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Tag: Western Desert
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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SW Meleiha

Eni announces oil discovery at South West Meleiha in Egypt’s Western Desert

Posted: May 4, 2018 at 2:41 pm   /   Oil & Gas

Eni announces an oil discovery in the Faghur Basin (South West Meleiha Concession) in Egyptian Western Desert. Eni announces an oil discovery on the A-2X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 103 Km North of the oasis of Siwa. The well is the first one drilled by […]

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TransGlobe releases Q1-2018 Egypt operations update

Posted: April 18, 2018 at 1:17 pm   /   Oil & Gas

  TransGlobe Energy Corporation provides an operations update, announces its intention to list its common stock on the London Stock Exchange’s AIM market and pending changes to the Board of Directors. Q1 Highlights Company production for Q1-2018 was on plan averaging ~14,366 Boepd (~11,776 Bopd Egypt, ~2,590 Boepd Canada). Drilled a successful oil well at […]

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Seeking Alpha: Apache's Big Egyptian Presence

Posted: April 7, 2018 at 2:32 pm   /   Oil & Gas

Going over Apache Corporation’s joint venture with Sinopec in Egypt. New concessions and high-quality 3D seismic mapping services could unlock new oilfields to develop in the Western Desert. Egypt is a major part of Apache Corporation’s asset base, even though it doesn’t get mentioned that often. Apache Corporation has shifted most of its capital expenditures […]

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Apache plans on drilling 50 new exploration wells in Egypt in 2018/2019

Posted: March 25, 2018 at 7:02 pm   /   Oil & Gas

Apache is planning on drilling 50 new exploratory wells in Egypt in the coming fiscal year through its Qarun and Khalda Petroleum subsidiaries, both JVs with EGPC, Apache CEO John Christmann said on Thursday, according to a report in state-owned Ahram Gate. Christmann said he expects the sector to “witness a boom” in FY2018-19. Apache’s […]

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US energy firm IPR announces three new oil discoveries in Egypt

Posted: March 18, 2018 at 4:39 pm   /   Oil & Gas

US energy firm IPR has made two new oil discoveries in the Western Desert’s Ras Qattara concession and a third in the South Disouq concession, IPR Vice President Elsayed Shahin tells Al Shorouk. The company, which drilled 23 wells last year, has already begun production on the first two discoveries, according to Shahin. (Source: Enterprise.press)

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Agiba reaches historic production milestone in Egypt's Western Desert

Posted: March 16, 2018 at 3:11 pm   /   Oil & Gas

Eni announces that the cumulative oil production of AGIBA, the operating joint venture company between Eni’s subsidiary IEOC Production BV and Egyptian General Petroleum Corporation (EGPC), has reached 500 million barrels today. AGIBA is active since 1981 with operations mainly focused in Eni’s oil and gas concessions located in the Western Desert Area of Egypt, […]

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CGG, Ardiseis complete high-density 3D seismic survey in Egypt’s West Kalabsha

Posted: February 9, 2018 at 8:53 pm   /   Oil & Gas

CGG and Ardiseis complete highest-density seismic survey ever acquired to deliver quantum shift in imaging, resolution and reservoir characterization. CGG, its technology partner, and Ardiseis, subsidiary of the Arabian Geophysical and Surveying Company (ARGAS), the Middle East’s seismic acquisition specialist, have announced the successful completion of the world’s highest-density broadband seismic survey ever acquired onshore […]

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