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Oil & Gas
Wintershall Dea

Wintershall Dea divests its interest in the Gulf of Suez concession

Posted: February 3, 2022 at 3:40 pm   /   Oil & Gas

Transfer of interest to the Egyptian General Petroleum Corporation after 38 years of efficient production.Proud history in Egypt will continue.Stronger focus on production of natural gas. As of 1st January 2022, after 38 years of […]

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egypt-mediterranean-topography

PGS releases new 3D GeoStreamer seismic data for Mediterranean Sea in Egypt

Posted: February 2, 2022 at 1:09 pm   /   Oil & Gas

PGS has added five 3D seismic surveys to its data library offshore Egypt, to create new broadband 3D coverage of more than 18,700 sq km in recently awarded nearshore license blocks. Time-migrated data is available now, while final […]

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Egypt-South-Disouq

SDX announces proposed disposal of 33% of South Disouq for $5 million

Posted: February 2, 2022 at 12:57 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has announced the proposed disposal of 33% of the shares in the entity that holds its interests across its South Disouq concession and its intention to initiate a share buyback program […]

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Kuwait Energy Egypt

Kuwait Energy Egypt celebrates the opening of five clinics at Ras Gharib

Posted: January 29, 2022 at 11:34 pm   /   Oil & Gas

Kuwait Energy Celebrates the Grand Opening of the Five newly Fully constructed and equipped medical clinics for Maternity and childhood units to serve 75,000 people at Ras Gharib. In response to the urgent call to […]

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Tarek El Molla

New oil and gas exploration bid round coming in 1H2022 – El Molla

Posted: January 26, 2022 at 2:12 pm   /   Oil & Gas

New oil and gas exploration rights will be up for grabs in 1H2022. The government plans to launch a new global tender for oil and gas exploration before June, Bloomberg Asharq reported Oil Minister Tarek El Molla as […]

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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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