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EGYPT: Wintershall Dea Divests its interest in the Gulf of Suez Concession

As of 1st January 2022, after 38 years of economic and efficient production from the Gulf of Suez, Wintershall Dea is closing this chapter of its long oil production history … Read More

EGYPT: Pharos Energy,Energy Ministry Finalize 3rd Amendment to the El Fayum Concession Agreement

Pharos Energy has announced that the Third Amendment to the El Fayum Concession Agreement has been signed by His Excellency Eng. Tarek El Molla (Minister of Petroleum & Mineral Resources … Read More

EGYPT: Eni awarded five Additional Exploration Licenses

Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow … Read More

EGYPT: TransGlobe Announces Ratification of the Consolidated and Amended Eastern Desert PSC

TransGlobe has said it received notification that its agreement with the Egyptian General Petroleum Corporation (EGPC) to merge, amend and extend its three existing Eastern Desert concessions (West Gharib, West … Read More

EGYPTIAN: United Oil & Gas Provides ASX-1X Well & 2022 Drilling Programme Update

Highlights –      ASX-1X exploration well encountered at least 10m net pay in a number of oil-bearing reservoirs –      Completion of the well and well-testing is now planned, and if successful, will be followed … Read More

EGYPT: TransGlobe Energy Provides Q1 2021 Financial & Operating Results

In Egypt, the Company sold 171.9 thousand barrels of entitlement crude oil to EGPC during the quarter, and had 455.7 Mbbls of entitlement crude oil inventory at March 31, 2021. … Read More

United Oil and Gas ASD-1X Well Test Update & Submission of Notice of Commercial Discovery

United Oil & Gas has provide the following update on the testing of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 … Read More

EGYPT: United Oil and Gas Makes Discovery at ASD-1X Well Abu Sennan Concession

Highlights: ·    Preliminary results suggest the ASD-1X exploration well encountered a total of at least 22m net oil pay interpreted across a number of reservoirs, including the Abu Roash C (AR-C), … Read More

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