Newsletter subscribe
Tag: Onshore
abusennan

Kuwait Energy Egypt completes Abu Sennan ASH-3 development well

Posted: February 15, 2021 at 11:14 pm   /   Oil & Gas

Kuwait Energy Egypt finished drilling the ASH-3 development well in ASH field in the Abu Sennan concession, onshore Egypt, said partner United Oil & Gas PLC in a Feb. 15 release. ASH-3 spudded on Jan. 4 and reached 4,087 m MD TD (3,918m TVDSS) on Feb. 8, 5 days ahead of schedule and under budget. […]

No Comments read more
Dana Gas

Dana Gas says Egypt asset sale didn’t do its earnings any favors

Posted: February 15, 2021 at 11:11 pm   /   Oil & Gas

Dana Gas points to Egypt asset sale for its 2020 losses: Abu Dhabi-listed energy producer Dana Gas reported a net loss of USD 376 mn in 2020, compared to a net profit of USD 157 mn the year before, according to an earnings release. The Emirati firm attributed the bulk of the losses to Egypt, […]

No Comments read more
Tarek El Molla

Egypt poised to launch new Oil & Gas Licensing Round – Upstream Online

Posted: February 10, 2021 at 2:25 pm   /   Oil & Gas

Offshore and onshore acreage set to go up for grabs in latest bid exercise: Egypt is expected to soon launch a new exploration bid round, offering additional onshore and offshore oil and gas tracts across the country. (Source: Upstream Online)

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
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
Horus eFTG

AustinBridgeporth: Egypt’s Buried Secrets – The Horus-1 eFTG Survey

Posted: October 17, 2020 at 7:39 pm   /   Oil & Gas

By Mark Davies, and Gary Barnes, AustinBridgeporth (GEO ExPro October 2020 Issue) The first outing of the world’s most sophisticated airborne gravity gradiometer has already yielded fascinating insights into the unexplored Egyptian subsurface. In today’s rich smörgåsbord of exploration technology, we rarely get to witness a significant leap forward in instrumentation advancement. Nonetheless, this is […]

No Comments read more
prosource-egas

Schlumberger: EGAS centralizes, increases access to 25 TB of data

Posted: October 5, 2020 at 10:36 pm   /   Oil & Gas

Schlumberger Case Study: ProSource E&P data management and delivery system enhances data security, digitization, and accessibility. Challenge: Decrease time-consuming activities in data preparation for internal use and license rounds data sales and review. Solution: Implement ProSource E&P data management and delivery system to provide a single, secure database for 25 TB of E&P data to […]

No Comments read more
SW Meleiha

Eni announces new oil discovery at SW Meleiha, in Egypt’s Western Desert

Posted: July 28, 2020 at 3:17 pm   /   Oil & Gas

Eni announces the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess of 12,000 bopd. Eni announces the successful drilling of the SWM-A-6X well, in the South West […]

No Comments read more
shell

Carlyle, Cairn-backed group, Dragon Oil in running to acquire Shell Egypt onshore assets

Posted: July 16, 2020 at 2:47 pm   /   Oil & Gas

Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell’s onshore assets in Egypt, Reuters reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included Cheiron and Pharos Energy, until Pharos withdrew […]

No Comments read more
Egypt-NW-Gemsa-SDX

SDX sells its 50% share in North West Gemsa License to Gulf Energy for $3m

Posted: July 15, 2020 at 11:46 am   /   Oil & Gas

SDX Energy announces sale of non-core Egyptian asset AIM-listed SDX Energy, the MENA-focused oil and gas company, has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt. The purchaser, Gulf Energy, a private Egyptian oil and gas company, has paid US$3.0 million in consideration for […]

No Comments read more