TGS and Schlumberger’s WesternGeco are close to finishing 3D seismic reimaging on Egypt’s Red Sea, as a licence round comes to a close in the area. The two companies said the work would cover data from three seismic surveys, covering 3,600 square km, which were acquired between 1999 and 2008.
United Oil and Gas (UOG) plans to acquire Rockhopper Egypt for £12.8m with help from BP.
The search for natural gas off Cyprus is accelerating, with several companies due to drill new wells to confirm recent discoveries, test prospects and develop known resources.
Energy giant BP has agreed to sell off its mature assets in Egypt’s Gulf of Suez for an undisclosed fee.
Egypt is finalising details of a new type of oil and gas contract to attract even more foreign investment than the $10 billion already coming into its energy industry this year.
BP has started production from the second phase of its West Nile Delta development offshore Egypt.
TechnipFMC will modernise and expand Middle East Oil Refinery's (MIDOR's) complex near Alexandria, Egypt.
SDX Energy has made a gas discovery at its South Disouq Concession in Egypt.
SDX Energy said today that it had struck gas with its SD-4X well in the South Disouq Concession, Egypt.
London-headquartered SDX Energy said the flow test results on a well in Egypt had exceeded expectations.
The Egyptian petroleum minister confirmed yesterday that the proposed pipeline connecting Cyprus' Aphrodite gas field to Egypt's liquefied natural gas (LNG) facilities could cost more than £700 million.
North-Africa focused SDX Energy has started drilling its Ibn Yunus-1X exploration well at South Disouq, Egypt.
BP is seeking to sell-off its stake in Egypt’s Gulf of Suez Oil Company (GUPCO), according to a news report.
Egypt on Tuesday inaugurated the first solar power plant at a remote desert complex where the government plans to generate as much as 1.8 gigawatts from the sun, cutting the most populous Arab nation’s reliance on dirty and expensive fossil fuels.
An Israeli energy company has announced a 15 billion dollar (£10.6 billion) deal to supply natural gas to Egypt, in the largest export agreement to date for Israel's nascent natural gas industry.
BP today announced first gas from the Atoll Phase One project off Egypt.
Britain’s trade envoy to Egypt has started a five-day visit to the country to strengthen ties in the oil and gas sector.
SDX Energy has confirmed an oil discovery in Egypt.
Shell is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.
BP notched up second quarter pre-tax profits of £700million, rebounding from a £2.5billion loss a year ago.
London listed Echo Energy has completed the sale of its legacy Egyptian business for a total fee of $500,000.
Engineering firm Aquaterra Energy has delivered a new platform for the development of the Amal field in the Gulf of Suez, offshore Egypt.
SDX Energy has successfully flowed dry natural gas in a well test conducted at its recent gas discovery at South Disouq, Egypt.
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.
BP has started production from its West Nile Delta development in Egypt eight months early and under budget.