Cheiron announces that the GNN-4 well, which was drilled to appraise the recent GNN oil discovery, has been completed and successfully tested at initial rates of over 2,000 bopd.  The well was drilled as a high angle wellbore from the existing Geisum D platform and has been placed on long term production using the existing […]

United Oil & Gas Plc (UOG)  a global oil and gas exploration, development and production company, is pleased to announce a production on the Abu Sennan concession oilfield off Egypt in which UOG holds a 22% working interest. This includes a production update covering the first half of June and the results of an Independent Reserves Report […]

The Egyptian Ministry of Petroleum has announced achieving a petroleum discovery in the offshore Geisum concession in the south of the Gulf of Suez with shallow waters. The Ministry clarified that the new discovery comes with an initial production rate of 2,000 barrels per day of crude oil, and it is estimated that there are […]

United Oil & Gas has provided Uan update on the proposed acquisition of Rockhopper Egypt from Rockhopper Exploration. Rockhopper Egypt holds a 22% nonoperating interest in the producing Abu Sennan concession, onshore Egypt This update provides further detail regarding the ASH-2 well which was recently drilled at Abu Sennan, current production at Abu Sennan and […]

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Italian Ambassador to Egypt, Giampaolo Cantini, witnessed the signing of Engineering, Procurement and Construction (EPC) contract for establishing a Mazut Hydro-cracking Complex in Upper Egypt, according to a press release. The contract was signed by the Head of Assiut National Oil Processing Company […]

Maersk Drilling a leading drillships owner has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m. “We’re pleased to […]

Egypt’s Petroleum Minister Tarek El-Mo lla (M) during the signing of the deal with Neptune Energy on Wednesday, February 12, 2019, Cairo, Egypt Egypt has signed an oil and gas exploration deal with Neptune Energy worth around $35 million for three wells in the Gulf of Suez, the oil ministry said on Wednesday. The wells […]