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Tag: Seismic Survey

Egypt stepping up its efforts to attract Gulf of Suez investment

Posted: February 13, 2018 at 3:55 pm   /   Oil & Gas

Egyptian oil minister Tarek El Molla on Monday announced an agreement with an international company to conduct a seismic survey of the Gulf of Suez to attract exploration investment in the area. Molla also said that Egypt was working to improve the quality of fuel products in cooperation with foreign marketing companies. “An agreement was […]

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New seismic surveys in Shorouk concession to uncover further reserves

Posted: January 28, 2018 at 1:12 pm   /   Oil & Gas

New seismic surveys are underway in the Shorouk concession in the Mediterranean Sea, Oil Minister Tarek El Molla said last week, Al Shorouk reports. The surveys are meant to uncover further reserves in the Zohr gasfield, which is in the concession. GANOPE has also completed seismic mapping for 4,200 km in the Red Sea in […]

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Ganope chairman: Egypt completed 4,200 km of Red Sea 2D seismic survey

Posted: January 26, 2018 at 8:01 pm   /   Oil & Gas

Exploration bidding in those offshore areas will increase Egypt’s reserves, said El-Molla. A seismic vessel, which is currently conducting two-dimensional seismic surveys in the Red Sea region, has completed a survey of 4,200km of the total 10,000 km, said Mohamed El-Shimy, chairperson of the South Valley Egyptian Petroleum Holding Company (Ganope). He adding that the […]

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Red Sea seismic survey results expected in 1H 2018

Posted: November 6, 2017 at 3:22 pm   /   Oil & Gas

The results of a seismic survey in the Red Sea are expected in the first half of 2018, industry sources told Youm7. The ministry anticipates that exploration operations in the Red Sea will attract investments of USD 750 million. (Source:

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EGAS to issue new oil & gas exploration tenders in 2018

Posted: October 9, 2017 at 1:20 pm   /   Oil & Gas

EGAS plans to issue new oil and gas exploration tenders in 2018, an unnamed company official tells Al Shorouk. It was reported last month that EGAS was planning to issue global tenders for the West Mediterranean concession once Norwegian firm PGS releases the results of its seismic survey for the area before the end of […]

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Petroleum Ministry announces production timetable for key concessions including Zohr

Posted: September 24, 2017 at 1:16 pm   /   Oil & Gas

Egypt’s supergiant gas field Zohr will be producing 500 million cubic feet (mmcf) a day by the end of 2017, Prime Minister Sherif Ismail said on Saturday, according to ETEnergyworld. Separately, Oil Minister Tarek El Molla also said that the North Alexandria concession will begin producing between 500 and 700 mmcf of gas per day […]

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Red Sea

El Molla: Five IOC's are carrying out $750 million Seismic Survey of Red Sea

Posted: June 22, 2017 at 5:27 pm   /   Oil & Gas

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Ganoub El Wadi Petroleum Holding Company (GANOPE) had agreed with five International Oil Companies (IOC’s)  six months ago to conduct a $750m seismic survey in the Red Sea to prepare reports on the  reserves of oil and gas in the territorial waters after […]

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