German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA’s General Manager Sameh Sabry signed the new concession agreement. The new…
Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell…
UAE-headquartered offshore drilling contractor Shelf Drilling has received a contract award for one of its jack-up rigs with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez, offshore Egypt.According to a press release from the shallow water offshore drilling contractor…
Offshore engineering firm Aquaterra Energy has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches. The deal is the first to be agreed following EV’s…
ADES International Holding Ltd. has been awarded a contract by Belayim Petroleum Co., a joint venture between ENI IEOC and Egyptian General Petroleum Corporation, for a three-month drilling campaign offshore Egypt. The drilling campaign will be led by ADES’ offshore jackup drilling rig…
Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Co.’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt. Image of the Sea Swift…
Aberdeenshire-based ThinJack has entered into a deal with a Middle East oil and gas company for the removal of multiple well Christmas trees on surface platforms in the Gulf of Suez, Egypt. The deal could be ThinJack’s largest ever agreement in the region…
Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…
Italian giant Eni and the Egyptian Government entered into an agreement for three amendments for the IEOC concessions, both onshore and offshore Egypt that will see the Italian giant make an additional investment of more than US$2 billion in the next four years…
Egypt has announced the results of its delayed 2014 exploration bid round. The round sought to find companies to explore 10 areas in the Gulf of Suez, the Eastern Desert, and east and west of the Nile. Six of those area offshore in the south Gulf of Suez…
Falklands and Mediterranean-focused explorer Rockhopper Exploration has taken a step forward in its plans to develop an offshore Italy oil field. The firm's Ombrina Mare field environmental impact assessment has been approved by Italy's…
The Egyptian General Petroleum Corp. (EGPC) and Italian giant Eni entered into a US$2 billion deal for exploration and development activities offshore Egypt. Image from Egypt Ministry of Petroleum…
OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope…
The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control for UK North Sea petroleum licenses or they will be revoked. RWE Breagh installation…
BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…
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