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Oil & Gas
Wintershall Dea

Wintershall Dea expands interest in the Algerian Reggane Nord gas project

Posted: May 6, 2022 at 3:25 pm   /   Oil & Gas

Agreement to acquire additional 11.25% participating interest from EdisonDecision is part of plan to grow in AlgeriaCountry with major potential for an enhanced energy partnership with Europe Wintershall Dea continues to strengthen its presence in […]

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Wintershall Dea CEO Mehren: “The War Marks a Fundamental Turning Point”

Posted: April 28, 2022 at 2:21 pm   /   Oil & Gas

SPECIAL MEDIA CALL AND Q1 2022 RESULTS: In a special media call, Wintershall Dea CEO Mario Mehren has described the Russian war of aggression against Ukraine as “a fundamental turning point for Wintershall Dea.” Days […]

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Eni Western Desert

Eni announces three new discoveries in the Western Desert of Egypt

Posted: April 14, 2022 at 1:32 pm   /   Oil & Gas

New oil and gas discoveries in the Meleiha concession add 8,500 barrels of oil equivalent to production. Eni announces new oil and gas discoveries in the Meleiha concessions, in Egypt’s Western Desert, for approximately 8,500 […]

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Egypt Eni

Egypt to maximise gas production, LNG exports to Europe following Eni deal

Posted: April 14, 2022 at 1:28 pm   /   Oil & Gas

Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply of gas to Europe. The Chairman of EGAS, Magdy Galal, and the COO Natural Resources of […]

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RedSea-TGS

TGS Announces a Second 3D Multi-Client Seismic Survey in Egypt’s Red Sea

Posted: April 6, 2022 at 4:59 pm   /   Oil & Gas

TGS, a global provider of energy data and intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger. This survey represents the second phase of new acquisition for […]

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North Marakia

ExxonMobil, QatarEnergy sign farm out for North Marakia block offshore Egypt

Posted: March 30, 2022 at 7:41 pm   /   Oil & Gas

ExxonMobil signed an agreement to farm out working interest in the North Marakia exploration block offshore Egypt to QatarEnergy. Subject to customary approvals by the government of Egypt, QatarEnergy will hold a 40% working interest […]

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ipr

IPR Completes Transaction with Pharos for Western Desert Assets Acquisition

Posted: March 28, 2022 at 12:44 pm   /   Oil & Gas

Texas-based IPR Energy Group (“IPR”) announced the completion of its acquisition of Operatorship and majority Working Interest of 55% of Pharos Energy plc (“Pharos”) in the El Fayum and North Beni Suef Concessions in the […]

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ExxonMobil

ExxonMobil to analyze Glaucus-2 natgas discovery offshore Cyprus

Posted: March 28, 2022 at 12:40 pm   /   Oil & Gas

A consortium led by ExxonMobil Corp. will analyze data collected from the Glaucus-2 appraisal well in Block 10 of the Exclusive Economic Zone of the Republic of Cyprus. Drilling of the now completed well demonstrated the presence […]

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LNG-tanker

Will Italian oil giant Eni help boost Egyptian LNG exports to Europe?

Posted: March 20, 2022 at 12:37 pm   /   Oil & Gas

Eni to work with Egypt + others to find alternative gas for Europe: Eni pledged to bring more than 14 trn cubic feet of additional gas to the global market and mitigate Europe’s energy crisis by […]

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SDX

SDX Energy commences oil production at MSD-25 well, West Gharib concession

Posted: March 20, 2022 at 12:27 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the commencement of oil production at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25, which encountered the primary […]

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