Egypt

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".

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

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

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

United Oil & Gas Upgrades Reserves of Egypt’s Abu Sennan Concession

United Oil & Gas has provided an update on the Abu Sennan concession in Egypt in which UOG holds a 22% working interest. This includes a production update covering the first half of June and the results of an Independent Reserves Report which estimates gross 2P reserves at Abu Sennan increased to 13.5 MMboe from 12 MMboe over the course of 2019 following drilling success.

Petrogulf got a new discovery in Gulf of suez

The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow waters of Geisum Concession at the south of Gulf of Suez.

Petrojet finishes the first phase of the Abu Dhabi natural gas network

Within the direction of the Egyptian Ministry of Petroleum supporting the presence of the sector companies outside Egypt, Petrojet has succeeded in a new achievement

Egyptian Proposal to Increase Cooperation and Experiences Exchange in Africa Has Been Approved

Eng. Tariq Al Mulla, Minister of Petroleum and Mineral Resources, participated in the 38th Ministerial Conference for the Organization of African Petroleum Producing Countries via videoconference technology in the presence of oil and energy ministers from 15 of the 18 member countries to discuss the developments facing the global oil industry and its impact on the industry African oil during Coronavirus pandemic and the negative impact on the stability of the oil market and a discussion of mechanisms and ways to confront these challenges, pointing to the importance of coordination and cooperation with the OPEC + group in which a number of African oil-producing countries participate in order to restore balance to world oil prices.