Egypt signs $10 mn E&P agreement with Rockhopper, Kuwait Energy, Dover
The Egyptian General Petroleum Corporation EGPC signed a USD 10 million agreement with British Rockhopper Exploration, Kuwait Energy and Canada’s Dover Corporation for oil and gas exploration in the Abu Sennan concession in the Western Desert, according to an Oil Ministry statement on Saturday. The agreement entails the drilling of four wells and includes a […]
IPR executing its largest drilling, operational campaign in Egypt
IPR Drilling Away in Egypt: US independent IPR Energy Group continues to execute its largest drilling and operational campaign since entering the upstream sector in Egypt in 1993, with the drilling of 25 of 40 planned wells during the first half of 2018. According to the company this pace of activity will continue through the balance […]
Eni announces new gas discovery in Egypt’s Western Desert
Eni announces a gas discovery in the Egyptian Obayed concession located in the Egyptian Western Desert. Eni has started the studies to develop these relevant gas reserves that, together with the gas potential of the Melehia Concession, can contribute to increase the country gas production. The discovery well has been drilled on the Faramid South […]
Eni in talks to link Western Desert well with Shell’s Obaiyed gas plant
Eni said to be in talks with Shell to connect Western Desert well with processing plant in Obaiyed Italian oil and gas giant Eni is reportedly in talks with Royal Dutch Shell to begin pumping a daily 23 million cubic feet of gas a well in its Western Desert concession to the company’s processing plant […]
Egypt’s PM, Eni’s CEO discuss future of oil & gas discoveries
PM Mostafa Madbouly and Eni CEO Claudio Descalzi discuss future of oil and gas discoveries in the country. Prime Minister Mostafa Madbouly held a meeting on Tuesday with Eni CEO Claudio Descalzi on the future of oil and gas discoveries in Egypt, state agency MENA reported. During the meeting, Madbouly expressed his appreciation for the […]
Apache to increase its annual exploration investment in Egypt to $1 billion
U.S. corporation Apache announced plans to increase its annual oil and natural gas exploration investment in Egypt to about 1 billion U.S. dollars, the Egyptian Petroleum Ministry said in a statement on Tuesday. Apache CEO John Christmann said following a meeting with Egypt’s Petroleum Minister Tarek al-Molla that his company’s move “reflects the importance of […]
Eni signs lease extension for key assets in Egypt’s Nile Delta, Western Desert
A new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease, where the Nooros field is located, and a five-year extension of the Ras Qattara Concession Agreement approved. Eni announces that Egyptian Authorities have authorized a new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi […]
Egypt signs 3 Oil & Gas exploration agreements worth $139.2 million
Minister of Petroleum and Mineral Resources Tarek el-Molla signed three new oil agreements for the exploration of oil and natural gas in the Mediterranean, Western Desert and Nile Delta regions with investments of $139.2 million. The minister also signed grants of $55 million for drilling 15 new wells, an official statement revealed. The first agreement […]
Eni plans to start production at South West Meleiha in 3-6 months
Eni plans to begin production on the South West Meleiha concession in the Western Desert’s Faghur Basin in three to six months time, Oil Ministry sources tell Al Shorouk. The company plans to drill the third exploratory well of the concession before the end of 3Q2018, said the source. Earlier this month, Eni announced that […]
Apache signs $39 million deal to drill 7 wells in Egypt’s East Bahariya
The Petroleum Ministry announced Wednesday that a new agreement to drill seven oil wells in the East Bahariya concession in the Western Desert was signed, with 9-million-dollar investments and a signature grant worth 30 million dollars. The agreement was signed by CEO of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz el Regal and Apache […]
