Egypt ///

Neptune Energy completes OBN seismic survey offshore Egypt

Neptune Energy announced the successful completion of an ocean bottom node (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis.

Israeli gas finally reaches Egypt as mega deal bears fruit

Egypt began receiving natural gas from Israel, enacting a deal initially worth $15 billion that’s part of the North African country’s plan to become an energy re-export hub on Europe’s doorstep. Israeli gas stocks rose.

Exxon expands Eastern Mediterranean offshore holdings

The awards add upstream interests to ExxonMobil’s long-standing downstream presence in Egypt, where it has been a leading fuels, lubricants and specialties marketer since 1902.

Egypt expects first Israeli gas by year-end, oil minister says

Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe’s doorstep.

Schlumberger and TGS announce new 3D multiclient reimaging project in Egyptian Red Sea

The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km2 that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea.

Egypt, Israel amend $15 billion gas deal to avoid supply disruption

The parties to a $15 billion deal to export Israeli natural gas to Egypt are changing the agreement to reduce the risk of disruptions.

SDX Energy reports significant oil discovery in Egypt's West Gharib Concession

SDX Energy plc, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul-7 development well in the West Gharib Concession in Egypt.

ADES International awarded contracts in Egypt, Algeria

ADES International Holding Plc, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA) through its subsidiaries, has announced that it has been awarded a new two-year contract for its ADMARINE IV offshore jackup rig in Egypt.

BP to divest mature oil assets in Egypt to Dragon Oil

BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company.

TransGlobe Energy Corporation announces approval of new development lease, operations update

TransGlobe Energy Corporation announces an approval of a new development lease and an operations update. All dollar values are expressed in US dollars unless otherwise stated.

Rovco, Drexel Marine Petroleum increase Egyptian projects over next five years

Rovco has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt.

Egypt returns to LNG exports club seeking to sell cargoes

Egypt indicated it’s ready to rejoin the club of major exporters of liquefied natural gas, making its biggest offer to supply the market in at least five years.

Eni reports new gas discovery in the Nour prospect, offshore Egypt

Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km north of the Sinai peninsula.

ADES, Vantage team up for deepwater drilling contract in Egypt

ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has entered, through its subsidiary ADES S.A.E., into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin.

DEA awarded new license in the onshore Nile Delta

The Egyptian Natural Gas Holding Company (EGAS) has awarded one new license to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 km2 and is located west of the Disouq development leases, where DEA is the operator with a licence share of 100%.

Neptune Energy awarded oil exploration license in Egypt

Neptune Energy has today been awarded an operated oil exploration license in the North West El Amal offshore concession in Egypt by the Egyptian General Petroleum Corporation.

SDX expands presence in Morocco with new licenses, seismic commitment

SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.

Egypt dangles incentives to draw more oil, gas investors

Egypt is finalizing details of a new type of oil and gas contract to attract even more foreign investment than the $10 billion already coming into its energy industry this year.

BP starts gas production from the second stage of Egypt's West Nile Delta

BP has announced first gas production from the second stage of its West Nile Delta development offshore Egypt.

Saipem: LOI for the award of new E&C Offshore work order for the Ramp Up to Plateau phase of the Zohr Field Development Project, worth more than $1.2 billion

Saipem and Petrobel have negotiated an offshore contract addendum worth more than $1.2 billion for engineering, procurement, construction and installation (EPCI) activities in relation to the “Ramp Up to Plateau” phase of the “supergiant” Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.