Eni: Bashrush discovery offshore Egypt tested with success
Eni: Bashrush discovery, in North El Hammad concession in Mediterranean Sea of Egypt, tested with success. Eni (as the Operator of the Block), bp and Total (as Contractor members) have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta. […]
MEES: Chevron arrows in on East Med with $5bn Noble Energy takeover
US major Chevron is expanding in the “prolific Eastern Med” with the $5bn acquisition of compatriot Noble Energy. The highlight of the deal is a 40% operator’s stake in the region’s largest gas field, Israel’s 23tcf Leviathan. Just six months after dipping its toe into the East Mediterranean with its first Egypt block, US major […]
Chevron agrees to acquire Noble Energy in $13 billion deal
Chevron has entered an agreement to acquire Noble Energy under an all-stock transaction valued at $13 billion. Noble will add low-cost, proved reserves and attractive undeveloped resources to the group’s upstream portfolio, including low-capital, cash-generating assets offshore Israel, strengthening Chevron’s position in the Eastern Mediterranean. Offshore West Africa, Noble has producing interests in Equatorial Guinea […]
Nile Delta’s Bashrush gas well reserves estimated to be 250 bn cubic feet
(Photo Courtesy of MEES) Reserves at the Bashrush exploration well in the Nile Delta have been estimated to be around 250 bn cubic feet of natural gas, Masrawy reports, citing an unnamed official at the Egyptian Natural Gas Holding Company (EGAS). Italy’s Eni began production tests at the well earlier this month with partners BP […]
MEES: Egypt bags all five Supermajors with key West Mediterranean awards
Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and BP joining Exxon in bagging key frontier West Mediterranean acreage. Cairo moved closer this week to officially announcing the award of at least six offshore blocks located […]
Eni makes new gas discovery in Mediterranean Sea offshore Egypt
Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called “Great Nooros Area”. Eni (as […]
Frontier LIVE to Showcase Somalia’s First Offshore Licensing Round
Frontier is pleased to announce that H.E Abdirashid Mohamed Ahmed, Minister of Petroleum & Mineral Resources of the Federal Republic of Somalia will join Frontier LIVE next week in a unique interactive session on this exciting, emerging play in East Africa; Somalia’s First Offshore Licensing Round. Seven blocks are on offer in the country’s offshore. The country offers a “highly prospective frontier […]
Energean completes Karish pipelay and subsea systems installation
Karish pipe laying and subsea systems installation completed – Karish Development c. 80% physically completed Energean plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. Energean’s partner, TechnipFMC, has successfully completed on time the laying […]
Cheiron sees first oil from Geisum appraisal well in Egypt’s Gulf of Suez
PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal well GNN-4 in the Geisum Concession in Egypt’s Gulf of Suez. The Geisum Concession is located offshore Egypt in the Southern Gulf of Suez in shallow waters with a depth ranging from 30 to 200 feet, covering an area […]
Shelf Drilling receives early termination of jack-up contract offshore Egypt
Shelf Drilling hit by another early termination of jack-up contract: Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating offshore Egypt. Shelf Drilling said on Friday it has received a notification from a customer on early termination of the Trident 16 contract. As a result, the contract end […]
