Egypt signs 3 Western Desert oil & gas exploration agreements with Shell, Apex worth $81 million
Royal Dutch Shell, Apex International Energy sign USD 81 mn in exploration agreements: The Oil Ministry signed three oil and gas exploration agreements for 16 new fields in the Western Desert worth at least USD 81.4 mn with Royal Dutch Shell and Apex International Energy, according to Reuters. The ministry said Shell will invest USD […]
El Molla meets Shell Executives, discuss North Um Baraka concession
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell’s Deputy CEO, Samy Iskander, and Shell Egypt’s Vice President & Country Chairman, Gasser Hanter, in the presence of First Undersecretary of the Ministry for Gas and Geological Affairs, Mohamed Mounas, and First Undersecretary of the Ministry for Agreements and Exploration, Ashraf Farag. […]
Details of EGPC Bid Round 2016 announced by the Ministry of Petroleum
Results of the 2016 EGPC International Bid Round, in which 11 blocks were offered for oil and gas exploration in the Western Desert and the Gulf of Suez, were announced by the Ministry of Petroleum in a press release on Friday. The bids are worth a total minimum investment of $200 million, $68.2 million signature […]