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Tag: South Alam El Shawish

Egypt signs 3 contracts with Apache, Merlon for Western Desert oil and gas exploration worth $79 million

Posted: August 26, 2017 at 8:19 pm   /   Oil & Gas

The Minister of Petroleum and Mineral Resources, Tarek al Molla, signed three new agreements for oil and gas exploration in the Western Desert of Egypt with the Egyptian General Petroleum Corporation and the American companies Apache and Merlon, with a minimum investment of about $79 million, a statement from the ministry said on Saturday. The […]

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Apache Executive: Egypt oil production needs 21st century revamp

Posted: February 16, 2017 at 10:48 pm   /   Oil & Gas

Egypt needs to rethink the joint venture model that has governed its onshore oil industry for the past half century as part of wider reforms to the economy, according to James House, senior region vice president for the country’s largest international oil producer, Apache. At the Egypt Petroleum Show EGYPS in Cairo this week, House […]

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2016-bid-round result

Details of EGPC Bid Round 2016 announced by the Ministry of Petroleum

Posted: December 4, 2016 at 2:06 pm   /   Oil & Gas

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 […]

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