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Tag: Deep Water
Dana Gas

UAE’s Dana Gas abandons Merak well, hires adviser to sell Egypt assets

Posted: July 29, 2019 at 3:38 pm   /   Oil & Gas

United Arab Emirates’ Dana Gas has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale of its Egyptian assets, worth over $500 million, two sources familiar with the matter said, as the company shifts its focus to its Kurdistan operations. The Abu Dhabi-listed energy producer – whose main assets […]

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Peterson

Peterson, Pan Marine team up to support deepwater Merak well offshore Egypt

Posted: July 24, 2019 at 1:20 pm   /   Oil & Gas

Egypt-based Pan Marine and energy logistics provider Peterson have joined forces in the Egyptian market and their first contract was for the provision of supply base management in Abu Qir to end client Dana Gas. Peterson said that the service included logistics management for all supply base work at Abu Qir Port and the provision […]

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drilling

Edison to drill Ameeq deepwater prospect offshore Egypt this year

Posted: July 19, 2019 at 8:55 pm   /   Oil & Gas

Edison eyes Ameeq wildcat off Egypt this year. Italian player to drill probe on 2.8 Tcf prospect in North Thekah licence, acreage that has synergies with Edison’s adjacent Royee block off Israel Italy’s Edison E&P is set to spud a deepwater wildcat in November or December this year on a major gas prospect on its […]

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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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