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Oil & Gas
Eni

Eni announces a new oil discovery in the Gulf of Suez offshore Egypt

Posted: October 25, 2019 at 11:50 pm   /   Oil & Gas

New resources discovered in the Gulf of Suez offshore Egypt: New resources discovered in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where an appraisal well of the discovery of Sidri South, […]

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shell ceo

Onshore Egypt still attractive even as Shell sells assets – Upstream Opinion

Posted: October 25, 2019 at 1:33 pm   /   Oil & Gas

OPINION: Shell’s decision to exit onshore assets in Egypt highlights a trend by major producers to abandon ageing fields that need intensive efforts to keep them producing without the expected reward. By contrast, heavyweight international […]

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LNG-Plant-Idku

Egypt exported 172 bcf of gas via 45 cargoes from Idku in FY 2018-2019

Posted: October 22, 2019 at 3:40 pm   /   Oil & Gas

Egypt exported 172.8 bcf of natural gas in FY 2018-2019 via 45 cargos from Idku. Egypt exported 45 cargos of natural gas carrying a total of 172.8 bcf from the Idku liquefaction plant in FY2018-2019, […]

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Dragon Oil

Dragon Oil completes acquisition of BP’s share in Egypt’s GUPCO JV

Posted: October 21, 2019 at 6:07 pm   /   Oil & Gas

Dragon Oil’s Acquisition of BP’s stake in Gulf of Suez, Egypt – Major investments and new concepts. As a part of its ongoing drive to be among regionally and globally ranked Oil and Gas companies, […]

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West Med

EGAS upcoming Bid Round will include 11 Blocks in Egypt’s West Mediterranean

Posted: October 20, 2019 at 5:05 pm   /   Oil & Gas

The EGAS upcoming Bid Round will include 11 Blocks in Egypt’s Western Mediterranean. Dr. Samir Rasslan, EGAS vice Chairman for Agreements & Explorations announced on the last day of MOC, that the Egyptian Natural Gas […]

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Shell

Shell Egypt to sell its onshore Western Desert upstream assets

Posted: October 20, 2019 at 3:59 pm   /   Oil & Gas

SHELL EGYPT TO MARKET ITS CURRENT ONSHORE UPSTREAM ASSETS IN THE WESTERN DESERT TO FOCUS ON OFFSHORE GAS GROWTH Shell Egypt is to market its current onshore upstream assets in the Western Desert in order […]

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Apache

Apache Corp. plans to increase its investments in Egypt – CEO Christmann

Posted: October 20, 2019 at 3:45 pm   /   Oil & Gas

Apache Corp. plans to increase investments in Egypt: CEO – The U.S oil corporation plans to boost its investments in Egypt. Apache oil corporation has plans to boost investments in Egypt through using the cutting-edge […]

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Eni

Italy’s Eni says it does not want “gas well war” offshore Cyprus

Posted: October 19, 2019 at 4:15 pm   /   Oil & Gas

The head of Italy’s Eni said Thursday the oil and gas group would not drill off Cyprus should a row with Turkey over sizeable natural gas deposits see either side send in warships. “I am […]

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MOC

Heads of global oil giants applaud Egypt’s blooming oil & gas sector

Posted: October 19, 2019 at 4:08 pm   /   Oil & Gas

Heads of global oil companies stressed on Tuesday that the Egyptian oil sector has become a friendly-investment environment thanks to the government’s legislative reforms and recent oil discoveries in Egypt. Their remarks came during the […]

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Shell

Shell aims to start operating Egypt concessions in second half of 2020

Posted: October 19, 2019 at 4:04 pm   /   Oil & Gas

Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said. Shell won three oil and two gas concessions in Egypt in […]

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