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Tag: Exploration
WestMed MEES

Egypt agrees with five majors on West Mediterranean exploration

Posted: February 16, 2020 at 2:09 pm   /   Oil & Gas

Egypt agrees with five energy firms on exploration in Mediterranean: minister. Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal […]

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Exxonmobil

MEES: Stars align as ExxonMobil hikes up its commitment in Egypt

Posted: February 15, 2020 at 3:32 pm   /   Oil & Gas

Twelve months on from taking its first acreage in Egypt, US major ExxonMobil has now snapped up two more blocks in the country’s offshore Mediterranean. A year ago at the Egypt Petroleum Show (EGYPS) in Cairo oil minister Tarek El Molla proudly announced that US major ExxonMobil was finally entering Egypt. Since then, the firm […]

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SDX

SDX spuds Salah well at South Disouq concession onshore Egypt

Posted: February 15, 2020 at 3:00 pm   /   Oil & Gas

SDX looks to uncover Egyptian riches with Salah well: Exploration well targeting an estimated 71 billion cubic feet of gas equivalent. London-listed company SDX Energy has spud a well on the Salah prospect at the onshore South Disouq concession in Egypt. A two well programme has the potential to double the scope of the current […]

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Energean CEO

Edison starts deepwater exploratory drilling for gas in Egypt; Energean CEO

Posted: February 15, 2020 at 2:48 pm   /   Oil & Gas

Italian energy group Edison has begun drilling an exploratory well in deepwater acreage in Egypt, not far from other giant east Mediterranean gas fields, the CEO of Israel-focused gas driller Energean said on Wednesday. Energean is in the process of taking over Edison’s Egyptian assets in a deal reached last year. “We’re drilling right now […]

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West Med

Egypt set to award majors seven West Mediterranean offshore blocks

Posted: February 13, 2020 at 2:02 pm   /   Oil & Gas

Majors set to land frontier offshore Egypt blocks. Cairo administration readies award of seven tracts as part of new exploration push in region. Egypt is on the verge of awarding seven blocks in frontier areas of the western part of its Mediterranean Sea waters to supermajors. (Source: Upstream Online)

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Neptune North-West-El-Amal

Neptune Energy signs operated exploration licence offshore Egypt

Posted: February 13, 2020 at 1:57 pm   /   Oil & Gas

Neptune Energy signed an operated exploration licence with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal Offshore Concession, underlining the company’s commitment to growing its presence in North Africa, an important region for the business. Neptune will acquire 100 km2 of 3D seismic data and drill one exploration well in the first […]

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Wintershall DEA East Damanhour

Wintershall Dea signs concession agreement for East Damanhour exploration onshore Egypt

Posted: February 10, 2020 at 3:59 pm   /   Oil & Gas

Exploration at East Damanhour to start in 2020. Great potential seen in East Med region. CEO Mario Mehren to participate in a Global Business Leaders panel session. On the eve of the Egypt Petroleum Show 2020 (EGYPS 2020), Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for […]

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Exxon

Egypt, ExxonMobil sign two offshore Mediterranean exploration agreements

Posted: January 29, 2020 at 1:28 pm   /   Oil & Gas

Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday.  The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1.7 million acres last month.  The first agreement is […]

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North Thekah

Edison spuds Ameeq-1X well at its North Thekah concession offshore Egypt

Posted: January 21, 2020 at 4:04 pm   /   Oil & Gas

North Thekah ( Ameeq – 1X ) Drilling Announcement: Edison Exploration and Production announces the spud, on the 18th of January 2020, of a first exploration well in its North Thekah concession located in the Egyptian Eastern Mediterranean waters. Edison Exploration and Production hold a 100 percent working interest in this concession. The operation for […]

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West Med

Egypt to directly award West Mediterranean O&G exploration rights

Posted: January 20, 2020 at 4:08 pm   /   Oil & Gas

Egypt will directly award contracts for oil and gas exploration blocks in the Western Mediterranean to companies equipped to drill in deep water, Oil Minister Tarek El Molla told CNBC Arabia. The government plans to offer some concessions through bid rounds, but the priority is to select companies with advanced technology to drill in the […]

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