Apache CEO meets President Sisi to discuss Company’s Investments and Modernization Efforts in Egypt
CEO of Apache Corporation, John J. Christmann, met with H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, on July 14th, 2021 to discuss business relations between Egypt and the United States of America and Apache’s work with the Ministry of Petroleum and Mineral Resources supporting the ongoing modernization of Egypt’s oil and […]
Deadline for Egypt’s International E&P Bid Round extended till 30 September
The deadline for Egypt’s first international oil and gas E&P tender of 2021 will be on 30 September, Oil Minister Tarek El Molla announced during a panel session organized by the American Chamber of Commerce in Egypt (AmCham Egypt). Several international oil companies had requested that the deadline be extended from the previously announced date […]
Africa E&P Summit and Exhibition Prepares to Convene Industry Leaders to Address Key Pillars For Progress on Africa’s Energy Future
Frontier is delighted to announce that the Africa E&P Summit and Exhibition 2021 taking place as a hybrid event on the 22nd and 23rd September is gathering pace with the industry showing very strong desire and commitment to convene to address key pillars for progress on Africa’s energy future. Gayle Meikle, CEO of Frontier said “The team at Frontier is excited to deliver our flagship […]
Apache moves toward revamp of its contracts in Egypt’s Western Desert
APA Corp. reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corp. in support of the MOP’s efforts to modernize the country’s petroleum sector. The new Production Sharing Contract (PSC) will consolidate most of the concessions in the Western Desert of Egypt operated by APA Corp. […]
Wintershall Dea’s Q1 2021 Results: Record production, strong financial performance
Wintershall Dea, Europe’s leading independent gas and oil company, today reported its first quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “We entered 2021 with a great deal of operating momentum, allowing us to deliver record production of 659 mboe/d in the first quarter. This strong operational performance combined with a more […]
Sale talks over Dana Gas’ Egypt assets to IPR Wastani break down
UAE’s Dana Gas walks back on plans to offload Egypt assets: Abu Dhabi-listed energy producer Dana Gas has canceled plans to sell its Egypt-based onshore oil and gas assets after failing to reach an agreement on certain conditions with would-be buyer IPR Wastani Petroleum, Dana said in a statement. Dana and Wastani, which had both […]
Eni reportedly considering to spin-off West Africa, Middle East assets
Spinning off operations into new joint ventures could help reduce debt and give capital for funding energy transition plans. Italian energy company Eni is reportedly mulling the separation of its oil and gas businesses in West Africa and the Middle East in a move to cut down its debt. The company will look to spin […]
Energean plc announces its 2020 Financial and Operating Results
Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce its audited full-year results for the year ended 31 December 2020 (“FY 2020”). Despite the challenges of 2020, Energean was able to report extraordinary achievements that are going to reinforce the company’s position and open new expansion […]
Artificial Intelligence helps Wintershall Dea Exploration developed with IBM
Company rolls-out Exploration Advisory Tool, a cognitive search engine jointly developed with IBM. Tool speeds up, improves exploration process. Part of Wintershall Dea’s wider investment in digital transformation. Europe’s leading independent gas and oil company Wintershall Dea will strengthen its exploration processes with the roll-out of an artificial intelligence search engine. The Exploration Advisory Tool, […]
Abu Qir AQP extends partnership with GoClean, now recycles 100% of paper, plastic waste
Abu Qir Petroleum extends its collaboration with GoClean, and now recycles 100% of paper, cartons and plastic both onshore and offshore. Abu Qir Petroleum (AQP) Chairman Eng. Abd Elmoez Lila and Energean AQP MD Eng. Aldo Costantini are proud to enhance the current company recycling capacity as an effective plan to help the environment. More […]
