Newsletter subscribe
Tag: Offshore
siemens

Egypt’s offshore prospects are even greater with the right technology – Siemens

Posted: February 24, 2020 at 3:59 pm   /   Oil & Gas

Article by Siva Krishnan; Vice President, Middle East & North Africa – Siemens Oil & Gas. Egypt is on the verge of transitioning from a net importer of gas into a regional gas hub, thanks to massive offshore discoveries in the Eastern Mediterranean. But abundance is only part of the equation – Egypt’s golden gas […]

No Comments read more
offshore

Egypt’s Zohr natural gas production to reach 3 bcf/d in March

Posted: February 24, 2020 at 2:46 pm   /   Oil & Gas

Total output at the offshore field reached 2.7 bcf/d in November 2019: The Egyptian Ministry of Petroleum announced that the total number of wells that have been put into production at Zohr field reached 14 after Petro Shorouk has recently put four wells into production at the Southern area. With the 15th well being linked […]

No Comments read more
Siemens

Siemens to modernize offshore jack-up rig for Arabian Drilling Company

Posted: February 22, 2020 at 12:10 pm   /   Oil & Gas

German conglomerate Siemens has been awarded a contract by Arabian Drilling Company to modernize an offshore jack-up drilling rig for a customer in the Middle East. Siemens said that the upgrade of the rig’s integrated drilling-drives lineup, including auxiliaries, and controls would enable the customer to meet the latest safety standards. Delivery of the new […]

No Comments read more
WDDM

Shell to drill seven wells at Egypt’s WDDM Phase 9B, adding 236 bcf/d of gas

Posted: February 18, 2020 at 1:36 pm   /   Oil & Gas

The drilling of seven wells at West Delta Deep Marine (WDDM) phase 9B is set to produce initial reserves of 236 billion cubic feet of gas, a statement by the oil ministry said. Sabry El-Sharkawy, chairman of Rashid Petroleum Company (Rashpetco) and Burullus Gas Company, said his company is working on connecting three other wells […]

No Comments read more
WestMed MEES

Egypt agrees with five majors on West Mediterranean exploration

Posted: February 16, 2020 at 2:09 pm   /   Oil & Gas

Egypt agrees with five energy firms on exploration in Mediterranean: minister. Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal […]

No Comments read more
Exxonmobil

MEES: Stars align as ExxonMobil hikes up its commitment in Egypt

Posted: February 15, 2020 at 3:32 pm   /   Oil & Gas

Twelve months on from taking its first acreage in Egypt, US major ExxonMobil has now snapped up two more blocks in the country’s offshore Mediterranean. A year ago at the Egypt Petroleum Show (EGYPS) in Cairo oil minister Tarek El Molla proudly announced that US major ExxonMobil was finally entering Egypt. Since then, the firm […]

No Comments read more
Energean CEO

Edison starts deepwater exploratory drilling for gas in Egypt; Energean CEO

Posted: February 15, 2020 at 2:48 pm   /   Oil & Gas

Italian energy group Edison has begun drilling an exploratory well in deepwater acreage in Egypt, not far from other giant east Mediterranean gas fields, the CEO of Israel-focused gas driller Energean said on Wednesday. Energean is in the process of taking over Edison’s Egyptian assets in a deal reached last year. “We’re drilling right now […]

No Comments read more
Offshore-oil-rig

Egypt’s offshore oil & gas segment poised for growth – O&G Middle East

Posted: February 15, 2020 at 2:16 pm   /   Oil & Gas

After Egypt’s Red Sea exploration bidding round, the country’s offshore segment is ready to boom. At the close of Egypt’s Red Sea bidding round, it is clear that international oil companies see opportunity in the country, and its growth is just beginning to swell. Egypt awarded Shell, Mubadala, and Chevron exploration rights in the Red […]

No Comments read more
West Med

Egypt set to award majors seven West Mediterranean offshore blocks

Posted: February 13, 2020 at 2:02 pm   /   Oil & Gas

Majors set to land frontier offshore Egypt blocks. Cairo administration readies award of seven tracts as part of new exploration push in region. Egypt is on the verge of awarding seven blocks in frontier areas of the western part of its Mediterranean Sea waters to supermajors. (Source: Upstream Online)

No Comments read more
Neptune North-West-El-Amal

Neptune Energy signs operated exploration licence offshore Egypt

Posted: February 13, 2020 at 1:57 pm   /   Oil & Gas

Neptune Energy signed an operated exploration licence with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal Offshore Concession, underlining the company’s commitment to growing its presence in North Africa, an important region for the business. Neptune will acquire 100 km2 of 3D seismic data and drill one exploration well in the first […]

No Comments read more