GlobalData: EGPC saw highest number of oil & gas discoveries in Q3 2019
The Egyptian General Petroleum Corporation (EGPC) led globally among companies in Q3 2019 with the highest number of oil and gas discoveries, according to data and analysis company GlobalData. The company’s latest report, ‘Q3 2019 Global Oil and Gas Discoveries Review – South America and Europe Dominate with Highest Number of Discoveries in Quarter’, reveals […]
Shearwater GeoServices awarded 3D survey in Eastern Mediterranean
Shearwater GeoServices Holding AS (“Shearwater”) has been awarded a 3D seismic survey in the Eastern Mediterranean. The one-month survey will be executed in Q4 2019. “Shearwater has a long track record in the region, and we are pleased to return for this survey”, said Irene Waage Basili, the CEO of Shearwater GeoServices. “Our high-capacity seismic […]
Eni highlights 2019 exploration track record with six offshore discoveries
Eni delivered six offshore discoveries as operator during the first nine months of the year. According to the company’s latest results statement, three of the finds were in block 15/06 off Angola, bringing the number of new fields proven since exploration resumed on the block last year to five. Eni estimates the cumulative resources at […]
ADVantage to drill deepwater Nigma prospect offshore Egypt
ADES International Holding has won an order to drill its second deepwater well in the Egyptian sector of the Mediterranean Sea. ADVantage, the joint venture between ADES and Vantage Drilling International, will drill the Nigma-1 well for an unnamed IOC, using the drillship Tungsten Explorer. The program is set to last 73 days. The contract […]
Wintershall Dea wins two offshore blocks in Brazil’s 16th bidding round
Wintershall Dea was awarded offshore blocks S-M-766 and C-M-845 in Santos and Campos basins. The company is further strengthening its exploration portfolio in Brazil. In Brazil’s 16th Bidding Round for oil and gas exploration blocks, Wintershall Dea was awarded two offshore blocks in the Santos and Campos basins with its partners Chevron and Repsol. Hugo […]
Eni starts production of Baltim SW field offshore Egypt in record time
Eni successfully started-up production from the offshore Baltim South West gas field in Egypt. Discovered by Eni in June 2016, the field goes on-stream in a record time. It lies within the Great Nooros area in which Eni first recognised great gas production potential and where it is conducting other new exploration projects. Eni announces the […]
SDX Energy announces successful MSD-19 well in West Gharib Concession
SDX Energy, the North Africa focused oil and gas company, has announced that the MSD-19 development well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator) has encountered a commercial oil accumulation. The well was drilled to a total depth of 4,665 feet and encountered approximately 135 feet of net […]
Egypt’s Offshore Red Sea Oil & Gas exploration Bid Round closes today
The Red Sea oil and gas exploration tender ends today, with bids from major oil producers expected to be announced later. Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total have all reportedly bidding for 10 oil and gas exploration blocks off the Red Sea coast under a new production sharing contract, which were tendered […]
TGS, Schlumberger announce new Red Sea 3D Seismic Multi-Client Reimaging Project
TGS and Schlumberger today announced a new 3D seismic reimaging project in the Egyptian Red Sea. The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km² that was acquired between 1999 and 2008 – the only available 3D data in this part of the Red Sea. It includes the integration of […]
Apache JV Qarun Petroleum drilled 10 Western Desert exploration wells
Qarun Petroleum, a joint venture between Apache and the Egyptian General Petroleum Company, has drilled 10 exploratory wells in the Western Desert, producing a combined 5k bbl/d, the Oil Ministry said in a statement yesterday. This will account for 16% of the company’s total production. The company is now considering investing USD 237 million during […]
