Egypt plans to launch two new bids for oil and gas exploration in over 16 regions in the country’s south and the Red Sea by the end of 2023, according to media reports. Egypt extended the closing date for two previous bids to mid-July earlier this year, allowing more time for companies interested in exploring […]
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Posted inExploration & Production, Exploration
Nigeria awards million-dollar exploration contract for onshore project
Seismic acquisition technology and solutions provider STRYDE, has been awarded a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its “Nimble” node receiver system for an onshore oil and gas project in Nigeria. STRYDE’s seismic sensor technology will be utilised on an upcoming 3D seismic survey conducted by Nigerian […]
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QatarEnergy continues offshore exploration bonanza with Shell agreement
Qatar’s state-owned energy giant QatarEnergy has entered into an agreement with Shell to acquire a 40% working interest in the C-10 block located offshore Mauritania. This agreement is one of the several offshore exploration deals that Qatar has signed over the past few months. The C-10 block covers an area of about 11,500 square kilometers and is located approximately 50 kilometersoff the coast of Mauritania in water depths of approximately 50 to 2,000 meters. According to the […]
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QatarEnergy strikes offshore exploration deal with ExxonMobil
QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada. According to the agreement, QatarEnergy holds a 28% working interest while ExxonMobil Canada (operator) holds 50% while Cenovus Energy holds 22%. QatarEnergy also holds a 40% working interest in license EL 1162, while […]
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QatarEnergy to join Eni, TotalEnergies in Lebanon offshore exploration
“This will be a major positive development,” Lebanon’s energy minister said.
Posted inExploration & Production
Egypt announces $2.1 billion investment in oil and gas exploration
Egypt has announced a total investment of $2.1 billion in oil and natural gas exploration plans until 2025, Minister of Petroleum and Mineral Resources Tarek El-Molla said in a meeting recently. The investments were announced for the Mediterranean Sea in partnership with major international companies, El-Molla noted. Based on the preliminary findings, the new explorations […]
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QatarEnergy wins offshore exploration block in Brazil
QatarEnergy, in a consortium with oil giants TotalEnergies and Petronas, have been awarded an offshore exploration block during the first cycle of Brazil’s open acreage under a production sharing regime bid held in Rio de Janeiro. Under the terms of the agreements, QatarEnergy will hold a 20% working interest, alongside the operator Petrobras (30%), TotalEnergies […]
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bp wins new exploration blocks in Egypt’s offshore Nile Delta
bp has been awarded two exploration blocks offshore Egypt by the Egyptian Natural Gas Holding Co, bp said in a press release. The northwest Abu Qir offshore area – in which bp holds 82.75% and Wintershall-Dea holds 17.25% – covers an area of approximately 1038 square kilometres with water depths ranging between 600 metres and […]
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Eni, TotalEnergies to launch offshore exploration following Israel-Lebanon agreement
In Lebanon, TotalEnergies is the operator of the exploration Block 9 alongside its partner Eni
Posted inExploration & Production
Goodbye climate goals? UK government proceeds with North sea oil and gas exploration
Britain’s Business Secretary Jacob Rees-Mogg said the new exploration will boost energy security and support skilled jobs