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Egypt

Egypt: Zenith enters new acquisitions agreement for MENA region

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, […]

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Total Signs Exploration Agreement for North RAS Kanayis Block Offshore Egypt

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 […]

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SDX Energy Announces South Disouq SD-12X First Gas off Egypt

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 […]

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United Oil & Gas Spuds ASH-3 development well offshore Egypt

United Oil & Gas Plc a production, development, exploration and appraisal Assets Company has announced the spudding of the ASH-3 well in the Abu Sennan Licence, Egypt. United holds 22% working interest in the Licence, which is operated by Kuwait Energy Egypt. ASH-3 is a vertical well targeting the producing Alam El Bueib (“AEB”) reservoirs at a depth […]

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Total Signs E & P Agreement on RAS Block Offshore Egypt

Total and its consortium (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 4,550 sq […]

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Eni discovers oil in Western Desert of Egypt, sets new production value

Eni has announced a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production. The well encountered 85 feet of oil column in the […]

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Eni to restart Damietta Liquefied Natural Gas plant in Egypt settles disputes

These agreements, which are in line with the ones finalized last February and take into account the evolution of the energy scenario, allow to reinforce Eni’s strategic objectives in terms of growth of its LNG portfolio, in particular in Egypt, where the Company is the main gas producer, and are of primary importance for all […]

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United Oil & Gas reveals update on the Abu Sennan Licence in Egypt, signs new rig contract for the ASH-3 well

United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets offers an update on the Abu Sennan Licence in Egypt (United 22% working interest), including the signing of the rig contract for the ASH-3 well.  The EDC-50 rig has a history of successful drilling in the Western Desert. […]

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BP starts gas production from Qattameya field off Egypt

BP today announced the start of gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.  Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is ‎expected to produce up to 50 million cubic feet of gas per day, has been developed ‎through a […]

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IPR Energy Group buys Dana Gas assets in Egypt for $236M

Dana Gas PJSC has entered into a binding agreement with IPR Wastani Petroleum Ltd, a member of the IPR Energy Group (“IPR”) for the sale of its onshore Egyptian producing oil and gas assets for a consideration of up to $236 million including contingent payments.  IPR is a leading private E&P operator in Egypt, with […]

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