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Tag: Seismic Analysis

Seismic reveals Offshore N Sinai has 2.3 bcf potential gas reserves – EKH

Posted: March 3, 2019 at 11:53 am   /   Oil & Gas

Egyptian Kuwaiti Holding Subsidiary Offshore North Sinai Reveals Potential Natural Gas Reserves of 2,352 bcf. Analysis conducted by WesterGeco of the concession’s 3D seismic survey identifies several geological layers containing potential gas and condensate reserves at various depths, including 821 bcf in shallow- layer reserves and 1,531 bcf in deep-layer estimates. Egypt Kuwait Holding Company, […]

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Spectrum-Geopex witnesses 21 years of achievements in domestic and international petroleum markets

Posted: May 4, 2017 at 3:13 pm   /   Oil & Gas

In 1995, a joint-venture agreement was signed between Spectrum in the UK and Geopex in Egypt. Thereafter, Spectrum-Geopex Egypt Limited (S-G) office was established in Nasr City Public Free Zone in 1996. Since establishment in 1996, the Egyptian General Authority for Investment and the Egyptian General Petroleum Corporation have authorized S-G to perform seismic data […]

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Video: #theEnimodel: Hitting Zohr (Eni)

Posted: December 16, 2016 at 2:45 pm   /   Oil & Gas

We continue to evolve thanks in part to projects such as Zohr, the largest gas field in the Mediterranean Sea. Our success is driven by innovation, passion and expertise. (Source: Eni)

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SDX Energy provides update on Egypt operations

Posted: November 14, 2016 at 1:39 pm   /   Oil & Gas

SDX Energy, the North Africa focused oil and gas company, is pleased to provide an operational update on its South Disouq and Meseda concessions in Egypt. South Disouq As previously announced on 10 October 2016, SDX’s initial assessment of the 3D seismic data at South Disouq was positive and identified potential for both oil and […]

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SDX Energy interpret 3D seismic at South Disouq in Egypt

Posted: October 10, 2016 at 6:59 pm   /   Oil & Gas

Both gas and oil bearing prospects identified ahead of fully carried exploration well. SDX Energy, the Egypt focused oil and gas company, has provided an update on the initial findings from interpretation of the 300 km2 of 3D seismic data acquired over its South Disouq concession in H1 2016. Data processing commenced in June and […]

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SDX Energy increases investments in South Disouq concession to $17 million

Posted: September 22, 2016 at 4:54 pm   /   Oil & Gas

SDX Energy has increased its investment in the South Disouq concession from USD 9 mn to USD 17 mn, said country Manager Ahmed Moaaz, Al Mal reported, quoting him as saying the company will drill the first well at the concession sometime in 1Q2017. SDX had signed a contract with Polish firm Geofizyka Torun to […]

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SDX Energy 'well placed' to drill South Disouq well

Posted: August 25, 2016 at 4:20 pm   /   Oil & Gas

SDX Energy Inc. is well placed to maximize the potential of its South Disouq asset in Egypt, says the company’s president and CEO Paul Welch. “We have a solid financial position which is underpinned by high-margin production that enables us to generate positive free cash flow down to $15 oil,” he commented in a company […]

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Petroleum Ministry calls on international companies for seismic mapping of Red Sea

Posted: August 17, 2016 at 3:02 pm   /   Oil & Gas

The Petroleum Ministry will ask international firms to start seismic mapping of the Red Sea area to increase the attractiveness of investments in the region, Chairman of Ganope, Ganoub El Wadi Petroleum Holding Company, Sherif Sousa told Al Masry Al Youm. Under Egypt’s new system for issuing E&P tenders that target “technologically advanced” companies, Egypt […]

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SDX Energy completes South Disouq 3D seismic acquisition programme

Posted: June 13, 2016 at 8:58 pm   /   Oil & Gas

Operations Update – 3D Seismic at South Disouq SDX Energy Inc. provides an update on its activities at its South Disouq asset located onshore Nile Delta Egypt. Further to the announcement on 16 March 2016 regarding the commencement of a 3D seismic programme at the Company’s South Disouq asset where SDX has a 55% equity […]

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SDX Energy raises $11m in funds to support operations in Egypt

Posted: May 24, 2016 at 1:33 pm   /   Oil & Gas

Oil and gas exploration and production company SDX Energy Inc has raised approximately $11 million through a private placement, which will be used to fund its activities in Egypt. “The proceeds will mainly be used on workover and waterflood programs at Meseda and on South Disouq’s 3D seismic program,” said Stephane Foucaud, an analyst at […]

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