QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two exploration blocks offshore Egypt in the Red Sea. Under the terms of the agreements, which are subject to customary ...

Shell plc SHEL, a British multinational oil and gas company, is on the verge of a major strategic breakthrough in the Eastern Mediterranean, as it is close to getting the development rights for ...

Shell will embark this year on a major gas exploration campaign offshore Egypt, that could involve drilling in a new frontier play, after signing a multi-well contract with Stena Drilling. The ...

QatarEnergy announced it will acquire a 27% participating interest in the North Cleopatra block offshore Egypt from Shell, which will remain operator with a 36% stake. The remaining interests are held ...

QatarEnergy has managed to gain a notable entry in Egypt’s promising offshore oil & gas sector through a strategic purchase that enhances QatarEnergy’s foothold in the Mediterranean region. It seems ...

Egypt plans to drill 480 exploratory oil wells over the next five years under an investment program worth $5.7 billion. ・Egypt plans to drill 480 exploratory oil wells over the next five years with a ...

QatarEnergy announced it will acquire a 27% participating interest in the North Cleopatra block offshore Egypt from Shell, which will remain operator with a 36% stake. The remaining interests are held ...

Shell plc SHEL, along with some other companies, has entered into agreements with Egypt in order to strengthen the nation’s energy sector through international partnerships. Egypt entered into deals ...