Category: History

2021

Completed the acquisition of 50% of Shell’s upstream oil and gas assets in the Western Desert…

2021

Acquired 40% WI in East Damanhur Concession…

2020

Zaafarana Kareem Reservoir development…

2020

Acquired additional 30% WI in N Bahariya from IPR…

2019

GNN discovery (Geisum & Tawila)…

2018

Awarded New N Zaafarana Concession (80% WI)…

2018

Cheiron was awarded the new North Zaafarana Concession for a period of 15 years. The Geisum & Tawila Concession was successfully extended until June 2027.…

2017

Cheiron was awarded the license and operatorship for Cardenas Mora in Mexico.…

2016

The Company expands its local footprint with the acquisition of two new fields in North Bahareya and West El Burullus , adding new basins to its asset base. Meanwhile a new Board of Directors is established with increased governance responsibilities, as opposed to a previous role limited to advisory.…

2015

Completed the first phase of the Amal development plan and awarded 100% of the North Magawish concession.…