Petroleum Min. closes int'l oil exploration bid Sunday

Thu, 12 Sep 2019 - 01:22 GMT

Sources at the petroleum sector told Egypt Today that companies applying to the tender included Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total France.

TGS, Schlumberger start seismic survey of Red Sea oil

Sun, 24 Dec 2017 - 02:35 GMT

Under the agreement, the two companies have a minimum 15-year period of exclusive multi-client rights.

Ganope plans to drill 16 wells this fiscal year

Tue, 21 Nov 2017 - 02:20 GMT

The company also plans to increase its daily production to 22,500 barrels of oil per day.

Egypt to explore oil in Red Sea for first time in history

Sat, 22 Jul 2017 - 09:11 GMT

Egypt plans to explore oil in Red Sea for the first time in history, following the maritime demarcation agreement signed between Egypt and Saudi Arabia.

Ganope inks $750M deals with British TGC, U.S. Schlumberger

Fri, 21 Jul 2017 - 03:14 GMT

Ganope signed two contracts with the British TGC and the U.S. Schlumberger with investments exceed $750 million .