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Oil & Gas
Risk Management

What Metrics to Look for When Evaluating Risks

Posted: January 26, 2022 at 2:09 pm   /   Oil & Gas

Risk management is essential when it comes to any kind of project or program. Risk management will allow you to identify, manage and mitigate the associated risks that could derail your project and impact the […]

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Pharos Energy

Pharos Energy signs Third Amendment to the El Fayum Concession Agreement

Posted: January 22, 2022 at 10:23 am   /   Oil & Gas

Pharos Energy has announced that the Third Amendment to the El Fayum Concession Agreement has been signed by His Excellency Eng. Tarek El Molla (Minister of Petroleum & Mineral Resources of the Arab Republic of Egypt), EGPC and […]

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TransGlobe

TransGlobe Energy announces Eastern Desert contract execution

Posted: January 22, 2022 at 10:20 am   /   Oil & Gas

TransGlobe Energy has announced execution of the new concession agreement consolidating and amending its three existing Eastern Desert concession agreements (West Gharib, West Bakr and North West Gharib). All dollar values are expressed in US dollars unless […]

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Wintershall Dea

Wintershall Dea drives transformation of the Gas Industry with Hydrogen and CCS

Posted: January 18, 2022 at 10:51 pm   /   Oil & Gas

CEO Mario Mehren stresses at the start of the year: Gas industry is part of the solution for more climate protection.Appeal to policymakers: Revised hydrogen strategy should take hydrogen from natural gas into account.Set the […]

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Eni

Eni awarded five Exploration Licenses in Egypt 2021 Bid Round

Posted: January 15, 2022 at 9:21 pm   /   Oil & Gas

The licenses are located in the Eastern Mediterranean Sea, Western Desert and Gulf of Suez Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as […]

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Bid Round Result

Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions

Posted: January 3, 2022 at 8:31 pm   /   Oil & Gas

Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, […]

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Transglobe

TransGlobe announces amendment of Egypt’s Eastern Desert Production Sharing Contracts

Posted: December 22, 2021 at 12:57 pm   /   Oil & Gas

TransGlobe Energy announces ratification of the consolidated and amended Eastern Desert Production Sharing Contracts. TransGlobe Energy has announced the ratification of the consolidated and amended Eastern Desert Production Sharing Contracts. Production Sharing Contract Ratification TransGlobe has received […]

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Energean

Energean to increase natgas production through new Mediterranean wells

Posted: December 15, 2021 at 7:26 pm   /   Oil & Gas

Energean expects to increase natgas production through new Mediterranean wells: The Greek energy firm sees new discoveries in its North Idku and North Amriya concessions adding 150 mn cubic feet of gas per day, according to a cabinet statement. The […]

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QatarEnergy-Shell-Egypt

Shell Egypt farms out 17% of two Red Sea offshore blocks to QatarEnergy

Posted: December 13, 2021 at 8:31 pm   /   Oil & Gas

QatarEnergy teams up with Shell on two blocks offshore Egypt: Deal marks entry of Qatari giant into Egypt’s lucrative exploration sector. QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two […]

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SUMED

Oil shipments through Egypt’s SUMED pipeline hit 18-month high in November

Posted: December 9, 2021 at 12:29 pm   /   Oil & Gas

Sumed’s oil shipments at their highest in November since May 2020, with north of 700k bbl/d of crude flowing out of the pipeline last month, data compiled by Bloomberg shows. Although this is the highest […]

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