Egypt announces EGAS 2022 International Bid Round result with four blocks awarded
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 […]
Egypt launches 2023 International Oil & Gas Bid Round for 23 Blocks
The Ministry of Petroleum and Mineral Resources has officially launched The 2023 Egyptian International Bid Round. The Bid Round is being offered by The Egyptian General Petroleum Corporation (EGPC) and South Valley Egyptian Petroleum Holding Company (GANOPE) ncluding 23 open blocks for Exploration in the Western Desert, Eastern Desert, Gulf of Suez and Red Sea. […]
Shell sells minority stake in offshore Mediterranean block to Kuwait’s Kufpec
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, […]
PGS Links Nile Delta, Herodotus Basin in New GeoStreamer Acquisition Offshore Egypt
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 […]
TWMA awarded $15m contract by bp for WND, END Projects in Egypt
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 […]
Shell, Partners to Develop Phase 10 in Egypt’s West Delta Deep Marine (WDDM) Concession
Development of tenth phase of WDDM concession to commence in Q4/2023, with first gas output expected in 2024 Shell Egypt (BG Delta Limited) a subsidiary of Shell plc., and its partners; the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas signed an agreement to commence development of the tenth […]
Neptune Energy updates Egypt, North Sea, Indonesia drilling schedule
Neptune Energy expects the Gudrun Field electrification project in the Norwegian North Sea to start up in the fourth quarter, the company said in its latest results statement. The Statoil-operated platform will receive power from shore via a connection to facilities serving fields in the Utsira High area. Later this year Neptune plans to drill […]
TotalEnergies-led consortium to start drilling offshore Lebanon in September
TotalEnergies, Eni and QatarEnergy have assigned a rig for the offshore southern block and will start drilling for oil and gas off the coast of Lebanon later this year. A consortium led by TotalEnergies will start drilling for oil and gas off the coast of Lebanon at the beginning of September, the country’s caretaker energy minister […]
Subsea Integration Alliance awarded bp WND tie-back contract offshore Egypt
Subsea 7 has announced the award of a substantial contract to Subsea Integration Alliance(1) by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt. The contract scope is for a two-well tie-back in the West Nile Delta block and includes the engineering, procurement, transport and installation of approximately six kilometres of flexible […]
Chevron seeks drilling vessel to ramp up East Med exploration – reports
Energy major Chevron is looking for a drilling vessel to explore for more natural gas off Cyprus, Egypt, and Israel to help fulfill increasing demand for energy in Europe and the region, Reuters reports, citing two unnamed sources. The company reportedly issued a tender to lease the vessel starting in 2024. Chevron is expanding in the region: The company is working […]
