Mexico Slowing Deepwater Oil Auctions

• Thursday, 28th January 2016
• by Egypt Oil & Gas

Mexican regulators announced that they would continue easing the pace of oil auctions on deepwater and shale production for private investors – in line with the country’s controversial energy reform –...

Myanmar Offshore Blocks Awarded to Shell, Mitsui

• Thursday, 12th February 2015
• by Egypt Oil & Gas

Mitsui Oil Exploration Co. Ltd. has succeeded in a joint bid in the Myanmar Offshore Bidding Round 2013 for three deepwater blocks located offshore Myanmar, namely blocks AD-9, AD-11, and MD-5. MOECO will assume a 10%...

Second Deepwater Oil Discovery Confirmed Offshore Brazil

• Sunday, 11th January 2015
• by Egypt Oil & Gas

Petrobras has confirmed a second oil find in the Fanfan area in the deepwater Sergipe-Alagoas basin offshore Brazil. In August the company reported an initial discovery with well 9-SES-188D in the BM-SEAL-11 concessio...

Shell’s Mars B Project Expands Gulf of Mexico Presence

• Tuesday, 6th January 2015
• by Egypt Oil & Gas

Shell’s Mars B project, located in the deepwater Gulf of Mexico, produced first oil in the first quarter of this year. It is the first time that significant infrastructure has been added to an existing deepwater...

ONGC, ConocoPhillips Sign Pact on Shale Gas, Deepwater Exploration

• Sunday, 1st April 2012
• by Egypt Oil & Gas

India’s state-run Oil & Natural Gas Corp. Friday signed an initial agreement with ConocoPhillips to screen opportunities for jointly exploring and developing shale-gas reserves in India and North America and...