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Fayoum 5 Exploration Well Findings Indicate Potential Natural Gas Discovery by bp in Mediterranean

Egypt Oil & Gas

The initial results of the Fayoum 5 exploration well located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in the coming days.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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VÃ¥r Energi makes third oil discovery in a row in Goliat Area

Oilfield Technology

Vr Energi ASA has announced an oil discovery in the operated Zagato exploration well near the Goliat field in the Barents Sea, adding to recent exploration success in the area.

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Oman Signs EPSA with OQEP, Genel Energy to Boost Hydrocarbons in Block 54

Egypt Oil & Gas

Oman’s Minister of Energy and Minerals, Salim Nasser al Aufi, stated that the execution of the agreement represents a pivotal step in Omans efforts to enhance hydrocarbon exploration and development. The post Oman Signs EPSA with OQEP, Genel Energy to Boost Hydrocarbons in Block 54 first appeared on Egypt Oil & Gas.