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Tag: Apex

EGPC signed 3 oil & gas exploration agreements worth $50 million

Posted: December 10, 2017 at 7:27 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) has signed oil and gas exploration agreements with three international companies worth a combined USD 50 million, an Oil Ministry official tells Al Borsa. These include a USD 20 million oil and gas exploration agreement with Apex International in the West Badr El Din concession in the Western Desert, […]

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OilPrice: New agreements shake up Egypt’s oil & gas market

Posted: September 6, 2017 at 5:17 pm   /   Oil & Gas

The latest agreements signed by the Egyptian Ministry of Petroleum has caused recovery in Egypt’s oil and gas sector, world’s leading magazine OilPrice said in a Monday report. The new contracts will be the start of a wide-range campaign to revive the sector, which was hampered over the past few years, OilPrice added. Last week, […]

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Egypt signs 3 Western Desert oil & gas exploration agreements with Shell, Apex worth $81 million

Posted: August 30, 2017 at 11:28 am   /   Oil & Gas

Royal Dutch Shell, Apex International Energy sign USD 81 mn in exploration agreements: The Oil Ministry signed three oil and gas exploration agreements for 16 new fields in the Western Desert worth at least USD 81.4 mn with Royal Dutch Shell and Apex International Energy, according to Reuters. The ministry said Shell will invest USD […]

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Egypt to launch new oil exploration tender by end of 2017 – El-Molla

Posted: July 17, 2017 at 3:07 pm   /   Oil & Gas

Egypt is planning a new tender for crude discovery and exploration before the end of 2017, Petroleum Minister Tarek El-Molla said Saturday. Egypt will sign soon contracts with Apache Corporation, Apex International Energy, and Shell for five oil exploration blocks in the Western Desert, the minister added. Egypt, which used to be a net energy […]

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Egypt is one of the most attractive markets for independent oil companies

Posted: March 22, 2017 at 8:16 pm   /   Oil & Gas

That is the view taken by Gulf News, which said that the country is seeing the biggest wave of independents flocking to it in the Middle East. “Egypt is a well-known petroleum province, with a robust local oilfield services market, and strong infrastructure to capture all new production,” the newspaper says. The country has enabled […]

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2016-bid-round result

Details of EGPC Bid Round 2016 announced by the Ministry of Petroleum

Posted: December 4, 2016 at 2:06 pm   /   Oil & Gas

Results of the 2016 EGPC International Bid Round, in which 11 blocks were offered for oil and gas exploration in the Western Desert and the Gulf of Suez, were announced by the Ministry of Petroleum in a press release on Friday. The bids are worth a total minimum investment of $200 million, $68.2 million signature […]

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Egypt accepts six oil and gas exploration bids with investments of $200 million

Posted: December 3, 2016 at 12:31 pm   /   Oil & Gas

Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the Ministry of Petroleum said on Friday. In May, the Egyptian General Petroleum Corporation (EGPC) announced an international tender for 11 oil and natural gas blocks in the Western Desert and Gulf of Suez as Egypt […]

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