Transocean, the world's 2nd largest offshore drilling contractor, has added $75 million in new contracts during the third quarter, bringing its total backlog to $10.8 billion with new work in the UK North Sea, Brunei and Egypt.The Switzerland…
The oil rig contractor ADES International PLC has won a second deepwater drilling campaign in the Egyptian Mediterranean area, from an undisclosed oil company.The offshore driller said that the contract was signed for deepwater drilling in the Egyptian Mediterranean area…
Egypt's Baltim South West offshore gas field backed by BP and Eni has started production of 100 million cubic feet of gas a day, the oil ministry said on Tuesday.Output will rise to 500 million cubic feet of gas by the second quarter of 2020 when five wells are expected to be online…
Schlumberger and TGS today announced a new 3D seismic reimaging project in the Egyptian Red Sea comprising reimaging data from three overlapping seismic surveys totaling 3,600 square kilometers that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea…
Natural gas production at Egypt's Zohr field, the largest gas field in the Mediterranean, has increased to 2.7 billion cubic feet per day (bcfd), Egypt's petroleum minister said on Wednesday.In February, Egypt's petroleum ministry said the field's production stood at 2…
Discoveries of natural gas reserves in the Mediterranean Sea around Egypt, Cyprus, Israel and Greece are shaking up Europe’s energy politics. Traditionally, Russia has been Europe’s main supplier of gas, giving it significant influence over Europe…
Maersk Drilling said Edison E&P has signed on its deepwater semisubmersible drilling rig Maersk Discoverer to drill an exploration well in the North Thekah gas field offshore Egypt.The contract is expected to commence in the fourth quarter this year and includes an additional one-well option…
The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday.The first of four barges transporting the production structure units has left Texas and the other three will set sail in the coming weeks…
BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal…
Netherlands-based Jumbo’s Fairplayer has completed the pre-installation and tensioning of a shallow water CALM buoy mooring system at a depth of 26 meters for the Mersa El-Hamra terminal offshore Egypt.The heavy lift shipping and offshore transportation…
Israel's Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior company executive said on Sunday.Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15…
Dana Gas said it commenced drilling operations on Monday at its Merak-1 well, offshore Egypt in the hopes of finding world-class natural gas resources in a basin where several giant discoveries have been made in recent years.The location is in 755 meters of water in the North El Arish concession…
Malaysian integrated oil and gas services company Sapura Energy Berhad has been awarded five new contracts valued at approximately RM1.3 billion ($US311 million).All five contracts have been awarded to the Sapura’s wholly owned subsidiaries…
Political instability, insecurity and marine boundary disputes pose some of the major challenges constraining progress of Africa's upstream offshore oil and gas exploration ambitions at a time when the continent expected to ramp up production from its deep and ultra deepwater investments…
Remotely operated vehicle (ROV) survey and inspection company Rovco said it has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt.The deal will see the Bristol-headquartered firm…
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