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Tag: Bid Round

Egypt announces EGAS 2022 International Bid Round result with four blocks awarded

Posted: September 26, 2023 at 10:47 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources announced the results of the international bid round by the Egyptian Natural Gas Holding Company (EGAS) for the search and exploration of natural gas and crude oil in the Mediterranean Sea and Nile Delta regions, which closed in mid-July 2023. Four exploration areas were awarded, three of which […]

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Egypt launches 2023 International Oil & Gas Bid Round for 23 Blocks

Posted: September 25, 2023 at 7:15 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources has officially launched The 2023 Egyptian International Bid Round. The Bid Round is being offered by The Egyptian General Petroleum Corporation (EGPC) and South Valley Egyptian Petroleum Holding Company (GANOPE) ncluding 23 open blocks for Exploration in the Western Desert, Eastern Desert, Gulf of Suez and Red Sea. […]

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Egypt launches new bid round for Brownfields in Gulf of Suez, Eastern Desert

Posted: March 3, 2023 at 3:49 pm   /   Oil & Gas

Announcement of 2023 International Bid Round for Brownfields (Gulf of Suez & Eastern Desert) The Egyptian General Petroleum Corporation (EGPC) invites Oil and Gas companies to participate in the 2023 International Bid Round for Brownfields which includes (8) Eight brownfields, (7) Seven of them under the supervision of SUCO (Two Fields) and OSOCO (Five Fields) […]

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Egypt launches new bid round for oil & gas exploration in Mediterranean, Nile Delta

Posted: December 27, 2022 at 12:41 pm   /   Oil & Gas

Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the state news agency reported on Tuesday. The tender was set for 12 blocks, split evenly between onshore and offshore, and the deadline for offers in the bid round was set for April 30, 2023, […]

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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 saying during a press conference yesterday. No further details were disclosed on the upcoming tender. The Oil Ministry kicked off […]

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PGS Egypt

PGS’ MultiClient seismic reveals multiple opportunities offshore Egypt in 2021 licensing round

Posted: May 12, 2021 at 2:14 pm   /   Oil & Gas

PGS has 3,400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round. This much-anticipated round extends exploration opportunities in one of Africa’s most prolific petroleum provinces. Prospectivity of the Area The Ministry of Petroleum recently announced an Egypt Offshore Licensing Round in a highly prospective area […]

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2021 BidRound Map

Egypt launches O&G Bid Round for 24 blocks on new EUG digital platform

Posted: February 18, 2021 at 6:48 pm   /   Oil & Gas

Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks. The round, which concludes on Aug. 1, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez, an oil ministry source told Reuters. Egypt […]

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Tarek El Molla

Egypt poised to launch new Oil & Gas Licensing Round – Upstream Online

Posted: February 10, 2021 at 2:25 pm   /   Oil & Gas

Offshore and onshore acreage set to go up for grabs in latest bid exercise: Egypt is expected to soon launch a new exploration bid round, offering additional onshore and offshore oil and gas tracts across the country. (Source: Upstream Online)

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Gulf Intelligence

El Molla: New Oil & Gas exploration tenders coming soon

Posted: January 31, 2021 at 2:10 pm   /   Oil & Gas

Energy companies will get a chance to get their hands on new onshore and offshore exploration blocks within two weeks, when state-owned EGPC and EGAS will launch a new oil and gas exploration tender, Oil Minister Tarek El Molla told Gulf Intelligence. The tender will include offshore blocks in the Mediterranean and Nile Delta, as […]

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Chevron to be awarded two blocks in Egypt’s Western Mediterranean – MEES

Posted: January 21, 2020 at 4:09 pm   /   Oil & Gas

Chevron To Bag Egypt West Med Blocks As Bidding Canned: MEES learns that Egypt’s oil ministry has cancelled plans to launch a bid round for eight ‘West Med’ blocks. Twelve months on from first announcing the imminent launch of a bid round for eight Western Mediterranean offshore blocks, MEES learns that Cairo has decided it […]

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