WintershallDea is closing the chapter of its long oil production history in Egypt.after 38 years of economic and efficient production from the Gulf of Suez, and this is effective as of 1st January 2022.  “The Gulf of Suez concession will always be a proud part of our history in Egypt. It was the foundation upon […]

TransGlobe Energy Corporation has programmed the sum of $57.7MM for its 2022 capital program (before capitalized G&A) this includes $33.1MM for Egypt and $24.6MM for Canada. The 2022 Plan was prepared to focus on value accretive projects within the Company’s portfolio, maximize free cash flow to direct at future value growth opportunities, to increase the Company’s […]

Pharos Energy plc, an oil and gas exploration and production company, issues the following trading and operations update to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2021. This is in advance of the Company’s Preliminary Results on 16 March 2022. The information contained herein […]

Chariot the Africa focused transitional energy company has announced the completion of the successful gas drilling operations, on the Anchois gas project within the Lixuslicence, offshore Morocco. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbureset des Mines (“ONHYM”) which holds a 25% interest. Anchois-1, the original discovery well was drilled […]

Transglobe Energy has continued to use the EDC-64 rig in its Eastern Desert drilling campaign, managing to drill and case three additional development wells in K-Field and H-Field during the quarter. Eastern Desert (100% WI) K-66 was drilled to a total depth of 1,809 meters, encountering good gas and oil shows in the Asl-A, Asl-B, […]

SDX Energy has announced the completion of drilling at the MSD-21 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-21 encountered the primary top Asl Formation reservoir at 4,040ft MD (-3,251ft TVDSS) and reached a total depth of 4,740ft. The well encountered 62.3ft of good-quality, net […]

United Oil & Gas has released an update on the drilling of the Al Jahraa-13 development well (AJ-13) in the Abu Sennan licence, onshore Egypt.The AJ-13 well, which is a follow up to the successful Al Jahraa-8 well, safely reached a total depth of 3,840m, several days ahead of schedule and under-budget. The well has […]

It is now Five years after the United Nations Climate Conference (COP) was held  in Marrakech, Morocco;Africa will once again host the global climate meeting in 2022. The 27th COP will be held in the seaside city of Sharm el-Sheikh on the Red Sea, in Egypt. A choice due to the fact that Egypt was […]

United Oil & Gas has announced the spudding of the Al Jahraa-13 development well in the Abu Sennanlicence, onshore Egypt. Highlights Drilling of the AJ-13 development well, which will target stacked Upper and Lower Bahariya reservoir targets, has commenced The well will take approximately 65 days to drill and complete and is fully funded from […]

Pharos Energyan independent oil and gas exploration and production companyhas announced that the Egyptian Cabinet approval of the Third Amendment of its El Fayum Concession Agreement. The approved terms, already announced on 30 March 2021, include both an increase of the cost recovery petroleum percentage and an extension of the exploration term of three and […]