Eni announces New Gas Discovery in Eastern Mediterranean Sea, offshore Egypt
Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered approximately 200 net feet (61 m) of Miocene and Oligocene gas bearing sandstones and was drilled in 1,014 feet (309 m) of water by the […]
Chevron signs agreement to drill first its exploration well in Egypt’s Mediterranean
US energy company Chevron is planning to drill the first exploration well in its concession area in the eastern Mediterranean next September, the firm’s president Mike Wirth said. The move comes as the Egyptian Natural Gas Holding Co., or EGAS, signed an initial agreement with the US company to cooperate in the activities of transporting, […]
Energean FPSO crossing marks ‘first-of-its-kind’ in Suez Canal history
Crossing of Energean Power FPSO marks ‘first-of-its-kind in history of Suez Canal’ Offshore Energy reported in early May that the Energean Power FPSO had left Sembcorp Marine’s Admiralty Yard in Singapore, heading to Israel. With this milestone achieved, Energean remained on track to deliver the first gas from the Karish project in 3Q 2022. In a social media update on […]
ExxonMobil to analyze Glaucus-2 natgas discovery offshore Cyprus
A consortium led by ExxonMobil Corp. will analyze data collected from the Glaucus-2 appraisal well in Block 10 of the Exclusive Economic Zone of the Republic of Cyprus. Drilling of the now completed well demonstrated the presence of a gas reservoir with high quality characteristics, according to the Cyprus Ministry of Energy, Trade, and Industry. This is […]
PGS releases new 3D GeoStreamer seismic data for Mediterranean Sea in Egypt
PGS has added five 3D seismic surveys to its data library offshore Egypt, to create new broadband 3D coverage of more than 18,700 sq km in recently awarded nearshore license blocks. Time-migrated data is available now, while final depth data will be ready in May 2022. The five surveys were acquired in 2021 by PGS, in collaboration with […]
Eni awarded five Exploration Licenses in Egypt 2021 Bid Round
The licenses are located in the Eastern Mediterranean Sea, Western Desert and Gulf of Suez Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive “Egypt International Bid […]
Egypt, Cyprus sign MoU to connect electricity grids via subsea cable
Egypt and Cyprus signed yesterday an MoU that would see them connect their electricity grids, Reuters reports. “Fortifying our electricity grids and allowing the further integration of renewables in our respective energy mix, enhancing the security of our energy supply and enabling us to become exporters of energy, are but a few of the tangible benefits,” Cyprus […]
Egypt, Greece sign deal for first subsea power link between Europe and Africa
Greece and Egypt on Thursday clinched an agreement that sets the stage for an undersea cable that will transmit power produced by renewables from North Africa to Europe, the first such infrastructure in the Mediterranean. Greek Energy Minister Kostas Skrekas and his Egyptian counterpart, Mohamed Shaker, signed a memorandum of understanding for the project at […]
Envoi assisting Dana Gas in farmout of North El Arish Concession offshore Egypt
Envoi has been commissioned by UAE based Dana Gas PJSC, to assist in its search for a drilling partner to join them in the exploration drilling of the huge Thuraya prospect, situated some 80 km offshore from the Egyptian coast in Dana Gas’ 100% owned North El Arish Concession (Block 6). This comprises a multi-Tcf […]
PGS’ MultiClient seismic reveals multiple opportunities offshore Egypt in 2021 licensing round
PGS has 3,400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round. This much-anticipated round extends exploration opportunities in one of Africa’s most prolific petroleum provinces. Prospectivity of the Area The Ministry of Petroleum recently announced an Egypt Offshore Licensing Round in a highly prospective area […]
