Eni awarded five Exploration Licenses in Egypt 2021 Bid Round
The licenses are located in the Eastern Mediterranean Sea, Western Desert and Gulf of Suez Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive “Egypt International Bid […]
Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions
Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, the Oil Ministry said today. The licenses were awarded to Eni, BP, Apex International, Energean, United Energy, INA Naftaplin, and […]
Energean to increase natgas production through new Mediterranean wells
Energean expects to increase natgas production through new Mediterranean wells: The Greek energy firm sees new discoveries in its North Idku and North Amriya concessions adding 150 mn cubic feet of gas per day, according to a cabinet statement. The news came as Energean CEO Mathios Rigas discussed the company’s recent exploration activities in Egypt with Oil Minister Tarek El […]
Shell Egypt farms out 17% of two Red Sea offshore blocks to QatarEnergy
QatarEnergy teams up with Shell on two blocks offshore Egypt: Deal marks entry of Qatari giant into Egypt’s lucrative exploration sector. QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two exploration blocks offshore Egypt in the Red Sea. Under the terms of the agreements, which are subject to customary approvals […]
Energean signs Amendment Agreement for Egypt’s North Idku Concession
Amendment agreement of North Idku concession, issued by Law No. 143 of the year 2021 Energean Egypt Limited and Egyptian General Petroleum Corporation after the consent of his excellency minister of petroleum and mineral resources Eng. Tarel El Molla, signed the second amendment of the concession agreement for petroleum exploration and exploitation in North Idku […]
PXGEO awarded Egyptian Red Sea 3D towed streamer project for Q4 2021
PXGEO has been awarded a project in the Egyptian Red Sea. The project will commence in November 2021 with an approximate duration of four months and will be acquired by seismic vessel PXGEO 2. (Source: PXGEO)
Wintershall Dea making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects
Wintershall Dea, Europe’s leading independent oil and gas company, is making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects in North-Western Europe. Wintershall Dea’s portfolio of CCS and hydrogen projects is a crucial part of implementing the company’s Energy Transition Pathway (ETP). With the Energy Transition Pathway, Wintershall Dea set […]
TGS, Schlumberger announce new Red Sea 3D seismic survey offshore Egypt
TGS, in partnership with Schlumberger, has disclosed a new 3D seismic survey in the Red Sea, Egypt. The survey, covering approximately 6,800 square kilometres, will be acquired with long offsets and processed using a Pre-Stack Depth Migration (PSDM) workflow to enable subsalt imaging ahead of the anticipated license round. According to TGS, the final products […]
Shearwater introduces Harmony, a new seismic source technology for enhanced subsurface characterisation
Shearwater GeoServices Holding (Shearwater) is proud to present a new and exciting seismic source technology for marine surveys. The technology, known as Harmony, provides seismic surveys with enhanced low frequencies enabling better decisions for exploration, development, and carbon storage monitoring applications. The novel technology has multiple applications. It provides deeper seismic imaging, more realistic models […]
Shearwater awarded major 3D seismic exploration project in South Africa
Shearwater GeoServices has been awarded a major 3D seismic exploration project in South Africa. Shearwater GeoServices Holding AS (“Shearwater”) announces the award of a 3D seismic survey contract for acquisition in South Africa. The survey will acquire over 6,000 sqkm of 3D seismic data and be acquired by the Amazon Warrior. The project is planned […]
