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The Most Anticipated Licensing Round Of 2021

The Most Anticipated Licensing Round Of 2021
By Viktor Katona - Apr 03, 2021, 12:00 PM CDT
The energy markets have seen several major upsets during the 21st century yet one can state fairly confidently that the market slump of 2020-2021 has triggered the most damage of them all. This is also true for international licensing where dozens of rounds were delayed, either to 2021 or indeterminately, for fear of not generating enough interest amidst drastic CAPEX cuts and massive divestment schemes. The end result is that 2020 was the weakest year in terms of total acreage awarded to oil and gas companies since 2002 (0.35 million km2), roughly a third of what it was in 2019. The price rebound of February-March 2021 will provide a suitable springboard for new licensing round – it is this momentum that Egypt will try to capitalize on with its latest licensing round. Egypt’s last licensing round was held in 2019, then the Red Sea auctioning saw 3 blocks allocated b ....

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Palestine vetoes UAE membership to East Med Gas Forum

Palestine vetoes UAE membership to East Med Gas Forum
Ministers attend the East Mediterranean Gas Forum (EMGF), in Cairo, Egypt on 16 January 2020 [KHALED DESOUKI/AFP/Getty Images]
March 11, 2021 at 11:49 am
Palestine has vetoed the United Arab Emirates (UAE) s membership to the East Mediterranean Gas Forum (EMGF),
Anadolu reported a Palestinian official saying yesterday.
Palestine, a founding member of the forum, used the veto against the UAE request to join the EMGF, the official, who spoke on condition of anonymity, told
Anadolu Agency.
The founding states of the EMGF are Egypt, Palestine, Jordan, Greece, Italy, Israel and the Greek Cypriot administration of Southern Cyprus (GCASC). ....

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Charter of E. Mediterranean Gas Forum enters into force

Charter of E. Mediterranean Gas Forum enters into force
parisguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from parisguardian.com Daily Mail and Mail on Sunday newspapers.

Al Qahirah , United States , Mediterranean Gas Forum , Egypt Ministry Of Petroleum , East Mediterranean Gas Forum , ஒன்றுபட்டது மாநிலங்களில் , மத்திய தரைக்கடல் வாயு மன்றம் , எகிப்து அமைச்சகம் ஆஃப் பெட்ரோலியம் , கிழக்கு மத்திய தரைக்கடல் வாயு மன்றம் ,

Greece And Egypt Reach Compromise In Eastern Mediterranean

Greece And Egypt Reach Compromise In Eastern Mediterranean
greekcitytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greekcitytimes.com Daily Mail and Mail on Sunday newspapers.

Al Qahirah , Kyriakos Mitsotakis , Sameh Shoukry , Egypt Ministry Of Petroleum , Greek Prime Minister Kyriakos Mitsotakis , Egyptian President Abdel Fatah , Greek Foreign Minister Nikos Dendias , Nikos Dendias , Mineral Resources , East Med , எகிப்து அமைச்சகம் ஆஃப் பெட்ரோலியம் , எகிப்தியன் ப்ரெஸிடெஂட் அப்தெல் ஃபாட , தாது வளங்கள் , கிழக்கு மேட் ,

Egypt plans $179m boost for national gas network

CAIRO: Egypt is planning to invest 2.8 billion Egyptian pounds ($179 million) in its natural gas network this year. According to an official report from Egypt’s Ministry of Petroleum, authorities plan to operate about four new lines with a total length of more than 180 kilometers. Sources said that increasing the length of gas transmission lines by upgrading and maintaining ....

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