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Tag: Bid Round

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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Apache bids for new oil and gas exploration zones in the Western Desert

Posted: November 16, 2016 at 6:29 pm   /   Oil & Gas

Apache is bidding new E&P concessions in the Western Desert, Al Borsa reports. As noted in August, the 11 blocks offered by the Oil Ministry back in May received an unimpressive turnout. (Source: Enterprise.press)

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Shell, BP bidding for three E&P blocks in Western Desert and Gulf of Suez

Posted: October 4, 2016 at 3:26 pm   /   Oil & Gas

Royal Dutch Shell and BP are reportedly competing for E&P licenses in three blocks in the Western Desert and the Gulf of Suez as part of a tender by the EGPC, an unnamed source told Al Mal. Shell has reportedly already sent offers for two blocks in the Western Desert, while BP is bidding for […]

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Four companies expressed interest in exploration blocks tendered by EGPC

Posted: August 3, 2016 at 12:33 pm   /   Oil & Gas

Four companies have expressed interest in the 11 E&P projects in the Gulf of Suez and the Western Desert tendered by EGPC earlier this year, including US firms Apache Crop, Eos Petro, Greece’s Aegean Oil, and a Chilean company, sources at EGPC told Al Mal. The authority has not received bids from any of the […]

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Ganope launches International Bid Round for oil and gas exploration in Western Desert and Gulf of Suez

Posted: August 1, 2016 at 1:57 pm   /   Oil & Gas

Egypt’s state-owned Ganoub El-Wadi Petroleum Holding Company (Ganope) issued a new international tender for oil and gas drilling and exploration in 10 sectors in the southern areas of the Western Desert and Gulf of Suez. Egyptian oil minister Tarek El-Molla stated Sunday that the bid includes five areas notably in West Gabal El Zeit, South […]

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