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Tag: Upstream
Energean

Energean to increase natgas production through new Mediterranean wells

Posted: December 15, 2021 at 7:26 pm   /   Oil & Gas

Energean expects to increase natgas production through new Mediterranean wells: The Greek energy firm sees new discoveries in its North Idku and North Amriya concessions adding 150 mn cubic feet of gas per day, according to a cabinet statement. The news came as Energean CEO Mathios Rigas discussed the company’s recent exploration activities in Egypt with Oil Minister Tarek El […]

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QatarEnergy-Shell-Egypt

Shell Egypt farms out 17% of two Red Sea offshore blocks to QatarEnergy

Posted: December 13, 2021 at 8:31 pm   /   Oil & Gas

QatarEnergy teams up with Shell on two blocks offshore Egypt: Deal marks entry of Qatari giant into Egypt’s lucrative exploration sector. QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two exploration blocks offshore Egypt in the Red Sea. Under the terms of the agreements, which are subject to customary approvals […]

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Shell

Shell Egypt completes sale of Western Desert assets to Cheiron Petroleum, Cairn Energy

Posted: September 24, 2021 at 2:15 pm   /   Oil & Gas

Shell Egypt and Shell Austria, subsidiaries of Royal Dutch Shell, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corp and Cairn Energy for a base consideration of US$ 646 million and additional payments of up to US$ 280 million between 2021 and 2024, contingent on the oil price and the […]

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Pharos Energy

Pharos Energy to farm out interest in El Fayum, North Beni Suef Concessions to IPR

Posted: September 15, 2021 at 12:05 pm   /   Oil & Gas

Pharos Energy has announced that the Pharos Group has entered into conditional agreements for the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El Fayum and North Beni Suef Concessions to IPR Lake Qarun Petroleum, a wholly owned subsidiary of IPR Energy. The consideration implies a gross (100%) value of up to US$115 million for the Assets and consists […]

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Cairn Energy

Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month

Posted: September 8, 2021 at 1:45 pm   /   Oil & Gas

Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt’s onshore oil and gas assets by the end of September, Cairn said yesterday. The joint acquisition, which will see the assets split 50-50 between the UK-listed company and leading Egyptian […]

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Frontier-Africa-E&P-2021

Opportunities for Governments at Africa E&P Summit

Posted: September 1, 2021 at 9:31 pm   /   Oil & Gas

Frontier would like to extend an invitation to Governments and National Oil Companies to take advantage of upcoming Africa E&P Summit – Africa’s Premier Global Oil, Gas & Energy Conference in London & Online taking place on the 22nd and 23rd September 2021 and to let you know of various opportunities and platforms available for Governments at […]

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TotalEnergies

TotalEnergies Takes Leading Position at Africa E&P Summit

Posted: September 1, 2021 at 9:24 pm   /   Oil & Gas

Frontier and TotalEnergies are pleased to announce that TotalEnergies will take a leading position at the upcoming Africa E&P Summit – Africa’s Premier Global Oil, Gas & Energy Conference set to take place on the 22nd and 23rd September in London & Online.By partnering with Frontier, TotalEnergies is showing leadership in the African oil, gas & energy industry […]

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Africa-Summit-Speaker-Banner

First Governments & Speakers Announced for Africa E&P Summit

Posted: July 27, 2021 at 7:35 pm   /   Oil & Gas

The first governments and speakers have been announced for the Africa E&P Summit taking place on the 22nd and 23rd September in London & Online. Africa’s upstream community will gather with a focus on ‘back to business’ and the stage is set for a high-level meeting of governments, NOC’s and companies that have a united interest in the development and progression […]

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Frontier-Africa-E&P-2021

Africa E&P Summit and Exhibition Prepares to Convene Industry Leaders to Address Key Pillars For Progress on Africa’s Energy Future

Posted: June 9, 2021 at 2:02 pm   /   Oil & Gas

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 […]

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IPR

IPR Wastani taking Dana Gas to arbitration over cancelled Egypt deal

Posted: April 28, 2021 at 9:20 pm   /   Oil & Gas

IPR Wastani seeks arbitration for cancelled sale of Dana Gas’ Egypt assets: IPR Wastani Petroleum is filing for arbitration after the UAE’s Dana Gas called off the sale of its oil and gas assets in Egypt to the Texas-based IPR Energy Group member, Dana Gas said in a statement cited by Reuters. The request for […]

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