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Tag: Deep Water
Maersk Discoverer

Maersk Drilling secures work for three offshore rigs

Posted: May 17, 2019 at 3:58 pm   /   Oil & Gas

Maersk Drilling has signed two new contracts and one contract extension since the end of 1Q 2019. One firm three-year contract is with Inpex Australia for the ultra-deepwater semisubmersible Mærsk Deliverer, starting in 2Q 2020, with two one-year extension options. Value of the firm period is $300 million, equivalent to a day rate of $266,200. […]

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Vantage

ADES, Vantage JV to drill deepwater well for Dana Gas in Egypt

Posted: March 10, 2019 at 9:14 am   /   Oil & Gas

ADES International Holding has entered a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian sector of the Mediterranean Sea. Vantage’s Tungsten Explorer drillship will drill one firm well under the contract, with an option to drill a further three wells. The initial program is set to take 77 days to […]

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Ben Pomford

The Maersk Discoverer – Q&A with Ben Pomford, Head of Drilling Solutions

Posted: February 25, 2019 at 11:48 am   /   Oil & Gas

Ben Pomford, Head of Drilling Solutions at Maersk Drilling, spoke to Energy Egypt about the Maersk Discoverer’s operations in Egyptian waters. Q: The Maersk Discoverer is a semi-submersible, deep water, dynamically positioned, dual activity rig. How does this differentiate it from other types of offshore rigs?A: There are three common styles of offshore drilling rigs; […]

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MOP-Shell-WDDM

Egypt inks $1 billion WDDM exploration deal with Shell, Petronas

Posted: September 16, 2018 at 3:30 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation EGPC signed a deep-water oil and gas exploration agreement with Royal Dutch Shell and Malaysia’s Petronas worth around USD 1 billion, according to an Oil Ministry statement on Saturday. The agreement would see the two companies drill eight wells in the West Delta Deep Marine WDDM area in the Mediterranean […]

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Shell

Production at Shell’s West Nile Delta phase 9B gas field to begin in October

Posted: August 4, 2018 at 4:26 pm   /   Oil & Gas

Production of natural gas from two deepwater wells at Shell’s West Nile Delta field 9B in Egypt will begin in the first half of October, the country’s petroleum minister said on Friday. Tarek El Molla said in a statement the whole project, which includes several other wells being dug and linked to production, was set […]

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Shell planning for new deepwater drilling offshore Egypt

Posted: April 18, 2018 at 2:12 pm   /   Oil & Gas

As Shell steps up operations in Egypt, it is now also planning new deep-water exploration. Shell is ramping up in Egypt: Royal Dutch Shell PLC is planning new drilling in the deep-water offshore Egypt, as the oil major expands its operations in the country. The deep-water drill plans were revealed at a news conference, and, […]

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Zohr: Egypt’s megaproject holds a lot of promise

Posted: April 14, 2018 at 6:12 pm   /   Oil & Gas

Offshore Technology Focus: Zohr gas field – Egypt’s megaproject holds a lot of promise. Eni’s Zohr natural gas field began production at the end of 2017, taking advantage of a huge reserve in the Mediterranean Sea. Molly Lempriere asks, could this supergiant turn things around for Egypt’s struggling gas sector and bring the country closer […]

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Oxford Business Group: Egypt takes giant step towards energy independence

Posted: December 4, 2017 at 1:56 pm   /   Oil & Gas

Oxford Business Group: Progress on major gas projects to advance Egypt’s energy independence. A recently discovered gas field in Egypt – one of the world’s largest – is on track to begin production by the start of next year, which should quickly ease the country’s reliance on energy imports. The first flow of gas from […]

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ADES, Vantage Drilling JV to offer deepwater drilling services in Egypt

Posted: November 15, 2017 at 7:21 pm   /   Oil & Gas

Offshore driller Vantage Drilling has entered into a joint venture with ADES to provide deepwater drilling services in Egypt. In a statement on Wednesday, ADES said the alliance will benefit from Vantage’s deepwater drilling experience and ADES’ “leadership position” within the Egyptian offshore drilling market. The joint venture will operate Vantage’s deepwater drilling units in […]

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Wood Mackenzie: Gas mega-projects drive BP’s MENA growth

Posted: November 14, 2017 at 2:45 pm   /   Oil & Gas

MENA will constitute 38% of BP’s total production by 2025, compared to 27% currently. As part of the transition to a lower carbon world, gas is becoming an increasingly important component of the majors’ portfolios. Nowhere is this trend more visible than within BP’s Middle East and North Africa (MENA) portfolio. Using the Upstream Company […]

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