SLB has secured a series of major drilling contracts to support capital-efficient energy development across Shell’s deep and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and othe...
Shell will start production from its two offshore wells at West Nile Delta 9B in the first half of October 2018, Egypt Oil & Gas reports. Petroleum minister Tarek El Molla said that the Dutch oil major will also f...
Minister of petroleum and Mineral Resources, Tarek El Molla approved the formation of the joint venture company, PetroShorouk Petroleum, for the development of the Zohr field. The joint venture is between the Egyptian...
BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners, report Reuters. BP said it would have 100% e...
Dr. Wafik Meshref, the Exploration General Manager at Sahara Oil & Gas Company told Egypt Oil & Gas that there are at least seven additional blocks in the Mediterranean Sea that have similar or twin litholog...
The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company’s deepw...
The Gulf of Mexico and the Caribbean Sea have become a garage for deepwater drillships — at a cost of about $70,000 a day each. It’s either that or send your precious rig to a scrapyard. The dilemma underscores ...
Delek Drilling and Avner Oil Exploration have responded to reports in an Israeli newspaper concerning assessment of the resources in the deepwater Leviathan gas/condensate field, operated by Noble Energy. The Ministry...
Greece invited Chinese firms on Monday to bid in a Greek tender for deep-sea oil and gas exploration later this year after Athens extended the bidding process in March. Greece, which depends on financial aid from the ...
There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer grapples with the industry’s biggest debt load and funding con...