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Oil & Gas
Tarek El Molla

El Molla hints at new energy projects for the private sector at EMGF

Posted: November 27, 2021 at 11:57 am   /   Oil & Gas

New energy projects in the pipeline for the private sector? The East Mediterranean Gas Forum has several future projects lined up that will entail cooperation between the forum’s member countries, international financial institutions, and the private sector, Oil Minister […]

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Pharos Energy

Pharos Energy announces restart of El Fayum development drilling

Posted: November 25, 2021 at 12:20 pm   /   Oil & Gas

Pharos Energy has announced a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interim three-well development programme. Ed Story, President and Chief Executive Officer, commented: ‘I am pleased to announce that, after […]

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Wintershall Dea COO Dawn Summers meets with Egypt’s Petroleum Minister Tarek El Molla

Posted: November 18, 2021 at 12:15 pm   /   Oil & Gas

Wintershall Dea Chief Operating Officer Dawn Summers and Senior Vice President & Managing Director, BU Egypt, Sameh Sabry, met with His Excellency, Engineer Tarek El Molla, Egyptian Minister of Petroleum, at ADIPEC 2021. They discussed […]

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PXGEO

PXGEO awarded Egyptian Red Sea 3D towed streamer project for Q4 2021

Posted: November 17, 2021 at 12:45 pm   /   Oil & Gas

PXGEO has been awarded a project in the Egyptian Red Sea. The project will commence in November 2021 with an approximate duration of four months and will be acquired by seismic vessel PXGEO 2. (Source: […]

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United

United O&G announces spudding of Al Jahraa-13 development well in Egypt’s Abu Sennan licence

Posted: November 16, 2021 at 3:46 pm   /   Oil & Gas

AIM-listed United Oil & Gas has announced the spudding of the Al Jahraa-13 development (‘AJ-13’) well in the Abu Sennan licence, onshore Egypt. Highlights Drilling of the AJ-13 development well, which will target stacked Upper and Lower Bahariya reservoir targets, […]

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cairn-capricon

Cairn Energy to change its name to Capricorn Energy

Posted: November 16, 2021 at 3:42 pm   /   Oil & Gas

Cairn is planning to change its company name from Cairn Energy plc to Capricorn Energy plc from December 13, the business has announced in a statement posted on its website. The development follows an agreement […]

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Fayum

Pharos Energy receives Egypt’s Cabinet approval of El Fayum Amendment

Posted: November 1, 2021 at 8:29 pm   /   Oil & Gas

Pharos Energy has received Egyptian Cabinet approval of the Third Amendment of its El Fayum Concession Agreement. The approved terms, already announced on 30 March 2021, include both an increase of the cost recovery petroleum percentage and an […]

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natgas

Egypt considers liberalizing natural gas prices for factories

Posted: November 1, 2021 at 8:24 pm   /   Oil & Gas

Factories could see the prices they pay for natural gas change every 3-4 months if the government follows through on proposals to liberalize the market announced by Oil Minister Tarek El Molla yesterday. Policymakers are considering extending […]

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Wintershall Dea

Wintershall Dea making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects

Posted: October 31, 2021 at 12:14 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent oil and gas company, is making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects in North-Western Europe. Wintershall Dea’s portfolio of CCS and hydrogen projects […]

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Red Sea

TGS, Schlumberger announce new Red Sea 3D seismic survey offshore Egypt

Posted: October 29, 2021 at 8:47 pm   /   Oil & Gas

TGS, in partnership with Schlumberger, has disclosed a new 3D seismic survey in the Red Sea, Egypt. The survey, covering approximately 6,800 square kilometres, will be acquired with long offsets and processed using a Pre-Stack […]

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