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Tag: Exploration
2021 BidRound Map

Egypt launches O&G Bid Round for 24 blocks on new EUG digital platform

Posted: February 18, 2021 at 6:48 pm   /   Oil & Gas

Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks. The round, which concludes on Aug. 1, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez, an oil ministry source told Reuters. Egypt […]

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Tarek El Molla

Egypt poised to launch new Oil & Gas Licensing Round – Upstream Online

Posted: February 10, 2021 at 2:25 pm   /   Oil & Gas

Offshore and onshore acreage set to go up for grabs in latest bid exercise: Egypt is expected to soon launch a new exploration bid round, offering additional onshore and offshore oil and gas tracts across the country. (Source: Upstream Online)

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MEES Exxon Mobil

MEES: ExxonMobil eyes partnerships in Egypt’s offshore Mediterranean

Posted: January 31, 2021 at 3:48 pm   /   Oil & Gas

ExxonMobil is looking for partners to help move forward its East Mediterranean expansion after snagging large blocks off Egypt over the last two years. Farm down talks have focused on Shell, Equinor and, most intriguingly, Qatar Petroleum. US major ExxonMobil is looking for partners at its three recently-acquired exploration blocks in Egypt’s Mediterranean offshore. Fellow […]

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Gulf Intelligence

El Molla: New Oil & Gas exploration tenders coming soon

Posted: January 31, 2021 at 2:10 pm   /   Oil & Gas

Energy companies will get a chance to get their hands on new onshore and offshore exploration blocks within two weeks, when state-owned EGPC and EGAS will launch a new oil and gas exploration tender, Oil Minister Tarek El Molla told Gulf Intelligence. The tender will include offshore blocks in the Mediterranean and Nile Delta, as […]

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Mubadala

Mubadala joining Shell in Egypt’s Red Sea Block 4 exploration

Posted: January 23, 2021 at 8:19 pm   /   Oil & Gas

Egypt’s Minister of Petroleum and Mineral Resources has signed a concession agreement with Mubadala Petroleum for oil and gas exploration activities in Red Sea block 4. The 3,084-sq km (1,191-sq mi) concession, owned by the South Valley Egyptian Petroleum Holding Company (Ganope), was awarded under Egypt’s 2019 Red Sea Licensing Round. Block 4 is in […]

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Red Sea

Shell Egypt signs exploration agreement for offshore Red Sea Block 4

Posted: January 21, 2021 at 2:44 pm   /   Oil & Gas

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, signed a new agreement with Shell Egypt to exploration for oil and gas in concession area (4), in the deep waters of the Red Sea, affiliated to Ganoub El Wadi Petroleum Holding Company (Ganope) with an estimated area of 3084 square kilometers. The share of […]

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ExxonMobil

ExxonMobil Egypt inks Star Offshore concession agreement with EGAS

Posted: January 6, 2021 at 3:20 pm   /   Oil & Gas

ExxonMobil Egypt signed a contract to acquire a concession of more than 4,000 square kilometers in the Stare marine are in the Arab republic, according to a January 4th emailed press release. The agreement was signed with the Egyptian Natural Gas Holding Company (EGAS), in cooperation with petroleum firm Tharwa. Under the deal, ExxonMobil will […]

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Total

Total enters a new operated exploration permit offshore Egypt

Posted: January 4, 2021 at 1:24 pm   /   Oil & Gas

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea. This exploration block covers an area of […]

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Shell Khaled Kassem

Shell Egypt signs two PSC agreements for Red Sea, West Mediterranean Blocks

Posted: January 4, 2021 at 1:18 pm   /   Oil & Gas

Dutch Shell has signed two production-sharing contracts (PSC) with the Ministry of Petroleum and Mineral Resources in the marine concession areas and deep water in the Red Sea region (Block 3) with an area of 3097 square kilometers, and in the Western Mediterranean region a 30% share of the exploration sector north of Ras Kanayis, […]

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shearwater

Shearwater GeoServices awarded new 3D seismic survey in EAME region

Posted: October 24, 2020 at 1:04 pm   /   Oil & Gas

Seismic exploration company Shearwater GeoServices has landed a deal for large 3D seismic acquisition and depth processing. According to the company, the work scope is in the Europe, Africa and Middle East (EAME) region. The survey, for an undisclosed national oil company, should take six months to complete. Financial details surrounding the deal have also […]

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