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Tag: Onshore
Eni

Eni merges two Western Desert concessions into new Merged Meleiha concession

Posted: June 16, 2021 at 12:47 pm   /   Oil & Gas

Eni signs for the merging of Meleiha and Meleiha Deep concessions into a new concession called Merged Meleiha in Western Desert Egypt: The agreement will unlock considerable resources while will allow to further exploit region’s gas reserves, strengthening Eni’s role as the largest gas producer in Egypt. Eni has signed an agreement with the Arab […]

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Dana Gas

Sale talks over Dana Gas’ Egypt assets to IPR Wastani break down

Posted: April 26, 2021 at 11:35 am   /   Oil & Gas

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 […]

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Wintershall Dea East Damanhour

Wintershall Dea signs joint exploration agreement with Cheiron, INA for East Damanhour, Egypt

Posted: March 9, 2021 at 2:29 pm   /   Oil & Gas

Wintershall Dea signs agreement with Cheiron and INA for joint exploration rights at East Damanhour, Egypt The Egyptian Minister of Petroleum and Mineral Resources, H.E. Eng. Tarek El Molla, has approved a deed of assignment agreement signed between Wintershall Dea, Cheiron and INA to jointly explore the East Damanhour onshore Exploration block in Egypt. The […]

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Shell WD Assets

Shell agrees to sell Egypt onshore assets to Cheiron, Cairn for $926m

Posted: March 9, 2021 at 11:51 am   /   Oil & Gas

Shell Egypt RDSa.L has entered into an agreement to sell upstream assets in Egypt’s Western Desert to Cheiron Petroleum Corporation and Cairn Energy Plc for up to $926 million, the company said on Tuesday. The deal includes Shell Egypt’s stake in 13 onshore concessions and its share in the Badr El-Din Petroleum Company (BAPETCO). It […]

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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. […]

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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, […]

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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)

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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 […]

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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 […]

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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 […]

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