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Tag: Western Desert
MOP-Eni-BP

Egypt signs 3 Oil & Gas exploration agreements worth $139.2 million

Posted: August 14, 2018 at 9:13 pm   /   Oil & Gas

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 […]

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Eni

Eni plans to start production at South West Meleiha in 3-6 months

Posted: July 25, 2018 at 2:24 pm   /   Oil & Gas

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 […]

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Apache Signing

Apache signs $39 million deal to drill 7 wells in Egypt’s East Bahariya

Posted: July 21, 2018 at 1:44 pm   /   Oil & Gas

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 […]

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NW Sitra

TransGlobe comes up dry at NW Sitra wildcat in Egypt’s Western Desert

Posted: July 21, 2018 at 1:32 pm   /   Oil & Gas

Canadian junior fails to find hydrocarbons at latest well, but third rig mobilised for further drilling. TransGlobe Energy has come up dry at a wildcat on its North West Sitra concession in Egypt’s Western Desert. TransGlobe Energy Corporation Announces Operations Update Corporate production averaged approximately 14.9 MBoepd during June Received net proceeds of $27.2 million […]

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SW Meleiha

Eni announces second oil discovery at Faghur Basin in Egypt’s Western Desert

Posted: July 9, 2018 at 3:13 pm   /   Oil & Gas

The discovery confirms the high potential of deep geological sequences of the Faghur Basin. Eni announces a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa. The well is the second one drilled by Eni […]

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Rockhopper

Rockhopper announces six-month drilling programme at Abu Sennan concession

Posted: June 22, 2018 at 1:20 pm   /   Oil & Gas

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falklands Basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update in relation to its Egyptian portfolio. Abu Sennan, Egypt (22% working interest) Year to date average daily production from the Abu Sennan concession has […]

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Apache to start drilling at East Bahariya concession this year

Posted: June 4, 2018 at 2:48 pm   /   Oil & Gas

El Molla, Apache delegation discuss potential oil exploration in Western Desert Apache is set to complete drilling work at its East Bahariya concession within six months of starting in 3Q2018, top executives from the Apache Corporation told Oil Minister Tarek El Molla during a meeting in Cairo yesterday, a ministry statement said. Apache is also […]

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EGPC-BR-2018

EGPC launches 2018 oil & gas exploration bid round for 11 blocks

Posted: May 22, 2018 at 5:08 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) launched the 2018 bid round for oil & gas exploration on 11 blocks: Five in the Western Desert, two in the onshore Nile Delta region, one in the Eastern Desert, and three in the Gulf of Suez (both onshore & offshore). The Egyptian Ministry of Petroleum announced in an […]

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MOP

Egypt to offer 27 concessions in 2 bid rounds for oil & gas exploration

Posted: May 21, 2018 at 2:14 pm   /   Oil & Gas

Egypt will launch two international bid rounds for oil and gas exploration in 2018, the petroleum ministry said in a statement on Monday. One bid round will cover 16 concession areas, mostly in the Mediterranean Sea, under state buyer EGAS, in its largest ever bid round. The other auction will cover 11 concession areas under […]

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gas-plant

Eni, Lukoil to invest $700 million in Western Desert gas processing plant

Posted: May 14, 2018 at 9:35 pm   /   Oil & Gas

A consortium including Italy’s Eni, Russian energy company Lukoil and the Egyptian General Petroleum Corporation (EGPC) is set to establish a natural gas processing plant in Egypt’s Western Desert with a capacity of 100 million cubic feet of gas per day and investments worth $700 million. The construction will start once government approvals are issued. […]

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