Oil Supermajors Apply to Bid for Mexican Oil Blocks
Sunday, 5th June 2016
US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico's fourth phase of maiden offshore oil blocks auction, estimated to contain 4b boe in reserves, alongside European biggies.
Egypt Awards New Oil and Gas Contracts
Thursday, 18th April 2013
Egypt recently awarded eight oil and gas exploration contracts for prospecting projects off the North Coast of the Mediterranean Sea. Companies inacluding BP, Petroceltic International, Sea Dragon, Pura Vida Energy and Dana Gas are paying a total of $73.2 million to secure the license deals, which require a minimum investment of $1.2 billion.
Oil multinationals bid for Upper Egypt gas fields
Tuesday, 19th March 2013
The Egyptian government has invited top oil multinationals to bid for exploration licenses in sites located in Upper Egypt known for being rich in natural gas and petroleum, Sherif Ismail, chairman of the state-owned Ganoub El-Wadi petroleum holding company (GANOPE), told Al-Ahram daily newspaper.