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Tag: Concession Agreement
Energean

Energean signs Amendment Agreement for Egypt’s North Idku Concession

Posted: November 29, 2021 at 10:57 am   /   Oil & Gas

Amendment agreement of North Idku concession, issued by Law No. 143 of the year 2021 Energean Egypt Limited and Egyptian General Petroleum Corporation after the consent of his excellency minister of petroleum and mineral resources Eng. Tarel El Molla, signed the second amendment of the concession agreement for petroleum exploration and exploitation in North Idku […]

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Eni

Eni merges two Western Desert concessions into new Merged Meleiha concession

Posted: June 16, 2021 at 12:47 pm   /   Oil & Gas

Eni signs for the merging of Meleiha and Meleiha Deep concessions into a new concession called Merged Meleiha in Western Desert Egypt: The agreement will unlock considerable resources while will allow to further exploit region’s gas reserves, strengthening Eni’s role as the largest gas producer in Egypt. Eni has signed an agreement with the Arab […]

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Fayum

Pharos Energy announces Agreement Amendment for El Fayum Concession

Posted: March 30, 2021 at 2:02 pm   /   Oil & Gas

Pharos Energy receives provisional approval to an amendment of the fiscal terms of its El Fayum Concession in Egypt’s Western Desert. Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporation’s (EGPC) Main Board to an amendment of the fiscal terms of its El Fayum Concession, which is now subject to the approval […]

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Shell

Shell inks two offshore West Mediterranean agreements with Egypt

Posted: March 23, 2021 at 11:36 am   /   Oil & Gas

Shell inks two offshore agreements with Egypt as it shifts focus to marine production: Shell has signed two new oil and gas exploration agreements with the Oil Ministry in the Herodotus Basin deepwater sector off Egypt’s western Mediterranean coastline, the Dutch company’s Egypt office said in a press release. Shell acquired 67% of the 6.8k […]

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Mubadala

Mubadala joining Shell in Egypt’s Red Sea Block 4 exploration

Posted: January 23, 2021 at 8:19 pm   /   Oil & Gas

Egypt’s Minister of Petroleum and Mineral Resources has signed a concession agreement with Mubadala Petroleum for oil and gas exploration activities in Red Sea block 4. The 3,084-sq km (1,191-sq mi) concession, owned by the South Valley Egyptian Petroleum Holding Company (Ganope), was awarded under Egypt’s 2019 Red Sea Licensing Round. Block 4 is in […]

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