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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 oil and gas exploration technologies, said John J. Christmann, the President, Chief Executive Officer and Director at Apache Corporation. Christmann […]

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Apache

Apache JV Qarun Petroleum drilled 10 Western Desert exploration wells

Posted: September 3, 2019 at 4:39 pm   /   Oil & Gas

Qarun Petroleum, a joint venture between Apache and the Egyptian General Petroleum Company, has drilled 10 exploratory wells in the Western Desert, producing a combined 5k bbl/d, the Oil Ministry said in a statement yesterday. This will account for 16% of the company’s total production. The company is now considering investing USD 237 million during […]

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David Chi

Apache’s investment in Egypt exceeded $1 billion in 2018 – David Chi

Posted: October 28, 2018 at 3:13 pm   /   Oil & Gas

David Chi, Vice-President and General Manager of Apache Egypt, said the company’s investments in the Egyptian petroleum sector exceeded USD 1 billion in 2018. In statements to MENA on Thursday on the fringe of a symposium organized by the Egyptian American Chamber of Commerce, Chi said the company is confident in the economic reforms which […]

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Apache

Apache to increase its annual exploration investment in Egypt to $1 billion

Posted: August 26, 2018 at 1:06 pm   /   Oil & Gas

U.S. corporation Apache announced plans to increase its annual oil and natural gas exploration investment in Egypt to about 1 billion U.S. dollars, the Egyptian Petroleum Ministry said in a statement on Tuesday. Apache CEO John Christmann said following a meeting with Egypt’s Petroleum Minister Tarek al-Molla that his company’s move “reflects the importance of […]

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Apache signs $39 million deal to drill 7 wells in Egypt’s East Bahariya

Posted: July 21, 2018 at 1:44 pm   /   Oil & Gas

The Petroleum Ministry announced Wednesday that a new agreement to drill seven oil wells in the East Bahariya concession in the Western Desert was signed, with 9-million-dollar investments and a signature grant worth 30 million dollars. The agreement was signed by CEO of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz el Regal and Apache […]

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Apache to start drilling at East Bahariya concession this year

Posted: June 4, 2018 at 2:48 pm   /   Oil & Gas

El Molla, Apache delegation discuss potential oil exploration in Western Desert Apache is set to complete drilling work at its East Bahariya concession within six months of starting in 3Q2018, top executives from the Apache Corporation told Oil Minister Tarek El Molla during a meeting in Cairo yesterday, a ministry statement said. Apache is also […]

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Seeking Alpha: Apache's Big Egyptian Presence

Posted: April 7, 2018 at 2:32 pm   /   Oil & Gas

Going over Apache Corporation’s joint venture with Sinopec in Egypt. New concessions and high-quality 3D seismic mapping services could unlock new oilfields to develop in the Western Desert. Egypt is a major part of Apache Corporation’s asset base, even though it doesn’t get mentioned that often. Apache Corporation has shifted most of its capital expenditures […]

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Apache plans on drilling 50 new exploration wells in Egypt in 2018/2019

Posted: March 25, 2018 at 7:02 pm   /   Oil & Gas

Apache is planning on drilling 50 new exploratory wells in Egypt in the coming fiscal year through its Qarun and Khalda Petroleum subsidiaries, both JVs with EGPC, Apache CEO John Christmann said on Thursday, according to a report in state-owned Ahram Gate. Christmann said he expects the sector to “witness a boom” in FY2018-19. Apache’s […]

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CGG, Ardiseis complete high-density 3D seismic survey in Egypt’s West Kalabsha

Posted: February 9, 2018 at 8:53 pm   /   Oil & Gas

CGG and Ardiseis complete highest-density seismic survey ever acquired to deliver quantum shift in imaging, resolution and reservoir characterization. CGG, its technology partner, and Ardiseis, subsidiary of the Arabian Geophysical and Surveying Company (ARGAS), the Middle East’s seismic acquisition specialist, have announced the successful completion of the world’s highest-density broadband seismic survey ever acquired onshore […]

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Apache executive joins Neptune Energy as CEO

Posted: January 3, 2018 at 5:40 pm   /   Oil & Gas

Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt, Mid-Continent US, Gulf Coast, Gulf of Mexico and […]

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