Apex International Energy has acquired interests in four concessions in the Western Desert oil producing region of Egypt from IEOC Production B.V. (IEOC), a unit of Eni S.p.A. Two additional concessions will be acquired by Apex after parliamentary approval of extensions, which is expected in the first quarter of 2023. Pursuant to the sale and […]

United Oil & Gas the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets announces the completion of drilling operations on the ASW-1X exploration well in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt (“KEE”). The […]

Egypt through her Petroleum Minister, Tariq al-Mulla, has disclosed the country discovery of a new gas field in the Mediterranean Sea. The discovery of this colossal gas field is still undergoing evaluation stages to estimate the volume. The name of the new gas field “Narges” is sequel to the discovery of Zohr gas field by Eni […]

TAG Oil has provided the company’s latest operational update as it initiates Phase 1 of strategic development program of the unconventional Abu Roash “F” (“ARF”) reservoir in the Badr Oil Field (“BED-1”) over the first half of 2023, These strategic initiatives  comprise the following as heighted below. First Well Re-Completion TAG Oil has chosen the […]

Bp one of world major Exploration and Production Company has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company. The Northwest Abu Qir Offshore Area – in which bp, the operator, holds 82.75% and Wintershall-Dea holds 17.25% – is located west of the recently awarded North […]

United Oil & Gas has announced an update on the testing of the ASH-4 development well in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt. Brian Larkin, CEO commented:“We are very pleased with the news of the ASH-4 initial […]

Egyptian LNG has awarded a feasibility study contract to the Bechtel-led Coalition for Decarbonization that includes Enppi, Petrojet, Baker Hughes, GE Digital, HSBC and NBE. The study will assess implementation of a zero-flaring system at the Egyptian LNG export terminal (ELNG) in Idku, east of Alexandria. H.E. Tarek El-Molla, Egyptian Minister of Petroleum and Mineral Resources, […]

United Oil & Gas has set an update on the drilling of the ASH-4 development well in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt. Highlights Net pay of 20 metres interpreted in the targeted Alam El Bueib (“AEB”) […]

United Oil & Gas has shown strong operational and investment activities in Egypt via its unaudited financial and operating results for the half year ended 30 June 2022.   Egypt Active drilling programme continues with three out of five wells in the 2022 programme now drilled Successful ASD-2 development well brought onstream in March, just six […]

The ASH-4 development well has commenced drilling  and is fully funded from operational cashflow. It is targeting 2.2 mmbbls gross recoverable oil in what has been to date a highly productive area of the licence.