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Tag: Mediterranean

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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Shell sells minority stake in offshore Mediterranean block to Kuwait’s Kufpec

Posted: September 21, 2023 at 12:29 pm   /   Oil & Gas

Kufpec gets a slice of Shell’s Mediterranean block: Kuwait Foreign Petroleum Exploration Company (Kufpec) will acquire a 40% stake in Shell’s North East El Amriya concession area — also known as Block 3 – in the Mediterranean Sea, the companies said in a joint statement on Wednesday. The farm out agreement is pending approval from the government and regulators, […]

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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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TWMA awarded $15m contract by bp for WND, END Projects in Egypt

Posted: August 16, 2023 at 3:03 pm   /   Oil & Gas

TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt. The drilling waste management specialist will utilise its award-winning RotoMill drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in the Mediterranean […]

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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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Saipem completes all Zohr planning and development phases

Posted: April 8, 2023 at 4:31 pm   /   Oil & Gas

Saipem oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea pipelines transporting gas to ground handling facilities in Port Said. The Saipem project team oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea […]

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IEG: K.EY – The Energy Transition Expo; A Conferences Programme with an International Scope

Posted: March 20, 2023 at 1:54 pm   /   Renewables

The first K.EY ENERGY SUMMIT between the main Italian associations of the sector and the Government and the 1st Report on the production geography of renewables in Italy are scheduled Dozens of events, defined by the Technical Scientific Committee in collaboration with the most important national and foreign Associations, which will feature authoritative speakers and lecturers from […]

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IEG: At K.EY – The Energy Transition Expo; Innovation & Sustainability Take Centre Stage in Start-Up & Scale-Up Innovation Area

Posted: March 15, 2023 at 10:34 pm   /   Renewables

Thirty Italian and international Start-ups and young green companies present products, services and innovative technologies related to the energy transition The energy transition meets innovation and lands at K.EY – The Energy Transition Expo, the first stand-alone edition of IEG’s (Italian Exhibition Group) reference event in Italy, Africa and in the Mediterranean region on energy transition, scheduled at the Rimini […]

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Energean confirms first gas from North El Amriya & North Idku, offshore Egypt

Posted: March 10, 2023 at 1:26 pm   /   Oil & Gas

Energean has confirmed that first gas has been safely delivered at North El Amriya and North Idku (‘NEA/NI’), offshore Egypt. Highlights: The NEA/NI development, located in shallow water, offshore Egypt, contains an estimated 39 mmboe[1] of 2P reserves (88% gas) with net working interest production expected to peak at 15 – 20 kboed (88% gas) in 2024. The development leverages existing […]

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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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