Newsletter subscribe
Tag: Exploration
Eni

Eni awarded five Exploration Licenses in Egypt 2021 Bid Round

Posted: January 15, 2022 at 9:21 pm   /   Oil & Gas

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 […]

No Comments read more
Bid Round Result

Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions

Posted: January 3, 2022 at 8:31 pm   /   Oil & Gas

Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, the Oil Ministry said today. The licenses were awarded to Eni, BP, Apex International, Energean, United Energy, INA Naftaplin, and […]

No Comments read more
QatarEnergy-Shell-Egypt

Shell Egypt farms out 17% of two Red Sea offshore blocks to QatarEnergy

Posted: December 13, 2021 at 8:31 pm   /   Oil & Gas

QatarEnergy teams up with Shell on two blocks offshore Egypt: Deal marks entry of Qatari giant into Egypt’s lucrative exploration sector. QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two exploration blocks offshore Egypt in the Red Sea. Under the terms of the agreements, which are subject to customary approvals […]

No Comments read more
Red Sea

TGS, Schlumberger announce new Red Sea 3D seismic survey offshore Egypt

Posted: October 29, 2021 at 8:47 pm   /   Oil & Gas

TGS, in partnership with Schlumberger, has disclosed a new 3D seismic survey in the Red Sea, Egypt. The survey, covering approximately 6,800 square kilometres, will be acquired with long offsets and processed using a Pre-Stack Depth Migration (PSDM) workflow to enable subsalt imaging ahead of the anticipated license round. According to TGS, the final products […]

No Comments read more
Shearwater Harmony

Shearwater introduces Harmony, a new seismic source technology for enhanced subsurface characterisation

Posted: October 20, 2021 at 2:53 pm   /   Oil & Gas

Shearwater GeoServices Holding (Shearwater) is proud to present a new and exciting seismic source technology for marine surveys. The technology, known as Harmony, provides seismic surveys with enhanced low frequencies enabling better decisions for exploration, development, and carbon storage monitoring applications. The novel technology has multiple applications. It provides deeper seismic imaging, more realistic models […]

No Comments read more
Shearwater

Shearwater awarded major 3D seismic exploration project in South Africa

Posted: October 18, 2021 at 11:58 pm   /   Oil & Gas

Shearwater GeoServices has been awarded a major 3D seismic exploration project in South Africa. Shearwater GeoServices Holding AS (“Shearwater”) announces the award of a 3D seismic survey contract for acquisition in South Africa. The survey will acquire over 6,000 sqkm of 3D seismic data and be acquired by the Amazon Warrior. The project is planned […]

No Comments read more
Pharos

Pharos Energy drills production well in Egypt’s Western Desert

Posted: June 13, 2021 at 3:13 pm   /   Oil & Gas

Pharos Energy PLC drilled a production well in the El Fayum concession in Egypt’s Western Desert. The Batran-1X commitment exploration well was drilled on a fault-bounded and three-way-closed dip prospect 4 km west of the Main Tersa-1X well. The well reached total depth on June 4 and encountered 52 ft (15.85m) of net oil pay […]

No Comments read more
Shearwater

Shearwater GeoServices commences second phase of Mid North Sea High 3D Survey for ION Geophysical

Posted: June 5, 2021 at 12:25 pm   /   Oil & Gas

Shearwater GeoServices Holding AS (“Shearwater”) has commenced the second and significantly larger phase of ION Geophysical’s (ION) 11,000 sqkm UK Mid North Sea High 3D seismic survey program using the Oceanic Vega. The Mid North Sea High’s proximity to shore and existing energy infrastructure supports lower development costs, making it an attractive development region for […]

No Comments read more
PGS

PGS, ION complete 3D survey for Shell in Egypt’s Mediterranean

Posted: June 2, 2021 at 2:34 pm   /   Oil & Gas

PGS and ION successfully complete Shell Egypt survey with ELO survey design and Gemini source technology PGS and ION Geophysical have announced the successful completion of a survey offshore Egypt acquired on behalf of Shell with an innovative Extended Long Offset (ELO) design in combination with ION’s Gemini™ source technology. This is the last in […]

No Comments read more
Dana

Envoi assisting Dana Gas in farmout of North El Arish Concession offshore Egypt

Posted: June 2, 2021 at 2:23 pm   /   Oil & Gas

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 […]

No Comments read more