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Tag: Exploration & Production
Karim Badawi

Schlumberger: Accelerating Energy Discovery and Investment Growth in Egypt

Posted: March 27, 2021 at 12:11 pm   /   Oil & Gas

Discussion about an innovative national project for the digitalization of Egypt’s subsurface information The Egyptian government has a strategic plan for modernizing its petroleum sector. For several years, the country has been working toward becoming more agile, integrated, and efficient while laying the groundwork to become a strategic energy hub for the region. To this […]

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Shell WD Assets

Shell agrees to sell Egypt onshore assets to Cheiron, Cairn for $926m

Posted: March 9, 2021 at 11:51 am   /   Oil & Gas

Shell Egypt RDSa.L has entered into an agreement to sell upstream assets in Egypt’s Western Desert to Cheiron Petroleum Corporation and Cairn Energy Plc for up to $926 million, the company said on Tuesday. The deal includes Shell Egypt’s stake in 13 onshore concessions and its share in the Badr El-Din Petroleum Company (BAPETCO). It […]

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mario mehren

Wintershall Dea APC: A challenging year. A strong performance.

Posted: February 27, 2021 at 7:16 pm   /   Oil & Gas

2020 was a challenging year. Wintershall Dea ended it with a strong operational dynamic in the fourth quarter and is well-positioned for the future. All the background information, reports and media about this year’s Annual Press Conference (APC) 2021. “2020 was undoubtedly a difficult year for everybody and I’m proud of the way that Wintershall […]

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Wintershall DEA

Wintershall Dea FY 2020: Strong performance despite difficult environment

Posted: February 24, 2021 at 4:45 pm   /   Oil & Gas

In a challenging market environment, Wintershall Dea ended the 2020 fiscal year with strong operational momentum in the fourth quarter. In the fourth quarter of 2020, Europe’s leading independent gas and oil company increased its production to more than 650,000 barrels of oil equivalent per day (boe/d) – the highest level so far since the […]

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EUG

Ministry of Petroleum, Schlumberger launch Egypt Upstream Gateway

Posted: February 18, 2021 at 12:20 pm   /   Oil & Gas

Innovative national digitalization project to promote Egypt’s exploration and production potential worldwide The Egyptian Ministry of Petroleum and Schlumberger announced today the launch of the Egypt Upstream Gateway, an innovative national project for the digitalization of subsurface information. This digital platform will also enable global access to the country’s subsurface data, which is kept evergreen […]

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exxon-mobil-chevron-ceos-discussed-merger-reports

Hart Energy: ExxonMobil, Chevron CEOs reportedly discussed a merger last year

Posted: February 1, 2021 at 1:36 pm   /   Oil & Gas

If true, the combination of Exxon Mobil and Chevron would form the world’s second largest oil company by market cap and production, second in both measures to Saudi Aramco. The CEOs of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the two U.S.-based oil giants, the Wall Street Journal reported Jan. 31 […]

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Pharos

Pharos Energy conducting formal farm-out process for its Egypt assets

Posted: January 13, 2021 at 11:55 am   /   Oil & Gas

Pharos Energy, an oil and gas exploration and production company, has issued the following trading and operations update to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2020. This is in advance of the Company’s Preliminary results. The information contained herein has not been audited […]

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North Africa & Mediterranean E&P Summit showcases future energy potential in the region

Posted: January 12, 2021 at 8:42 pm   /   Oil & Gas

Frontier will host the North Africa and Mediterranean E&P Summit on the 28th January 2021, with the support of sponsors ONHYM, TGS and Core Lab. The Maghreb-Mediterranean oil, gas and energy landscape, through its significant exploration and production plays, acreage leasing, bid rounds, company assets and portfolio growth, oil & gas discoveries, untapped potential and joint venture interests, […]

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Abu-Sennan-Concession

Kuwait Energy Egypt kicks off 2021 Abu Sennan drilling campaign

Posted: January 6, 2021 at 3:17 pm   /   Oil & Gas

Kuwait Energy Egypt has commenced its 2021 drilling campaign with the spudding of the ASH-3 development well in Egypt’s Abu Sennan license on Jan. 4, said partner United Oil & Gas PLC in a Jan. 5 release. ASH-3 is a vertical well targeting the producing Alam El Bueib (AEB) reservoirs at a depth of 3,600-3,950 […]

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offshore

Egypt signs Oil & Gas Exploration Agreements worth $1 billion

Posted: January 3, 2021 at 12:55 pm   /   Oil & Gas

Egypt said it signed new agreements involving investment of about $1 billion to search for oil and natural gas in parts of the Mediterranean and Red Sea. The deals are with six international and local companies including Exxon Mobil Corp. and Chevron Corp., the state-run Middle East News Agency reported Friday, citing a statement from […]

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