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Tag: Exploration

Egypt announces EGAS 2022 International Bid Round result with four blocks awarded

Posted: September 26, 2023 at 10:47 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources announced the results of the international bid round by the Egyptian Natural Gas Holding Company (EGAS) for the search and exploration of natural gas and crude oil in the Mediterranean Sea and Nile Delta regions, which closed in mid-July 2023. Four exploration areas were awarded, three of which […]

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Egypt launches 2023 International Oil & Gas Bid Round for 23 Blocks

Posted: September 25, 2023 at 7:15 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources has officially launched The 2023 Egyptian International Bid Round. The Bid Round is being offered by The Egyptian General Petroleum Corporation (EGPC) and South Valley Egyptian Petroleum Holding Company (GANOPE) ncluding 23 open blocks for Exploration in the Western Desert, Eastern Desert, Gulf of Suez and Red Sea. […]

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PGS Links Nile Delta, Herodotus Basin in New GeoStreamer Acquisition Offshore Egypt

Posted: August 19, 2023 at 10:31 am   /   Oil & Gas

PGS is bridging the gap between the renowned Nile Delta and the promising Herodotus Basin with the EGY23 Merneith survey offshore Egypt. The acquisition of fresh 3D GeoStreamer data in this deepwater area is expected to yield detailed insights into prospective opportunities in a region that has captured considerable industry attention of late. The Herodotus […]

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IPR

IPR Energy Discovers Oil in North Beni Suef Concession, Western Desert, Egypt

Posted: May 15, 2023 at 2:11 pm   /   Oil & Gas

Texas-based IPR Energy Group (“IPR”) announced the discovery of oil in its exploration concession North Beni Suef (NBS), where it operates the 5,060 km2 concession, located in Upper Egypt near Beni Suef. The first exploration well, NBS-1X, was drilled to a depth of 8,185 ft MD after a successful drilling campaign with a 1,500 hp […]

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lebanon

TotalEnergies-led consortium to start drilling offshore Lebanon in September

Posted: May 10, 2023 at 2:58 pm   /   Oil & Gas

TotalEnergies, Eni and QatarEnergy have assigned a rig for the offshore southern block and will start drilling for oil and gas off the coast of Lebanon later this year. A consortium led by TotalEnergies will start drilling for oil and gas off the coast of Lebanon at the beginning of September, the country’s caretaker energy minister […]

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Chevron

Chevron seeks drilling vessel to ramp up East Med exploration – reports

Posted: April 19, 2023 at 3:58 pm   /   Oil & Gas

Energy major Chevron is looking for a drilling vessel to explore for more natural gas off Cyprus, Egypt, and Israel to help fulfill increasing demand for energy in Europe and the region, Reuters reports, citing two unnamed sources. The company reportedly issued a tender to lease the vessel starting in 2024. Chevron is expanding in the region: The company is working […]

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Eni prepare to drill new Mediterranean exploration well at North East Hap’y concession

Posted: April 19, 2023 at 3:54 pm   /   Oil & Gas

Eni is preparing to start drilling an exploration well at its Mediterranean North East Hap’y concession in September, Al Mal reports, citing anonymous industry sources. One of the company’s operating companies in Egypt, the Belayim Petroleum Company (Petrobel),will handle the drilling of the Orion X1 well, which is expected to cost USD 130 mn, the newspaper’s sources say. Eni […]

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Neptune prepares for well on Yakoot gas prospect offshore Egypt

Posted: March 11, 2023 at 11:50 am   /   Oil & Gas

Neptune Energy provides offshore Egypt and Indonesia project updates in its full-year 2022 report. Neptune Energy expects to drill its first operated well this summer in Egypt’s North West El Amal concession in the southern Gulf of Suez. The well, targeting the Yakoot structural trap in shallow water, follows the acquisition of 3D seismic in 2020. […]

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Stena

Stena Drilling signs contract with Shell to drill 3 wells offshore Egypt

Posted: January 17, 2023 at 1:39 pm   /   Oil & Gas

NEW CONTRACT IN EGYPT FOR STENA FORTH: STENA DRILLING IS PLEASED TO ANNOUNCE THAT WE HAVE SIGNED A NEW CONTRACT WITH BG DELTA LIMITED & BG INTERNATIONAL LIMITED SUBSIDIARIES OF SHELL PLC (SHELL) FOR THE MOBILE OFFSHORE DRILLING UNIT (MODU) STENA FORTH. The operations for Stena Forth in Egypt are due to commence in 2023 upon completion of existing […]

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Eni announces New Gas Discovery in Eastern Mediterranean Sea, offshore Egypt

Posted: January 15, 2023 at 4:11 pm   /   Oil & Gas

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 […]

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