European geo-data specialist Fugro has been awarded a contract for site characterisation services for one of the largest long-term field development programmes in Abu Dhabi. Starting this month, Fugro will perform a series of offshore surveys including geophysical, geotechnical and remotely operated vehicle (ROV) inspections supported by advanced engineering and geoconsulting studies to help inform […]
Exploration & Production
Posted inExploration & Production
Algeria announces six new oil discoveries
Algeria’s state-owned energy company Sonatrach, one of the world’s largest oil firms, has announced six new oil discoveries in various parts of the North African Arab nation. In a statement published by local media, Sonatrach said the new discoveries were made in the first quarter of 2023. Two discoveries were made in Amguid in East-Central […]
Posted inExploration & Production
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 […]
Posted inExploration & Production
Egypt set to launch three oil and gas project tenders
Egypt will announce three tenders this year for oil and gas exploration and production projects, the country’s Petroleum and Mineral Resources Minister Tarek El Molla said at the opening ceremony for the Egypt Petroleum Show on Sunday. “Egypt plans to hold three international tenders in 2023 for oil and gas exploration and production,” the Nile […]
Posted inDRILLING & PRODUCTION, Exploration & Production
Tethys Oil to invest $85 million in Oman oil and gas assets
Swedish energy firm Tethys Oil said it plans to invest between $85 to $95 million in the development of its upstream oil and gas assets in the Sultanate of Oman this year. The allocation is roughly on par with the company’s investments made across its sizable portfolio last year, the company said in a press […]
Posted inExploration & Production
STRYDE secures major contract for seismic survey in Oman
International seismic technology company, STRYDE, has been awarded a multi-million-dollar contract for the supply of an 80,000-channel nodal acquisition system in the Middle East, the company announced in a press release. The contract was awarded by the world’s largest geophysical services provider, BGP, who will lease STRYDE’s containerised Compact System for use on a high-density […]
Posted inExploration & Production
NPCC, Saipem secure $60 million pre-construction award from ADNOC
National Petroleum Construction Co (NPCC) and its joint venture partners Saipem and China Petroleum Engineering and Construction Corp have secured a $60 million contract for the pre-construction works related to the offshore facilities of the Hail and Ghasha gas development project. The contract covers the early project activities such as initial detailed engineering and procurement […]
Posted inExploration & Production
Eni announces ‘significant’ discovery offshore Egypt
Eni announced today a significant new gas discovery at the Nargis-1 exploration well in the Eastern Mediterranean Sea offshore Egypt. The discovery can be developed leveraging the proximity to Eni’s existing facilities, the Italian major said in a press release. Nargis-1 confirms the validity of Eni’s focus on Egypt Offshore, which the company will further […]
Posted inExploration & Production
Aramco awards $173 million contract to Arabian Drilling
Arabian Drilling is the largest drilling rig contractor in the Kingdom in terms of the fleet size
Posted inExploration & Production
NESR secures wireline platform contract in Saudi Arabia
Within the expanded scope of the contract, NESR will provide advanced cased-hole and perforation services
Load more