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Tag: Exploration
Total

Total considers expanding exploration in West Mediterranean, Red Sea

Posted: June 16, 2019 at 1:23 pm   /   Oil & Gas

French energy giant Total is considering bidding for new oil and gas exploration concessions in Egypt’s Mediterranean and Red Sea territories, chairman and CEO Patrick Pouyanne told Oil Minister Tarek El Molla in a meeting yesterday, Al Shorouk reports. The company is also looking at increasing investments in expanding fuel stations and fuel transportation. (Source: Enterprise.press)

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West Med

Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020

Posted: May 30, 2019 at 12:15 pm   /   Oil & Gas

EGAS plans fresh WestMed gas exploration tender: The Egyptian Natural Gas Holding Company (EGAS) plans to put some 11 natural gas exploration blocks in the western Mediterranean up for auction by 1Q2020, a source from the company told Al Shorouk. EGAS has finalized studies and seismic scans, and is waiting for the Oil Ministry to […]

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Red Sea

August cut-off point for Egypt’s Red Sea Offshore Bid Round

Posted: May 11, 2019 at 10:31 pm   /   Oil & Gas

Egypt’s Ministry of Petroleum and Mineral Resources is offering 10 exploration blocks in the Red Sea close to established hydrocarbon production. Closing date for submission of bids is Aug. 1. TGS is supporting the licensing round by making available the following data: 10,318 km (6,411 mi) of Red Sea ’18 (RS18) 2D long-offset broadband seismic, PSTM/PSDM) >16,500 […]

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South Ramadan

SDX well finds oil in Gulf of Suez South Ramadan concession

Posted: March 25, 2019 at 1:58 pm   /   Oil & Gas

Last year’s SRM-3 appraisal well on the South Ramadan concession in the Gulf of Suez encountered hydrocarbons, according to partner SDX Energy. On the way to the TD of 15,635 ft (4,766 m), the well intersected 75 ft (23 m) of net conventional oil pay in the primary target Matulla section; 20 ft (6.1 m) […]

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egypt-offshore-eni-blocks-sep18

Eni announces new gas discovery in Nour prospect offshore Egypt

Posted: March 14, 2019 at 10:31 pm   /   Oil & Gas

Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in Eastern Egyptian Mediterranean. Feasibility studies in order to accelerate the exploitation of these new resources leveraging the synergies with existing facilities will start after finalizing the discovery evaluation. Eni announces a new gas discovery under evaluation in the Nour exploration […]

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Red Sea

Egypt launches 2019 Bid Round for Red Sea Oil & Gas Exploration

Posted: March 10, 2019 at 2:00 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources of Egypt (M.O.P) invite international qualified and interested companies having the technical and financial capabilities for an International Bid Round to explore and exploit oil and gas in offshore Egyptian Red Sea based on PRODUCTION SHARING AGREEMENT (P.S.A). South Valley Egyptian Petroleum Holding Company (Ganope) is the entity […]

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Vantage

ADES, Vantage JV to drill deepwater well for Dana Gas in Egypt

Posted: March 10, 2019 at 9:14 am   /   Oil & Gas

ADES International Holding has entered a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian sector of the Mediterranean Sea. Vantage’s Tungsten Explorer drillship will drill one firm well under the contract, with an option to drill a further three wells. The initial program is set to take 77 days to […]

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ONS

Seismic reveals Offshore N Sinai has 2.3 bcf potential gas reserves – EKH

Posted: March 3, 2019 at 11:53 am   /   Oil & Gas

Egyptian Kuwaiti Holding Subsidiary Offshore North Sinai Reveals Potential Natural Gas Reserves of 2,352 bcf. Analysis conducted by WesterGeco of the concession’s 3D seismic survey identifies several geological layers containing potential gas and condensate reserves at various depths, including 821 bcf in shallow- layer reserves and 1,531 bcf in deep-layer estimates. Egypt Kuwait Holding Company, […]

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BR-Result

EGAS, EGPC 2018 Bid Rounds results announced with 12 blocks awarded

Posted: February 13, 2019 at 3:10 am   /   Oil & Gas

Shell wins big in Egypt: Supermajor lands five blocks in latest bid round, while ExxonMobil makes debut. Royal Dutch Shell, Eni, BP and Exxon Mobil were among the winners in one of Egypt’s largest ever oil and gas exploration tenders on Tuesday, as the country looks to sustain an investment upswing spurred by major discoveries. […]

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DEA

DEA awarded new exploration licence in the Nile Delta Onshore Egypt

Posted: February 13, 2019 at 3:03 am   /   Oil & Gas

German upstream company is back to exploration in Egypt! The Egyptian Natural Gas Holding Company (EGAS) has awarded one new licence to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 square kilometres and is located west of the Disouq development leases, where DEA is […]

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