drilling | Egypt Oil & Gas - Part 19

Shell Reveals $342m Investment Plans in Egypt

Royal Dutch Shell has announced its new plans for the coming fiscal year (FY) 2016/2017 in Egypt. The Anglo-Dutch oil and gas giant sets its eyes on investing $342m in drilling 33 wells in its concession areas that a ...

Sasol Investing $1.4b in Mozambique Gas Platform

South African energy group Sasol has started drilling the first of what will be 12 new gas and oil wells in Mozambique –with first production expected in mid-2019–, where the government recently approved a production ...

Sasol Commences Drilling of Mozambique PSA Licence

South African firm Sasol drilled its first well in its new oil and gas field in Mozambique. The plan envisages the development of further hydrocarbon resources that will help to drive the growth of both Mozambique an ...

Nigeria to Search for Oil in Chad Basin

Nigeria plans to begin exploratory drilling in search of oil in the northeastern Chad Basin region by October, the head of the state oil company, Emmanuel Ibe Kachikwu, said.

Italian Referendum Fails to Restrict Offshore Drilling

Oil and gas producers in 26 areas offshore Italy will be able to drill until their fields run dry, after a referendum failed to draw enough voters to re-instate a deadline on the concessions.

France’s Total Eyes ‘Elephant’ Oil Discovery Offshore Uruguay

France's Total plans to start drilling Uruguay’s first offshore well in 40 years later this month in more than 3,411 meters of water, making it the deepest exploration well by water depth on record; first oil could c ...

Italy to Hold Referendum on Offshore Drilling

Italy has set 17th April as the date for a referendum on the duration of offshore drilling for oil and gas in Italy. The Constitutional Court gave the green light to the decision welcomed by regional councils and env ...

Qatar Purchases Stake in Morocco Offhore Contracts

The Qatari state oil company, Qatar Petroleum, has reached a deal with Chevron to acquire 30% of its stake in offshore drilling areas in Morocco. Irish oil company Circle Oil has announced a new customer for its gas ...

Explorers in Senegal Reveal Better-than-Expected Oil Flows

Melbourne-based junior explorer, FAR has conducted latest drilling tests offshore of Senegal and revealed better-than-expected results of oil flows from the SNE-2 well, drilled about 100km off the coast.

Chinese Company Finishes Drilling Gas Appraisal Wells in Ethiopia

Chinese firm POLY-GCL Petroleum Group Holdings has finished drilling two appraisal wells in Ethiopia's southeast and will soon know the size of gas deposits there. Gas production may starts this year.

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