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Tag: Kuwait Energy
Abu Sennan

Rockhopper Exploration commences Abu Sennan drilling campaign

Posted: April 26, 2017 at 1:05 pm   /   Oil & Gas

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce the commencement of the 2017 drilling campaign on the Abu Sennan Concession in Egypt in which the Company has a 22% working interest. Exploration well Al Jahraa SE-2X, situated on […]

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Rockhopper Exploration to launch Egypt program

Posted: February 8, 2017 at 7:18 pm   /   Oil & Gas

Rockhopper Exploration PLC on Tuesday said it will complete planned drilling work in Egypt before deciding what further work will be undertaken later on this year. Rockhopper holds a 22% interest in the Abu Sennan concession in Egypt, where one exploration well and one development well will be drilled in the first half of 2017, […]

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abusennan

Kuwait Energy farms-out 25% of its interest in Abu Sennan concession to newcomer Global Connect

Posted: January 18, 2017 at 4:44 pm   /   Oil & Gas

Kuwait Energy plc is pleased to announce the signing of a Farm-Out Agreement (FOA) for 25% participating interest in the Abu Sennan concession from its share, to Global Connect Limited; a recently established E&P Company with a focus on MENA region. The FOA was signed in Egypt on Thursday 15 December 2016 and it is […]

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Egypt cuts energy deal with Kuwait Energy amid strains with Saudis

Posted: November 4, 2016 at 2:23 pm   /   Oil & Gas

Egypt, looking elsewhere to fill its energy needs amid a row with Saudi Arabia, signed an agreement with a Kuwaiti firm that will give Cairo a 20 percent stake in an Iraqi oil field. Kuwait Energy Plc signed an agreement with Egypt General Petroleum Corporation (EGPC) for a 20 percent participating interest for the Siba […]

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El Molla in talks with Iraqi Prime Minister for cooperation in drilling activities

Posted: October 31, 2016 at 3:09 pm   /   Oil & Gas

Oil minister Tarek El Molla discussed with Iraqi Prime Minister Haider Al Abadi opportunities to cooperate in the oil sector during his visit to Baghdad, Al Shorouk reported. EGPC signed a partnership agreement with Kuwait Energy for developing Seba natural gas field in Iraq last week, granting 20% of the field to EGPC. Talks also […]

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EGPC signs partnership agreement with Kuwait Energy for 15% of Iraq’s Seba gas field

Posted: October 27, 2016 at 2:08 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) has signed a partnership agreement with Kuwait Energy for the Seba gas field located in southeast Basra, Iraq. The agreement stipulates that EGPC owns 15% of this field. The project is considered the second partnership agreement between EGPC and Kuwait Energy, the first partnership being the Fayhaa petroleum field […]

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Kuwait Energy starts production from Egypt's Al-Jahra SE-1X oil well

Posted: September 7, 2016 at 11:54 am   /   Oil & Gas

Kuwait Energy plc (Kuwait Energy) announced on Monday the commencement of production from the Al-Jahra SE-1X exploration well in the Abu Sennan concession located in Egypt’s Western Desert. After discovery of the well on 27 July 2016, Kuwait Energy obtained the development lease from the Egyptian Petroleum Corporation (EGPC) for Al-Jahra SE-1X on 24 August […]

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Rockhopper completes acquisition of Beach's production and exploration assets in Egypt

Posted: August 16, 2016 at 9:13 pm   /   Oil & Gas

AIM-listed Rockhopper Exploration has completed the acquisition of Beach Petroleum (Egypt) announced on 18 April 2016. Beach Egypt holds a 22% interest in the Abu Sennan concession and a 25% interest in the El Qa’a Plain concession. Highlights • Cash consideration for the Acquisition of US$11.9 million based on a cash effective date of 1 […]

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Five IOCs interested in acquiring Circle Oil's investments in Egypt

Posted: July 24, 2016 at 1:56 pm   /   Oil & Gas

Companies including BP, Kuwait Energy, and Rockhopper are vying to acquire Circle Oil’s NW Gemsa stake. Circle Oil is looking to sell its 40% stake of Petro Amir’s concession in the Gulf of Suez, Al Mal reported. A source told Al Mal Circle Oil is owed USD 10-12 mn from EGPC, which it recently called […]

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Kuwait Energy drills successful exploration well in Egypt's Abu Sennan Concession

Posted: July 6, 2016 at 2:51 pm   /   Oil & Gas

Joint Venture partner Beach Energy reports that the Kuwait Energy-operated Al Jahraa SE-1X oil exploration well in the Abu Sennan Concession onshore Egypt is currently being tested, having intersected approx. 16.4 metres of net pay within the target Abu Roash ‘C’ Member, secondary Abu Roash ‘E’ Member and secondary Upper Bahariya Formation. The well is […]

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