Newsletter subscribe
Tag: Exploration & Production
Frontier

North Africa & Mediterranean E&P Summit to discuss future energy potential of region

Posted: November 28, 2020 at 2:03 pm   /   Oil & Gas

The North Africa & Mediterranean E&P Summit scheduled for the 28th January 2021 showcases top-rated keynotes, deep dive sessions, panel tracks and insights from North Africa and the Mediterranean. Giving insight into the region’s oil & energy portfolio with corporate speakers, leading thinkers, policy makers and key governments with worldwide delegations participating from: Algeria, Morocco, […]

No Comments read more
Mohamed Mounes Shahat

Mohamed Mounes joins Neptune Energy as Egypt Managing Director

Posted: November 24, 2020 at 12:34 pm   /   Oil & Gas

Neptune Energy today announced Mohamed Mounes Shahat will join the company in December to take on the role of Egypt Managing Director, based in Cairo. Mounes joins Neptune from Egypt’s Ministry of Petroleum, having most recently held the position of Minister’s Advisor for Gas Affairs. With almost 40 years’ experience, Mounes has a strong technical […]

No Comments read more
Wintershall Dea CEO Mario Mehren

“It can’t just be business as usual” Mario Mehren, Wintershall Dea CEO

Posted: November 23, 2020 at 2:25 pm   /   Oil & Gas

Wintershall Dea shoots for net zero emissions by 2030 German oil and gas producer pledges to cut scope 1 and 2 emissions by end of the decade German independent oil and gas company Wintershall Dea has set targets to become a net zero carbon oil and gas producer by 2030. Wintershall Dea made the announcement […]

No Comments read more
Wintershall Dea

Wintershall Dea sets climate targets: Net Zero Emissions by 2030

Posted: November 23, 2020 at 2:19 pm   /   Oil & Gas

Net zero upstream activities by 2030. Methane intensity of total gas production to be reduced to 0.1 per cent by 2025. Around €400 million investment in energy efficiency, strict emissions management, technology development, portfolio optimization and nature-based mitigation solutions in the next ten years. The world is facing a major challenge: A growing global population and […]

No Comments read more
Wintershall Dea

Wintershall Dea announces its Q3 2020 Results: Building operational, strategic momentum

Posted: November 23, 2020 at 1:53 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its third quarter 2020 results. Mario Mehren, Wintershall Dea Chairman & CEO, says: “While our immediate focus has been on managing the impact of the pandemic, we have continued to deliver on our strategic goals. Ensuring that we continue to supply the energy the […]

No Comments read more
Cabinet-meeting-4-Nov-2020

Egypt’s Cabinet approves three E&P Agreements with Eni, BP, Enpedco

Posted: November 5, 2020 at 12:28 pm   /   Oil & Gas

Three bills that authorize the Oil Ministry to sign oil exploration contracts earned cabinet signoff. IEOC, Eni’s joint venture with the EGPC, and Russian firm Lukoil will explore and develop the Meleiha concession in the Western Desert, while a second contract between the EGPC and BP for the South Ghareb Offshore concession in the Gulf […]

No Comments read more

Egypt’s Upstream Gateway a quantum leap in attracting investments – Molla

Posted: October 29, 2020 at 1:06 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with the Executive Committee of the Egypt’s Upstream Gateway (EUG) project to follow up the progress of implementing the project, which is the first of its kind in the Egyptian petroleum industry. The ministry stated Monday that this comes within the framework of the first program […]

No Comments read more
Dana Gas

Dana Gas sells its Egypt Onshore Producing Assets to IPR Energy

Posted: October 25, 2020 at 12:52 pm   /   Oil & Gas

IPR Energy Group Announces Acquisition of Dana Gas, Nile Delta, Egypt, Assets IPR Energy Group (“IPR”) announced that it has agreed to acquire Dana Gas Egypt onshore Nile Delta assets, transforming IPR into one of Egypt’s leading local independent oil & gas companies. The transaction is subject to customary regulatory approvals and is expected to […]

No Comments read more
Sisi - Eni

President Sisi urges Italy’s Eni to expand its Egypt exploration activities

Posted: October 15, 2020 at 1:17 pm   /   Oil & Gas

Egypt’s president Abdel Fattah El-Sisi met with a delegation from the oil company Eni in Cairo on Monday, 12 October 2020. The president has ordered the petroleum ministry to promote cooperation with the Italian oil company and overcome any obstacles in this regard. Egypt’s President Abdel-Fattah El-Sisi has expressed hope for the expansion of activities […]

No Comments read more
Apache Acreage

Apache can spend up to $900 mn at its Western Desert concessions this year

Posted: October 6, 2020 at 2:02 pm   /   Oil & Gas

US oil and gas producer Apache could spend as much as  USD 900 million at its Western Desert oil concessions this fiscal year if oil prices mount a recovery, Al Mal reports, citing a senior official at the Egyptian General Petroleum Corporation (EGPC). The company spent some USD 840 million in Egypt last fiscal year […]

No Comments read more