Egypt

Apache can spend up to $900 mn at its Western Desert concessions this year

US oil and gas producer Apache could spend as much as USD 900 million at its Western Desert oil concessions this fiscal year if oil prices mount a recovery, Al Mal reports, citing a senior official at the Egyptian General Petroleum Corporation (EGPC).

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Egypt, Greece, Cyprus Form Six-Member Mediterranean Gas Group

EMGO is a permanent organization to promote co-operation over natural gas in the Eastern Mediterranean

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Natural gas has been delivered for more than one million housing units last fiscal year

Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, announced the completion of the conversion of 1,070 million housing units to work with natural gas during the fiscal year 2019/2020

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Eni Is Planning To Drill Nidoco NW-1 DIR In Great Nooros Area

In June 2016, Baltim South West was discovered, with BP and operator Eni both having a 50 percent interest. It is located 10km north of the Nooros field, in the development lease (DL) area of Baltim South, and has enhanced the importance of the Great Nooros Area, which has the overall potential of around three trillion cubic feet (Tcf) of gas; with two Tcf in the Nooros deposit and the remainder in Baltim South West. During 2019, the Baltim South West offshore project (Eni operator with a 50% interest) was completed with a production start-up.

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New gas discovery in the Mediterranean Sea offshore Egypt

Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called "Great Nooros Area".

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Shalateen Mineral Resources co announces a new commercial gold disclosure

Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, announced the achievement of a commercial disclosure of gold in the Iqaat region in the eastern Egyptian desert, with a reserve estimated at more than a million ounces of gold with 95% recovery rate

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Energean has entered into further amended terms for its acquisition of Edison E&P

Energean announce that it has entered into further amended terms for its acquisition of Edison E&P following which, inter alia, the Norwegian subsidiary will be formally excluded from the transaction perimeter. Combined with the previously announced exclusion of the Algerian asset

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Suez safety outfitters (Sso) obtains a license to produce face masks for the entire petroleum sector

the petroleum sector begins to produce sustainable face masks with standard specifications through the Suez safety outfitters (Sso) that obtained the license of the Egyptian General Authority for Standardization And the quality of its production after the samples submitted by the company pass the full tests set by the Specifications and Quality Authority

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