Dana Gas Egyptian Assets Attract Huge Interest
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Dana Gas Egyptian Assets Attract Huge Interest

Dana Gas is receiving several offers from companies interested in acquiring its asset portfolio in Egypt, Mubasher reported citing the company’s Head of Investor Relations, Mohammed Mubaideen. The…

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President Aoun updated on the US border demarcation mediation with Israel
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President Aoun updated on the US border demarcation mediation with Israel

President Michel Aoun said Tuesday that he is monitoring the U.S. mediation efforts in the land and maritime border dispute between Lebanon and Israel. His comments were made…

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TGS, Schlumberger announce new Red Sea 3D Seismic Multi-Client Reimaging Project
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TGS, Schlumberger announce new Red Sea 3D Seismic Multi-Client Reimaging Project

TGS and Schlumberger announced a new 3D seismic reimaging project in the Egyptian Red Sea. The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600…

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Natural Gas Production Rises to 7 bcf/d
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Natural Gas Production Rises to 7 bcf/d

Egypt’s natural gas production has reached 7 billion cubic feet per day (bcf/d), up from 6.8 bcf/d at the end of June, an Oil Ministry official told Reuters.…

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Total: 20-25% chance of success on Lebanon first exploratory well
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Total: 20-25% chance of success on Lebanon first exploratory well

Total is the lead company in a consortium that won contracts in 2017 to explore for oil and gas in Lebanon’s maritime block’s 4 and 9.  The other…

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Cyprus to start importing  LNG by end 2021
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Cyprus to start importing LNG by end 2021

DEFA announced on 23 August its decision to award the tender for the construction of an LNG import terminal at Vasilikos. This will comprise a floating storage regasification…

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Zohr Total Investments Reach $10.6 B
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Zohr Total Investments Reach $10.6 B

Zohr field’s total investments reached $10.6 billion, of which $3 billion were injected in august 2019 after the field reached a production level of 2.7 bcf/d, Egypt Oil…

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Shell Starts Drilling First Exploration Well by End of August
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Shell Starts Drilling First Exploration Well by End of August

Shell announced that the “Discoverer India” Drillship will begin drilling its first exploration well “Montu”at a depth of 6,000 meters below sea level in the West Delta Deep Marine (WDDM)…

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Egypt to launch new oil and gas exploration bid round by end of 2019
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Egypt to launch new oil and gas exploration bid round by end of 2019

The Egyptian General Petroleum Corporation (EGPC) aims to launch an oil and gas exploration tender by the end of this year, to increase the exploration operations in the…

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DrillShip Tungsten Explorer to drill Exploration Well for Total in Offshore Lebanon
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DrillShip Tungsten Explorer to drill Exploration Well for Total in Offshore Lebanon

The Lebanese Minister of Energy Mrs. Nada Boustani has announced its approval for a short-term exploration contract for deepwater drilling services in Block 4, offshore Lebanon. The block…

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