August cut-off point for Egypt’s Red Sea Offshore Bid Round
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 […]
SDX well finds oil in Gulf of Suez South Ramadan concession
Last year’s SRM-3 appraisal well on the South Ramadan concession in the Gulf of Suez encountered hydrocarbons, according to partner SDX Energy. On the way to the TD of 15,635 ft (4,766 m), the well intersected 75 ft (23 m) of net conventional oil pay in the primary target Matulla section; 20 ft (6.1 m) […]
Eni announces new gas discovery in Nour prospect offshore Egypt
Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in Eastern Egyptian Mediterranean. Feasibility studies in order to accelerate the exploitation of these new resources leveraging the synergies with existing facilities will start after finalizing the discovery evaluation. Eni announces a new gas discovery under evaluation in the Nour exploration […]
Egypt launches 2019 Bid Round for Red Sea Oil & Gas Exploration
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 […]
ADES, Vantage JV to drill deepwater well for Dana Gas in Egypt
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 […]
Seismic reveals Offshore N Sinai has 2.3 bcf potential gas reserves – EKH
Egyptian Kuwaiti Holding Subsidiary Offshore North Sinai Reveals Potential Natural Gas Reserves of 2,352 bcf. Analysis conducted by WesterGeco of the concession’s 3D seismic survey identifies several geological layers containing potential gas and condensate reserves at various depths, including 821 bcf in shallow- layer reserves and 1,531 bcf in deep-layer estimates. Egypt Kuwait Holding Company, […]
EGAS, EGPC 2018 Bid Rounds results announced with 12 blocks awarded
Shell wins big in Egypt: Supermajor lands five blocks in latest bid round, while ExxonMobil makes debut. Royal Dutch Shell, Eni, BP and Exxon Mobil were among the winners in one of Egypt’s largest ever oil and gas exploration tenders on Tuesday, as the country looks to sustain an investment upswing spurred by major discoveries. […]
DEA awarded new exploration licence in the Nile Delta Onshore Egypt
German upstream company is back to exploration in Egypt! The Egyptian Natural Gas Holding Company (EGAS) has awarded one new licence to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 square kilometres and is located west of the Disouq development leases, where DEA is […]
Eni’s offshore Nour one of six high-impact wells to watch – Wood Mackenzie
Consultant identifies six high-impact wells to watch. Latin American offshore plays will account for one-third of the large prospects due to be drilled globally this year, according to Wood Mackenzie. Potentially giant reservoirs off Brazil, Guyana, and Mexico will attract the highest investment. Dr Andrew Latham, vp, Global Exploration at Wood Mackenzie, said: “We expect […]
Pico hits oil pay in South Ramadan concession offshore Egypt
Pico Oil has encountered oil pay at its well located in the South Ramadan concession offshore Egypt. The South Ramadan Concession is located offshore in the Gulf of Suez. SDX Energy is a 12.75% equity owner in the concession with Pico holding 37.5% and operatorship and GPC holding the remaining 50%. SDX Energy said on […]
