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Tag: Upstream
Edison

Edison has four offers for the sale of its upstream division

Posted: March 10, 2019 at 12:11 am   /   Oil & Gas

Four offers are on the table for the upstream oil and gas assets of Edison from Cairn Energy, Energean, Neptune Energy and the group that will be formed from the merger of DEA and Wintershall, Il Sole 24 Ore said. (Source: Reuters)

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DEA

DEA awarded new exploration licence in the Nile Delta Onshore Egypt

Posted: February 13, 2019 at 3:03 am   /   Oil & Gas

German upstream company is back to exploration in Egypt! The Egyptian Natural Gas Holding Company (EGAS) has awarded one new licence to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 square kilometres and is located west of the Disouq development leases, where DEA is […]

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Halliburton

El-Molla, Halliburton discuss cooperation on oil & gas marketing platform

Posted: August 5, 2018 at 8:57 pm   /   Oil & Gas

Oil Minister Tarek El Molla met with Halliburton’s President of Eastern Hemisphere Joe Rainey to discuss cooperation in setting up an electronic platform for marketing available concessions for oil and gas exploration and production, under two agreements signed back in April. Minister of Oil Tarek el-Molla on Thursday discussed co-operation over petroleum projects with Joe […]

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WoodMackenzie Egypt Gas

Wood Mackenzie: Egypt’s astonishing gas renaissance

Posted: April 30, 2018 at 5:52 pm   /   Oil & Gas

Lessons in attracting upstream investment capital. By Simon Flowers – Chairman and Chief Analyst. Not long ago, Egypt’s gas industry was in crisis. Production fell by a third in the three years to 2015. A top ten LNG exporter in the prior decade, the country had, by then, become a top ten importer. Nearly all […]

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Mediterranean Upstream & Midstream Summit: Oil & Gas Giants meet in Athens for first time

Posted: March 11, 2018 at 9:02 pm   /   Oil & Gas

IN-VR Oil & Gas ​is pleased to announce the ​Official ​Mediterranean Upstream & Midstream Petroleum Summit, 7-8 May 2018​ taking place in​ Athens, Greece ​from ​7th to 8th May 2018​. For the first time ever the ​CEO of ​Egypt Petroleum Corporation (EGPC) and the President of Lebanese Petroleum Administration (LPA), the President ​of the ​Hellenic […]

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Baker Hughes signs deal for online portal marketing Egypt’s upstream opportunities

Posted: February 15, 2018 at 5:06 pm   /   Oil & Gas

The Egyptian Petroleum Ministry on Tuesday signed an agreement with Baker Hughes, a GE company, to establish an online portal to promote Egypt’s oil and gas exploration zones in a bid to attract foreign investments, Al-Ahram Arabic website reported. As part of the Egypt Portal project, a digital investment map for concession areas in Egypt […]

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Egypt is “great for BP”, CEO Bob Dudley says in CNBC interview

Posted: February 15, 2018 at 4:23 pm   /   Oil & Gas

Following are excerpts from a CNBC interview with the BP CEO Bob Dudley and CNBC’s Steve Sedgewick. SS: Thank you very much indeed for your time. We talked about the excellent return in the form of your numbers last week as well let’s talk about how operationally the business is going on- you’re here in […]

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Egypt is the site of two of BP's major projects in 2018

Posted: February 4, 2018 at 4:32 pm   /   Oil & Gas

BP released its list of major upstream projects it will deliver this year, following its successful start up of seven major projects in 2017. Of the five listed for 2018, two are located in North Africa, specifically in Egypt. David O’Connor, head of the global projects organization and the man responsible for developments was asked […]

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In a word: BP's major projects for 2018 in Egypt (BP Magazine)

Posted: January 26, 2018 at 7:54 pm   /   Oil & Gas

This year, BP is set to deliver two upstream major projects in Egypt, following on from two successful start-ups in 2017. BP Magazine asks the leader responsible for all the developments – David O’Connor, head of the global projects organization – to describe each one in a single adjective. ‘Stunning’ – Atoll Phase 1 Fact […]

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ExxonMobil eyes Egypt's offshore oil and gas sector

Posted: December 4, 2017 at 2:33 pm   /   Oil & Gas

ExxonMobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. Officials from the world’s largest listed oil producer recently held talks with Egypt’s petroleum ministry to discuss investments in oil and gas production, known as upstream operations, […]

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