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Tag: West Mediterranean
West Med

Egypt to directly award West Mediterranean O&G exploration rights

Posted: January 20, 2020 at 4:08 pm   /   Oil & Gas

Egypt will directly award contracts for oil and gas exploration blocks in the Western Mediterranean to companies equipped to drill in deep water, Oil Minister Tarek El Molla told CNBC Arabia. The government plans to offer some concessions through bid rounds, but the priority is to select companies with advanced technology to drill in the […]

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West Med

EGAS upcoming Bid Round will include 11 Blocks in Egypt’s West Mediterranean

Posted: October 20, 2019 at 5:05 pm   /   Oil & Gas

The EGAS upcoming Bid Round will include 11 Blocks in Egypt’s Western Mediterranean. Dr. Samir Rasslan, EGAS vice Chairman for Agreements & Explorations announced on the last day of MOC, that the Egyptian Natural Gas Holding Company (EGAS) will invite Petroleum Exploration Companies for 2020 International Bid Round to explore/exploit for Gas and Crude Oil […]

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Total

Total considers expanding exploration in West Mediterranean, Red Sea

Posted: June 16, 2019 at 1:23 pm   /   Oil & Gas

French energy giant Total is considering bidding for new oil and gas exploration concessions in Egypt’s Mediterranean and Red Sea territories, chairman and CEO Patrick Pouyanne told Oil Minister Tarek El Molla in a meeting yesterday, Al Shorouk reports. The company is also looking at increasing investments in expanding fuel stations and fuel transportation. (Source: Enterprise.press)

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West Med

Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020

Posted: May 30, 2019 at 12:15 pm   /   Oil & Gas

EGAS plans fresh WestMed gas exploration tender: The Egyptian Natural Gas Holding Company (EGAS) plans to put some 11 natural gas exploration blocks in the western Mediterranean up for auction by 1Q2020, a source from the company told Al Shorouk. EGAS has finalized studies and seismic scans, and is waiting for the Oil Ministry to […]

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West Med

Egypt planning for new exploration bid rounds in West Mediterranean, Red Sea

Posted: August 1, 2018 at 1:53 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Tarek el-Molla announced on Tuesday that the ministry is looking to increase investment opportunities in the field of oil and gas exploration, through offering tenders on new exploratory areas in the Red Sea and West of the Mediterranean. Molla asserted during a work meeting on attracting the investments that […]

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West Med PGS

PGS gathering seismic data for Egypt’s West Mediterranean Bid Round in 2019

Posted: June 11, 2018 at 2:34 pm   /   Oil & Gas

PGS to gather seismic data for Egyptian frontier licensing round. Oslo-listed player to acquire 2D and 3D data in West Mediterranean ahead of licensing exercise. Oslo-listed Petroleum Geo-Services (PGS) is set to acquire further seismic data off Egypt’s Western Desert this year in preparation for a planned West Mediterranean frontier licensing round. According to geophysician […]

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West Med

Egypt preparing to launch new oil & gas bid round in West Mediterranean

Posted: April 30, 2018 at 5:55 pm   /   Oil & Gas

Egypt is gearing up to launch a round of tenders for oil and gas exploration in waters west of the Nile Delta and through to the border with Libya, Oil Minister Tarek El Molla said at an AmCham event yesterday, Ahram Gate reports. The minister did not get into specifics on the timeline or size […]

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ExxonMobil delegation in Egypt to discuss possible oil and gas projects

Posted: November 5, 2017 at 12:50 pm   /   Oil & Gas

A delegation from ExxonMobil reportedly arrived in Egypt to discuss possible oil and gas projects within the next 5-7 years, an Oil Ministry source says, Youm7 reports. The delegation met with officials from the EGPC, EGAS, and the Ganoub El Wadi Petroleum Holding Company (Ganope). The company is reportedly particularly interested in exploration projects in […]

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EGAS to issue new oil & gas exploration tenders in 2018

Posted: October 9, 2017 at 1:20 pm   /   Oil & Gas

EGAS plans to issue new oil and gas exploration tenders in 2018, an unnamed company official tells Al Shorouk. It was reported last month that EGAS was planning to issue global tenders for the West Mediterranean concession once Norwegian firm PGS releases the results of its seismic survey for the area before the end of […]

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Petroleum Ministry announces production timetable for key concessions including Zohr

Posted: September 24, 2017 at 1:16 pm   /   Oil & Gas

Egypt’s supergiant gas field Zohr will be producing 500 million cubic feet (mmcf) a day by the end of 2017, Prime Minister Sherif Ismail said on Saturday, according to ETEnergyworld. Separately, Oil Minister Tarek El Molla also said that the North Alexandria concession will begin producing between 500 and 700 mmcf of gas per day […]

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