cairo, Egypt to support its MENA growth strategy. The company, which provides plastics solutions, is looking to meet customer […]

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Dragon Oil GUPCO

Dragon Oil completes acquisition of BP’s Gulf of Suez assets (GUPCO)

Posted: January 14, 2020 at 3:29 pm   /   Oil & Gas

Emirates National Oil Company (ENOC) subsidiary Dragon Oil has wrapped up its acquisition of BP’s Gulf of Suez assets for USD 500 million, the Oil Ministry said in a statement. A conflicting report by Al […]

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Pharos

Pharos Energy announces trading and Egypt operations update

Posted: January 8, 2020 at 1:26 pm   /   Oil & Gas

Pharos Energy has issued a trading and operations update to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2019. This is in advance of the […]

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Jackup Rig

ADES secures contract renewal for Admarine 262 jack-up rig in KSA

Posted: January 8, 2020 at 1:16 pm   /   Oil & Gas

ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has secured a contract renewal for the Admarine 262 jack-up rig in Saudi Arabia.  ADES said […]

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