Submitted by oilgasafrica on Tue, 2019-06-04 08:10
BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company (GUPCO). Dragon Oil is a wholly-owned subsidiary of the Emirates National Oil Company (ENOC).
Submitted by oilgasafrica on Fri, 2019-02-15 20:36
BP announced first gas production from the second stage of its West Nile Delta development offshore Egypt.
Submitted by oilgasafrica on Mon, 2016-02-08 15:26
SDX Energy Inc. (“SDX” or the “Company”) (TSX VENTURE: SDX), an oil & gas exploration and production company with assets in Egypt & Cameroon, is pleased to announce the Al Amir SE 23 development well in North West Gemsa, has encountered significant oil bearing reservoir sections in both the Kareem Rahmi and Shagar formations and will be completed as a producer in the Shagar.
Submitted by oilgasafrica on Sat, 2015-12-12 09:25
BP Egypt has announced today the completion of its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG.
Submitted by oilgasafrica on Thu, 2015-11-12 16:48
Eni signed today with the Egyptian Government three amendments for the IEOC concessions of "Sinai 12 and Abu Madi", "North Port Said" and "Baltim", which is in partnership with BP, and signed one new Concession Agreement, "Ashrafi", in partnership with ENGIE.
Submitted by oilgasafrica on Thu, 2015-11-12 14:19
SDX Energy Inc. (“SDX”) (TSX VENTURE: SDX) is pleased to provide an update on its activities at its South Disouq asset located onshore Nile Delta Egypt.
Submitted by oilgasafrica on Thu, 2015-11-05 15:56
BP today announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile Delta, offshore Egypt was announced in March 2015.
Submitted by oilgasafrica on Thu, 2015-10-29 19:21
Eni announces the success of the "Nidoco North West 3" well drilling, appraisal of “Nidoco NW 2 Dir‘ discovery, in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta.
Submitted by oilgasafrica on Mon, 2015-10-12 16:47
Eni has been awarded with two new exploration licenses located in the Egyptian offshore of the Mediterranean Sea, North El Hammad and North Ras El Esh, as a result of the competitive 2015 EGAS bid round.
Submitted by oilgasafrica on Sun, 2015-07-19 23:00
Eni has made an important gas discovery in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, 120 kilometers north-east of Alexandria, Egypt.
Submitted by oilgasafrica on Sun, 2015-06-07 23:00
Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta. The Balsam-2 well is being drilled with the 2000 HP Egyptian Drilling Company’s Rig #48 and targets the Qawasim formation at a depth of 3200 m.
Submitted by oilgasafrica on Tue, 2015-06-02 14:12
Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt, which was
Submitted by oilgasafrica on Sat, 2015-03-14 00:00
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed today with Eni’s CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the Country while preserving the return of Eni’s investments.
Submitted by oilgasafrica on Mon, 2015-03-09 14:40
BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has reached 6,400 metres depth and penetrated approximately 50 metres of gas pay in high quality Oligocene sandstones. Expected to be the deepest well ever drilled in Egypt, the Atoll well still has another 1 kilometre to drill to test the same reservoir section found to be gas bearing in BP’s significant 2013 Salamat discovery, 15 kilometres to the south.
Submitted by oilgasafrica on Fri, 2015-03-06 00:00
BP today announced that it has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic feet (tcf) of gas resources and 55 million barrels (mmbbls) of condensates with an estimated investment of around $12 billion by BP and its partner. The project underlines BP’s commitment to the Egyptian market and is a vote of confidence in Egypt’s investment climate and economic potential.