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Tag: Bid Round
EGAS 2018 Bid Round

EGAS announces extension of closing date for 2018 Bid Round

Posted: August 11, 2018 at 8:55 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) announces the Change of the closing date of its 2018 International Bid Round for 16 blocks. The closing date is extended from Monday 8th of October, 2018 to Thursday 29th of November, 2018. (Source: EGAS)

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West Med

Egypt planning for new exploration bid rounds in West Mediterranean, Red Sea

Posted: August 1, 2018 at 1:53 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Tarek el-Molla announced on Tuesday that the ministry is looking to increase investment opportunities in the field of oil and gas exploration, through offering tenders on new exploratory areas in the Red Sea and West of the Mediterranean. Molla asserted during a work meeting on attracting the investments that […]

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West Med PGS

PGS gathering seismic data for Egypt’s West Mediterranean Bid Round in 2019

Posted: June 11, 2018 at 2:34 pm   /   Oil & Gas

PGS to gather seismic data for Egyptian frontier licensing round. Oslo-listed player to acquire 2D and 3D data in West Mediterranean ahead of licensing exercise. Oslo-listed Petroleum Geo-Services (PGS) is set to acquire further seismic data off Egypt’s Western Desert this year in preparation for a planned West Mediterranean frontier licensing round. According to geophysician […]

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EGAS BR 2018

EGAS offers 16 Mediterranean & Nile Delta blocks in oil & gas bid round

Posted: May 22, 2018 at 5:10 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) launched the 2018 bid round for oil & gas exploration on 16 concession areas: 13 blocks in the Mediterranean Sea and three concessions in the onshore Nile Delta region. The Egyptian Ministry of Petroleum announced in an Al Ahram newspaper advertisement that the deadline for receiving bids for […]

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EGPC-BR-2018

EGPC launches 2018 oil & gas exploration bid round for 11 blocks

Posted: May 22, 2018 at 5:08 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) launched the 2018 bid round for oil & gas exploration on 11 blocks: Five in the Western Desert, two in the onshore Nile Delta region, one in the Eastern Desert, and three in the Gulf of Suez (both onshore & offshore). The Egyptian Ministry of Petroleum announced in an […]

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MOP

Egypt to offer 27 concessions in 2 bid rounds for oil & gas exploration

Posted: May 21, 2018 at 2:14 pm   /   Oil & Gas

Egypt will launch two international bid rounds for oil and gas exploration in 2018, the petroleum ministry said in a statement on Monday. One bid round will cover 16 concession areas, mostly in the Mediterranean Sea, under state buyer EGAS, in its largest ever bid round. The other auction will cover 11 concession areas under […]

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West Med

Egypt preparing to launch new oil & gas bid round in West Mediterranean

Posted: April 30, 2018 at 5:55 pm   /   Oil & Gas

Egypt is gearing up to launch a round of tenders for oil and gas exploration in waters west of the Nile Delta and through to the border with Libya, Oil Minister Tarek El Molla said at an AmCham event yesterday, Ahram Gate reports. The minister did not get into specifics on the timeline or size […]

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Mubadala

UAE’s Mubadala prepares for its debut in Egypt’s Oil & Gas market

Posted: April 26, 2018 at 5:00 pm   /   Oil & Gas

UAE’s Mubadala looking to acquire 10% Zohr stake next month as it prepares to enter Egyptian market: The Abu Dhabi-based Mubadala Petroleum is expected to sign next month the final contracts for its acquisition of a 10% stake in the Zohr gas field from Italy’s Eni, Oil Minister Tarek El Molla said yesterday, Al Shorouk […]

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Egypt to tender 10 or 11 Mediterranean concessions for oil and gas exploration

Posted: April 18, 2018 at 2:19 pm   /   Oil & Gas

Egypt will auction 10 or 11 oil and gas exploration blocks in the Mediterranean, petroleum minister Tarek El Molla said on Tuesday. Egypt also aims to auction oil and gas drilling in the Red Sea by the end of 2018, Molla told a news conference. Egypt plans to speed up production from recently discovered fields, […]

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EGAS to launch bid round for gas exploration in 9 areas in Q2 2018

Posted: April 3, 2018 at 4:12 pm   /   Oil & Gas

The company obtained security approvals for the bidding process, and will include six marine and three land areas. The Egyptian Natural Gas Holding Company (EGAS) intends to put forward bids for nine natural gas land and offshore exploration concession areas in the second quarter (Q2) of this year, according to an official source at the […]

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