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Tag: Offshore
Chevron

Chevron signs agreement to drill first its exploration well in Egypt’s Mediterranean

Posted: June 22, 2022 at 11:19 am   /   Oil & Gas

US energy company Chevron is planning to drill the first exploration well in its concession area in the eastern Mediterranean next September, the firm’s president Mike Wirth said.  The move comes as the Egyptian Natural Gas Holding Co., or EGAS, signed an initial agreement with the US company to cooperate in the activities of transporting, […]

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Shearwater Pearl

Shearwater GeoServices changes the rules for ocean bottom seismic with introduction of Pearl

Posted: June 9, 2022 at 3:21 pm   /   Oil & Gas

Shearwater GeoServices (Shearwater) is pleased to announce the launch of Pearl, a significant advance in ocean bottom nodal technology with several industry-first innovations. The Pearl node offers a new standard for time and cost efficiency which expands the potential ocean bottom seismic market, enabling solutions to geoscience challenges that were previously not possible. Pearl is […]

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Energean-Power-FPSO-source-Suez-Canal-Authority

Energean FPSO crossing marks ‘first-of-its-kind’ in Suez Canal history

Posted: June 4, 2022 at 12:28 pm   /   Oil & Gas

Crossing of Energean Power FPSO marks ‘first-of-its-kind in history of Suez Canal’ Offshore Energy reported in early May that the Energean Power FPSO had left Sembcorp Marine’s Admiralty Yard in Singapore, heading to Israel. With this milestone achieved, Energean remained on track to deliver the first gas from the Karish project in 3Q 2022. In a social media update on […]

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Shell subsidiary BG Egypt acquires 100% stake in ExxonMobil’s North East El Amriya offshore block

Posted: May 18, 2022 at 7:42 pm   /   Oil & Gas

SHELL STRENGTHENS ITS OFFSHORE POSITION IN EGYPT’S NILE DELTA – ACQUIRES OFFSHORE BLOCK 3 BG International Limited., a subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with ExxonMobil Egypt (Upstream) Limited to acquire a 100% stake in the ExxonMobil-operated North East El-Amriya Offshore Area, Mediterranean Sea – also known as Block 3. On […]

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RedSea-TGS

TGS Announces a Second 3D Multi-Client Seismic Survey in Egypt’s Red Sea

Posted: April 6, 2022 at 4:59 pm   /   Oil & Gas

TGS, a global provider of energy data and intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger. This survey represents the second phase of new acquisition for the partners in this region and will encompass a minimum of 5,000 square kilometers. Data will be acquired with long […]

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North Marakia

ExxonMobil, QatarEnergy sign farm out for North Marakia block offshore Egypt

Posted: March 30, 2022 at 7:41 pm   /   Oil & Gas

ExxonMobil signed an agreement to farm out working interest in the North Marakia exploration block offshore Egypt to QatarEnergy. Subject to customary approvals by the government of Egypt, QatarEnergy will hold a 40% working interest in the North Marakia Offshore Block in the Mediterranean Sea, An ExxonMobil affiliate will remain operator with 60% interest. The […]

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ExxonMobil

ExxonMobil to analyze Glaucus-2 natgas discovery offshore Cyprus

Posted: March 28, 2022 at 12:40 pm   /   Oil & Gas

A consortium led by ExxonMobil Corp. will analyze data collected from the Glaucus-2 appraisal well in Block 10 of the Exclusive Economic Zone of the Republic of Cyprus. Drilling of the now completed well demonstrated the presence of a gas reservoir with high quality characteristics, according to the Cyprus Ministry of Energy, Trade, and Industry. This is […]

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Snam

Snam joining Eni in Mediterranean gas trunkline system

Posted: March 16, 2022 at 10:27 pm   /   Oil & Gas

Eni has agreed to sell Snam a 49.9% stake in companies operating two pipeline systems taking gas from Algeria to Italy. These comprise the offshore gas pipelines from the Tunisian coast to Italy and the onshore gas pipelines from the Algeria and Tunisia borders to the Tunisia coast. Under the agreement, Eni will transfer its […]

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Shearwater

Shearwater GeoServices awarded 4D Ocean Bottom Seismic survey by Lundin Energy Norway

Posted: March 3, 2022 at 11:38 am   /   Oil & Gas

Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a 4D Ocean Bottom Seismic (“OBS”) survey at the Edvard Grieg field for Lundin Energy Norway. The SW Cook and SW Tasman will conduct the one-and-a-half-month project (3 vessel months) in the North Sea during the 2022 summer season using its Qseabed crews. […]

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TGS

TGS more than halfway through Egyptian Red Sea 3D survey

Posted: February 28, 2022 at 11:35 am   /   Oil & Gas

Norwegian seismic player TGS, in partnership with Schlumberger, has acquired over 50% of the 3D survey over the northern portion of the Egyptian Red Sea. TGS said that the company and Schlumberger are very pleased with the preliminary results of the survey exploring Red Sea hydrocarbon prospectivity. The final processed dataset from this industry-funded survey […]

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