Schlumberger's seismic division WesternGeco has completed an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis, Neptune Energy, which prefunded the project…
Oil and gas companies Energean and Edison have agreed to exclude Edison's Norwegian assets from the proposed sale of Edison's E&P business to Energean. Apart from the exclusion of Norway, the companies have also reduced the value of the deal by $111 million…
Jack-up drilling leasing company Shelf Drilling has won a contract extension for one of its offshore drilling units in Egypt.The drilling contractor said Monday it had won a one-year contract extension for the Trident 16 jack-up rig. The contract…
Danish offshore drilling contractor Maersk Drilling has secured a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt with an unnamed client.The contract has an estimated duration of 21 days and is expected to start in March 2020…
Egypt-based oil and gas company Burullus has sent an early termination notice for a drillship contract to offshore drilling contractor Transocean.In its fleet status report issued Thursday, Transocean said it had received the early termination…
The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt's subsurface data is kept evergreen…
Vantage Drilling has signed an agreement in Egypt to train local workforce in the space of offshore drilling.A Memorandum of Understanding has been signed by Ihab Toma CEO of Vantage Drilling, Osama El Bakly, Chairman of Egyptian Natural Gas…
Exploration and production company Neptune Energy has acquired an offshore license in the Gulf of Suez, Egypt, committing to carry out seismic surveys and to drill an exploration well during the first phase of the license.Neptune said that the…
BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week.The third phase includes the development of the Raven field…
Churchill Drilling Tools, oilfield services firm specializing in drilling equipment has entered the Egyptian offshore oil and gas market after an undisclosed operator ran five Churchill tools in its drill-string.'Egypt is just one of a number…
Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday. The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1…
Newly licensed offshore oil and gas exploration acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels, Rystad Energy has said, as the Norwegian energy market analytics company expects more than half of the…
Oil and gas exploration firm Edison has reportedly started drilling operations at its North Thekah concession offshore Egypt.According to what appears to be Edison's press release circulated online, Edison started drilling on January 18, 2020 in the Mediterranean Sea block…
Energean and Edison have entered into a formal agreement to exclude Algerian assets from the proposed sale of Edison's E&P business to Energean.Energean back in January said that Algeria would be excluded from Energean's pending acquisition of Edison E&P…
Gas from the Leviathan gas field offshore Israel has started flowing to Egypt, Delek, a partner in the giant development, has said.The $3.6 billion development operated by US-based Noble Energy started producing gas in the last week od December 2019…
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