Latest in Tag: exploration
Egypt signs $1bn exploration deal, to drill 12 wells
Egypt signs new gold exploration contract worth $5.2m
11 other companies, including 7 international and 4 Egyptian, sign similar contracts
Daily News Egypt
May 13, 2021
Egypt extends closing date for new gold exploration bid to September
The bids cover the search for and exploration of gold and other minerals in the Eastern Desert, with the extension coming on the back of the ongoing implications of the coronavirus (COVID-19) pandemic. It gives companies an extended window of opportunity in which to submit offers.
Daily News Egypt
June 24, 2020
Qarun Petroleum Company invests $237m in FY 2019/20
Moreover, he said that the average daily production of the company during the year reached 31,700 barrels of oil per day,  while the company’s total investment amounted to about $182m.
Mohamed Adel
September 2, 2019
“Global company to draft new terms to benefit from Egypt’s mining wealth”: official source
Ministry of petroleum succumbed to investors to amend terms of gold exploration
Daily News Egypt
February 22, 2019
Egypt signs $1bn exploration deal, to drill 12 wells
Country’s oil, gas sector will continue in full swing, develop its resources, increasing production to meet domestic market needs, reduce imports
Mohamed Samir
September 15, 2018
Eni granted new exploration license in offshore Nour area in H2 2018
Government sources deny imposing a new increase on gas prices for factories
Daily News Egypt
August 14, 2018
Parliament approves oil, gas exploration agreement in North Sinai maritime zones
The Egyptian Parliament’s energy committee approved an agreement for oil and gas exploration in the North Sinai maritime concession area (NOOR) in the Mediterranean Sea. The deal is between the Italian company Eni and the Egyptian Natural Gas Holding Company (EGAS). MP ElSayed Hegazy, a member of parliament’s energy committee, told Daily News Egypt that …
Mohamed Farag
May 22, 2018
Petroleum Ministry to announce winning companies of exploration tender in 11 areas
Shell and Apache applied to acquire sectors in the western desert, says source
Mohamed Adel
November 26, 2016
30 companies to bid on EMRA contract for mineral ore exploration
Tender for gold exploration to be approved in Q1 of 2016, says EMRA chairman
Mohamed Adel
February 2, 2016
Ganope to propose research and exploration bid in 2016
Ganope Chairman Abu Bakr Ibrahim told Daily News Egypt the new bid is awaiting approvals from the relevant entities regarding the sites, their number, and areas.
Mohamed Adel
December 27, 2015
BP signs project developing 5tn cubic feet of gas resources
West Nile Delta project underlines BP’s commitment to Egyptian market, company said
Daily News Egypt
March 7, 2015
$6bn foreign company investments in FY 2015/2016: El Molla
Total foreign investment, which is being pumped this year, is estimated at $7.5bn.
Mohamed Adel
February 25, 2015
BG largest foreign investor in Egypt since revolution: President
“BG Egypt invested more than $3.5bn since the 25 January Revolution”
Daily News Egypt
January 22, 2015
From the stars to planet Earth: Eric Garner, Ferguson, and injustice in America
We all bear the burdens of the crimes and sufferings of both our ancestors and our neighbors, and the people that will one day populate the surface and caves of Mars are the same ones bearing the cultural traumas of our dark and bloody roots.
Daily News Egypt
December 4, 2014
Shell will not proceed with deep water research, exploration in Egypt
Shell and Apache to conduct experiments on shale gas production in the Western Desert
Mohamed Adel
November 9, 2014
BP to invest $240m in Egypt through 2 new exploration blocks
The two exploration blocks was awarded to BP as a result of the 2013 EGAS bid round
Doaa Farid
November 4, 2014
RWE injects $300m into its area of concession for FY 2014/2015
Germany’s RWE, a Suez Oil Company (SUCO) partner, has increased investment allocations for the 2014/2015 fiscal year to approximately $300m compared to the previous $218m, according to a company official. The new investments will be utilised to drill new wells and develop others in the Ras Badran, Ras Fanar, and Gabal El-Zeit oil fields in …
Mohamed Adel
September 13, 2014
Egypt seeking to provide next payment tranche to foreign petroleum partners
Delays in payments have hindered development, exploration and production in oil fields
Daily News Egypt
July 12, 2014
Australian Minister of Agriculture to visit Egypt in April: Foreign ministry
Overcoming challenges in cattle exports is an Australian government priority, says official
Sara Aggour
January 22, 2014
Egypt Auctions 22 Oil, Gas Exploration Concessions
Exploration companies have been hesitant to develop untapped gas finds in Egyptian waters partly because the amount the government pays them barely covers their investment costs.
Daily News Egypt
December 30, 2013
Egypt approves oil and gas exploration agreements
The deals are with firms including BP, Dana Gas Emirati, Petroceltic International, and Sea Dragon Energy.
Daily News Egypt
December 22, 2013
Egypt to seek gas deep offshore, shale in the western desert
State-owned Egyptian Natural Gas Holding Company (EGAS) plans to launch an international tender for deep water gas exploration next year
Daily News Egypt
November 28, 2013
Egypt: Securing energy supplies
Egyptian Natural Gas Holding Company (Egas) awarded eight licences for gas exploration on 16 April and said it would potentially be offering at least 10 more this year.
Daily News Egypt
June 8, 2013
NGOs oppose European bank’s plan to fund oil drilling in Egypt
The European Bank for Reconstruction and Development proposes a $40m loan for Kuwait Energy to drill for oil
Joel Gulhane
May 28, 2013
French oil company buys Shell’s fuel network in Egypt
The details of the transaction and its price have not been disclosed.
Nada Badawi
May 19, 2013
The EGPC issues new bid round for 20 blocks
By Islam Serour The Egyptian General Petroleum Corporation(EGPC) announced a new bid round for 20 blocks in the areas of the Eastern and Western Deserts exploration. Total investments according Hani Dahy, Chairman of the EGPC, is estimated to amount to $8.5 billion in the 2012-2013 fiscal year. Adel Saeed, the EGPC’s Vice Chairman for Agreements, …
Daily News Egypt
August 23, 2012
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