Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020
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 […]
Maersk Drilling secures work for three offshore rigs
Maersk Drilling has signed two new contracts and one contract extension since the end of 1Q 2019. One firm three-year contract is with Inpex Australia for the ultra-deepwater semisubmersible Mærsk Deliverer, starting in 2Q 2020, with two one-year extension options. Value of the firm period is $300 million, equivalent to a day rate of $266,200. […]
August cut-off point for Egypt’s Red Sea Offshore Bid Round
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 […]
Maridive & Oil Services secures new contract in Mexico worth $27 million
The contract will serve to diversify the Group’s revenue streams and bolster its growing backlog. Maridive & Oil Services Co., one of the largest private offshore marine and oil support services providers in the MENA region by number of vessels, announced today that the Group’s Marine Division has secured a new contract in Mexico for […]
Sapura Energy secures Gulf of Suez work offshore Egypt
Sapura Offshore Sdn Bhd has received a subcontract from Pan Marine Petroleum Services Co. The work scope includes the installation of six new subsea pipelines in the Gulf of Suez for the Gulf of Suez Petroleum Co., a joint venture between BP plc and Egyptian General Petroleum Corp., the national oil company. Works will be […]
Rovco expands in Egypt with new partner Drexel Marine
Rovco has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt. The deal will see the Bristol-headquartered firm offer its range of advanced subsea services to companies in Egypt, as part of a plan to increase business in the region over the next five years. Through the strategic […]
Fugro expands offshore and onshore services in Egypt with new hub
Fugro has opened new premises in Egypt as it expands its site characterisation and asset integrity services for offshore and onshore projects and infrastructure in the region. The new Cairo facilities support Fugro’s integrated site investigation services for major civil infrastructure projects. Located in the industrial zone of Zahraa Al Maadi in Cairo, the purpose-built […]
Aker Solutions delivers largest ever umbilicals system to Zohr gas field
Aker Solutions recently delivered 280 kilometers of steel-tube umbilicals to Petrobel for the Zohr gas field offshore Egypt, the largest umbilicals system ever. Pictures from the load-out from Aker’s manufacturing facility in Moss, Norway. Umbilical systems are full service connections used to transport data, power and liquids between oil and gas installations on the seafloor […]
SDX well finds oil in Gulf of Suez South Ramadan concession
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) […]
Eni announces new gas discovery in Nour prospect offshore Egypt
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 […]
