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Tag: Bid Round
West Med

EGAS upcoming Bid Round will include 11 Blocks in Egypt’s West Mediterranean

Posted: October 20, 2019 at 5:05 pm   /   Oil & Gas

The EGAS upcoming Bid Round will include 11 Blocks in Egypt’s Western Mediterranean. Dr. Samir Rasslan, EGAS vice Chairman for Agreements & Explorations announced on the last day of MOC, that the Egyptian Natural Gas Holding Company (EGAS) will invite Petroleum Exploration Companies for 2020 International Bid Round to explore/exploit for Gas and Crude Oil […]

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Wintershall Dea Brazil

Wintershall Dea wins two offshore blocks in Brazil’s 16th bidding round

Posted: October 13, 2019 at 1:41 pm   /   Oil & Gas

Wintershall Dea was awarded offshore blocks S-M-766 and C-M-845 in Santos and Campos basins. The company is further strengthening its exploration portfolio in Brazil. In Brazil’s 16th Bidding Round for oil and gas exploration blocks, Wintershall Dea was awarded two offshore blocks in the Santos and Campos basins with its partners Chevron and Repsol. Hugo […]

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Red Sea

Egypt’s Offshore Red Sea Oil & Gas exploration Bid Round closes today

Posted: September 15, 2019 at 1:57 pm   /   Oil & Gas

The Red Sea oil and gas exploration tender ends today, with bids from major oil producers expected to be announced later. Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total have all reportedly bidding for 10 oil and gas exploration blocks off the Red Sea coast under a new production sharing contract, which were tendered […]

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Red Sea

TGS, Schlumberger announce new Red Sea 3D Seismic Multi-Client Reimaging Project

Posted: September 6, 2019 at 3:16 pm   /   Oil & Gas

TGS and Schlumberger today announced a new 3D seismic reimaging project in the Egyptian Red Sea. The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km² that was acquired between 1999 and 2008 – the only available 3D data in this part of the Red Sea. It includes the integration of […]

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EGPC

EGPC to launch new oil and gas exploration bid round by end of year

Posted: August 22, 2019 at 11:53 am   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) aims to launch an oil and gas exploration tender by the end of this year, to increase the exploration operations in the different concession areas, and boost rates of production, A source in the petroleum sector told Daily News Egypt that EGPC is currently planning the areas to be […]

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Red Sea

TGS provides update on Egypt’s Offshore Red Sea 3D Seismic Survey

Posted: July 26, 2019 at 11:58 pm   /   Oil & Gas

TGS progressing multiple 3D basin-wide surveys: TGS has provided updates on its current offshore geoscience campaigns. During 2Q, the company continued its SeaSeep project in the MSGBC basin off northwest Africa. This will cover around 113,500 sq km (43,822 sq mi) and will incorporate around 230 cores from the seabed, located based on multi-beam backscatter […]

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Red Sea

Egypt extends deadline for Red Sea Offshore Bid Round to September

Posted: July 22, 2019 at 3:07 pm   /   Oil & Gas

The South Valley Egyptian Petroleum Holding Company (Ganope) announced the extension of the closing date of its Offshore Red Sea Oil & Gas Exploration Bid Round till mid-September. The Offshore Red Sea Bid Round (O.R.S.B.R 2019) includes ten (10) Exploration Blocks in the Economic Water of the Red Sea as shown in the map. The […]

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West Med

Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020

Posted: May 30, 2019 at 12:15 pm   /   Oil & Gas

EGAS plans fresh WestMed gas exploration tender: The Egyptian Natural Gas Holding Company (EGAS) plans to put some 11 natural gas exploration blocks in the western Mediterranean up for auction by 1Q2020, a source from the company told Al Shorouk. EGAS has finalized studies and seismic scans, and is waiting for the Oil Ministry to […]

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Red Sea

August cut-off point for Egypt’s Red Sea Offshore Bid Round

Posted: May 11, 2019 at 10:31 pm   /   Oil & Gas

Egypt’s Ministry of Petroleum and Mineral Resources is offering 10 exploration blocks in the Red Sea close to established hydrocarbon production. Closing date for submission of bids is Aug. 1. TGS is supporting the licensing round by making available the following data: 10,318 km (6,411 mi) of Red Sea ’18 (RS18) 2D long-offset broadband seismic, PSTM/PSDM) >16,500 […]

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Red Sea

Egypt launches 2019 Bid Round for Red Sea Oil & Gas Exploration

Posted: March 10, 2019 at 2:00 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources of Egypt (M.O.P) invite international qualified and interested companies having the technical and financial capabilities for an International Bid Round to explore and exploit oil and gas in offshore Egyptian Red Sea based on PRODUCTION SHARING AGREEMENT (P.S.A). South Valley Egyptian Petroleum Holding Company (Ganope) is the entity […]

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