Egypt
News
March 26, 2019
Rovco has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt.
News
March 15, 2019
Egypt indicated it’s ready to rejoin the club of major exporters of liquefied natural gas, making its biggest offer to supply the market in at least five years.
News
March 14, 2019
Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km north of the Sinai peninsula.
News
March 08, 2019
ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has entered, through its subsidiary ADES S.A.E., into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin.
News
February 12, 2019
The Egyptian Natural Gas Holding Company (EGAS) has awarded one new license to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 km2 and is located west of the Disouq development leases, where DEA is the operator with a licence share of 100%.
News
February 12, 2019
Neptune Energy has today been awarded an operated oil exploration license in the North West El Amal offshore concession in Egypt by the Egyptian General Petroleum Corporation.
News
February 11, 2019
BP has announced first gas production from the second stage of its West Nile Delta development offshore Egypt.
News
January 15, 2019
Talks are in progress to build an underwater natural gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep.
News
January 14, 2019
SDX Energy Inc., the North Africa focused oil and gas company, has provided an update on operational developments in Egypt.
News
December 23, 2018
Saipem and Petrobel have negotiated an offshore contract addendum worth more than $1.2 billion for engineering, procurement, construction and installation (EPCI) activities in relation to the “Ramp Up to Plateau” phase of the “supergiant” Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.
News
December 09, 2018
Eni announces that the sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore concession, Egypt, has been approved by the Egyptian Government.
News
November 20, 2018
TransGlobe Energy released test results for the South Ghazalat 6X oil discovery well in the Arab Republic of Egypt.
News
November 15, 2018
The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century
News
November 12, 2018
Rockhopper Exploration plc has provided the following operational and corporate update in relation to its Egyptian portfolio.
News
October 22, 2018
Apex International Energy, an independent oil and gas exploration and production company focused on Egypt and other Middle Eastern and North African (MENA) countries, today announced that affiliates of Blue Water Energy LLP have agreed to partner with Apex and join the existing investors: Warburg Pincus LLC, International Finance Corp. (IFC) and company management.
News
October 17, 2018
Egypt is working on a new model for future oil and gas production contracts in undeveloped areas to spur exploration and help become self-sufficient in energy.
News
October 08, 2018
Egypt will begin importing natural gas from Israel under a $15-billion deal as early as March if an undersea pipeline connecting the Mediterranean neighbors is found to be in good condition, moving the country closer to its goal of becoming an energy-exporting hub.
News
October 03, 2018
No sooner has Egypt achieved its milestone of regaining self-sufficiency in natural gas than another corner of the energy market threatens to deal a new blow to fragile government finances.
News
September 10, 2018
Production capacity of Zohr project, developed by the consortium of Eni, Rosneft, BP and Mubadala together with the Egyptian oil and gas companies, has been increased by more than 25% to more than 2 Bcfd.
News
August 30, 2018
Eni announces a gas discovery in the Egyptian Western Desert. The discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession.
News
August 17, 2018
SDX Energy Inc., the North Africa focused oil and gas company, has announced that a successful production test has been conducted at its SD-3X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator).