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Tag: Gulf of Suez

Ganope to award two IOCs E&P blocks in Western Desert, will announce Bid Round results by end of month

Posted: July 11, 2017 at 3:15 pm   /   Oil & Gas

Ganoub El Wadi Petroleum Holding Company (Ganope) will award two international companies oil and gas E&P projects in the Western Desert, an unnamed Ganope source tells Al Borsa. Ganope will announce the winners of the tender for 10 blocks in the Western Desert and Gulf of Suez in two weeks’ time, according to the source. […]

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SDX

SDX Energy announces Egypt operational update

Posted: July 5, 2017 at 4:52 pm   /   Oil & Gas

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to provide an operational update for Egypt. South Disouq (55% Operated working interest) Following the successful drilling of the SD-1X exploration well and resulting natural gas discovery at South Disouq, a Resources Update was prepared on behalf of SDX […]

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Mediterra Energy raises production by 17% from Sinai fields

Posted: July 4, 2017 at 2:55 pm   /   Oil & Gas

The Egyptian minister of petroleum and mineral resources Tarek El Molla said that oil production in Sinai fields increased from 1,200 to 1,400 barrels per day since July 2016. These fields include Ras Sudr, Asl, and Matarma, and they are all located on the eastern side of the Gulf of Suez. Tarek El Molla added […]

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ADES awarded series of Gulf of Suez drilling contracts by Eni

Posted: July 4, 2017 at 1:48 pm   /   Oil & Gas

Drilling and production services provider ADES International Holding Ltd said Monday it has made a series of contract agreements despite a period of oil price decline. The first contract is a new one awarded by Belayim Petroleum Co (Petrobel), a joint venture between Egyptian General Petroleum Corp (EGPC) and ENI IEOC, a subsidiary of Italian […]

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Five companies prequalify for Gulf of Suez wind farm tender

Posted: July 3, 2017 at 1:39 pm   /   Renewables

Five companies have reportedly entered the race for the New and Renewable Energy Authority (NREA)’s 250 MW wind farm project in the Gulf of Suez, Al Borsa reports. Among the bidders are Vestas, Siemens, Enercon, Ray Power, and a consortium comprised of Power China and Goldenwind. 21 companies, including Lekela Power, Nordic Power, and Orascom […]

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IPR continues exploration program in Egypt

Posted: June 6, 2017 at 4:38 pm   /   Oil & Gas

Irving, Tex., independent IPR Inc. reported continued drilling success and a series of Western Desert and Nile Delta, Egypt, discoveries through this year’s first 5 months. IPR’s calendar year drilling program in Egypt budgeted for the drilling of 23 wells, making 2017 one of the most active years operationally for IPR since its 1993 acquisition […]

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Aquaterraea Swift

Aquaterra, PICO deliver new platform for Amal field offshore Egypt

Posted: June 5, 2017 at 10:07 pm   /   Oil & Gas

Aquaterra Energy has supplied and installed a new Sea Swift platform at the Amal field in the Gulf of Suez offshore Egypt. The client was PICO Petroleum Integrated Services, lead contractor for Amal Petroleum Co.’s (AMAPETCO) Amal field development. The Sea Swift is a conductor supported platform (CSP) installed in 23 m (75 ft) of […]

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IPR

IPR Energy Group announces its third discovery of 2017 in Egypt

Posted: June 5, 2017 at 5:32 pm   /   Oil & Gas

Texas Independent IPR Energy Group (IPR) reports continued drilling success and a series of Western Desert and Nile Delta, Egypt, discoveries through the first five months of the year. IPR’s 2017 calendar year drilling program in Egypt budgeted 23 wells, making this one of the most active years operationally for IPR since its 1993 acquisition […]

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Red Sea

The Red Sea – The Middle East’s Untapped Oil, Gas Region (E&P Mag)

Posted: May 24, 2017 at 10:57 pm   /   Oil & Gas

The Red Sea remains underexplored but one of the world’s most intriguing areas for hydrocarbon exploration compared to the Arabian Gulf, home to Saudi Arabia’s Safaniya and Qatar and Iran’s joint gas field North Field and South Pars. A key difference between the Gulf and the Red Sea is water depth. The Arabian Gulf is […]

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Interview with Dr. Thomas Radwitz – General Manager, DEA Egypt

Posted: May 24, 2017 at 10:24 pm   /   Oil & Gas

Dr. Thomas Radwitz, GM of DEA Egypt, outlines the role of Egypt in DEA’s international portfolio and the company’s growth strategy.   Dr. Radwitz, having previously worked in Egypt for DEA, what were your first impressions of Egypt when you returned as GM for DEA Egypt in February 2016? As it was the third time […]

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