Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egypt’s Western Desert for a base consideration of US$646 million and additional payments of up to $280 million between 2021 and 2024, contingent […]

United Oil & Gas has provided an update on the drilling of the ASH-3 well in the Abu Sennan concession, onshore Egypt. United holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt. Highlights Total of 27.5m net pay interpreted over a 59m gross section in the targeted Alem El Buieb (AEB) reservoir Initial […]

The first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted. This is the first LNG cargo produced by the terminal after it was shut down in 2012.  Such event represents an important milestone in the process to complete the agreement reached on December 1st 2020 aimed at settling all […]

United Oil & Gas PLC the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced update on the drilling of the ASH-3 well in the Abu Sennan concession, onshore Egypt. United holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt. Highlights Total of 27.5m […]

TransGlobe Energy Corporation cash flow-focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada has announced an update on its operations in Egypt and Canada. All dollar values are expressed in US dollars unless otherwise stated. UPDATES Production averaged 12.4 MBoepd in Q4, 2020 […]

Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, has signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block 4 (“Block 4”), with an area estimated at 3084 km2, owned by the South Valley Egyptian Petroleum Holding Company (Ganope). The block was awarded by the Government […]

Apex International Energy has announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The discovery was achieved at the SEMZ-11X well located 10 kilometers west of Zarif field, the nearest producing field. The well was drilled to a total depth of 5,700 feet and encountered 65 feet […]

Zenith Energy has announced that it has entered into a cooperation agreement with Fleet Oil & Gas, privately owned Oil and Gas Company led by the former Egyptian Petroleum Minister, His Excellency Eng. Mahmoud Latif Amer based in Dubai, United Arab Emirates and has a representative office in Cairo, Egypt. The purpose of the cooperation agreement is to jointly identity, […]

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea. This exploration block covers an area of […]

SDX Energy has announced that its operated South Disouq SD-12X well in Egypt has achieved first gas six weeks ahead of schedule. Following the success of the SD-12X exploration well in the second quarter of 2020, being a commercial discovery in the Kafr el Sheikh formation, SDX achieved first gas from the well on 21 […]