EGYPT: Pharos Energy Provides 2021 Preliminary Results

2021 Operational Highlights Total Group working interest 2021 production 8,878 boepd net (2020: 11,373 boepd), in line with production guidance: Egypt production 3,318 bopd (2020: 5,270 bopd) In Egypt: Return … Read More

Africa’s Regulatory Landscape Sees Critical, Industry-Advancing Reforms

The African Energy Chamber’s Q1 2022 Outlook, the State of African Energy, details regulations implemented in Nigeria and Egypt that are fast tracking sectoral growth. With the energy transition pressuring … 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: Pharos Energy Announces Recommencement of El Fayum Development Drilling

Pharos Energy has announced a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interim three-well development programme.  Ed Story, President and Chief Executive Officer, … Read More