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Tag: Eastern Desert
EGPC

EGPC to launch new oil and gas exploration bid round by end of year

Posted: August 22, 2019 at 11:53 am   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) aims to launch an oil and gas exploration tender by the end of this year, to increase the exploration operations in the different concession areas, and boost rates of production, A source in the petroleum sector told Daily News Egypt that EGPC is currently planning the areas to be […]

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TransGlobe Western Desert

TransGlobe starts drilling new well at South Ghazalat concession

Posted: October 25, 2018 at 11:26 am   /   Oil & Gas

TransGlobe Energy announced yesterday that it began drilling for oil at its SGZ 6X exploration well in the South Ghazalat concession in the Western Desert. The company also said that it successfully began production from two wells in West Bakr in the Eastern Desert, with output from each well currently averaging around 800 bpd, exceeding […]

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NW Sitra

TransGlobe’s NW Sitra exploration well in Western Desert disappoints

Posted: September 26, 2018 at 1:50 pm   /   Oil & Gas

TransGlobe Energy has announced an update on its operations in Egypt. Updates Corporate production during the quarter averaged 14.8 MBoepd in July, 13.5 MBoepd in August and 14.4 MBoepd to date in September. Received proceeds of $59 million during the third quarter for cargos lifted in June and July. Drilled and preparing to abandon NW […]

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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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SDX Energy announces oil discovery at West Gharib Concession

Posted: April 24, 2018 at 1:03 pm   /   Oil & Gas

Oil discovery at Rabul 4 Well, West Gharib Concession, Egypt. SDX Energy, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul 4 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The well was drilled to a total […]

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TransGlobe releases Q1-2018 Egypt operations update

Posted: April 18, 2018 at 1:17 pm   /   Oil & Gas

  TransGlobe Energy Corporation provides an operations update, announces its intention to list its common stock on the London Stock Exchange’s AIM market and pending changes to the Board of Directors. Q1 Highlights Company production for Q1-2018 was on plan averaging ~14,366 Boepd (~11,776 Bopd Egypt, ~2,590 Boepd Canada). Drilled a successful oil well at […]

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Kuwait Energy announces oil discovery at Area A in Egypt's Eastern Desert

Posted: February 16, 2018 at 2:29 pm   /   Oil & Gas

Kuwait Energy is pleased to announce an oil discovery in the Area A concession situated in the Eastern Desert, Egypt. The South Kheir-1X (SK-1X) well spud on 11 December 2017 and tested successfully on 28 January 2018 at an initial oil flow rate of 2,452 barrels of oil per day (bopd) from the Hamman Faraun […]

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EGPC to launch new bid round for onshore oil blocks this year – El Molla

Posted: November 14, 2017 at 2:12 pm   /   Oil & Gas

Egypt also on track to start pumping gas from Zohr: Tarek El Molla, Egypt’s oil minister confirmed that production from the giant Zohr offshore gas field is on track to start this year. Egypt’s General Authority for Petroleum (EGPC) plans to open a new bid round for onshore oil blocks, as the North African’s country […]

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TransGlobe gives Q3 2017 Operations Update, says production drops in Egypt over well servicing delays

Posted: October 17, 2017 at 1:14 pm   /   Oil & Gas

TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights: Produced on average ~14.9 MBoepd (~12.2 MBopd Egypt, ~2.6 MBoepd Canada), down from Q2 due to well servicing in Egypt and voluntary shut-in of dry gas in Canada during September. […]

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