Claudio Descalzi, Chief Executive Officer of Eni, met with the President of the Arab Republic of Egypt, Abdel Fattah el-Sisi, to discuss Eni’s activities in the country and the areas of common interest and collaboration. The Minister of Petroleum & Mineral Resources Tarek El-Molla was also present at the meeting. The main issues addressed were […]

QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt. Under the terms of the agreement, which is subject to customary approvals by the government of Egypt, QatarEnergy will hold a 40% working interest in the contractor’s share in the North Marakia Offshore Block in the […]

United Oil & Gas PLC the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update on the ASD-2 development well in the Abu Sennanlicence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. Highlights The ASD-2 well […]

SDX Energy today announced a gas discovery at the SD-5X exploration well which targeted the Warda prospect in the South Disouq development lease.SD-5X (SDX:36.85% WI) was spudded on 4 March and reached TD at 7,855ft MD on 16 March which was on time and within budget. The primary basal Kafr El Sheikh target was encountered […]

United Oil & Gas PLC the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update on the drilling of the ASD-2 development well (ASD-2) in the Abu Sennanlicence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. […]

SDX Energy has announced successful spuddingoperations of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease. SD-5X spudded on 4 March 2022 and is expected to reach TD in approx. three weeks. The primary target, which has already been encountered in the IbnYunus and Sobhi field reservoirs, is the basal […]

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 […]