drilling | Egypt Oil & Gas - Part 21
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, Politico EU reported. The...
France’s Total Eyes ‘Elephant’ Oil Discovery Offshore Uruguay
France’s Total is to drill one of its most important offshore exploration wells in the Americas this year as it hunts for a giant oil field in Uruguayan waters, Bloomberg reported. The company plans to start drilling ...
Italy to Hold Referendum on Offshore Drilling
Italy’s Constitutional Court gave the green light to a national referendum on the duration of oil and gas drilling concessions in the country, which is to be held on 17th April, muddying the waters for companies...
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. Chevron will hold onto a 45% interest in the offshore leases, while Mor...
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, according to ...
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, a senior Ethiopian official said, as Reuters re...
Cyprus Extends Exploratory Drilling Licenses to ENI
The Cyprus government has approved a two-year extension for the licenses of Italy’s ENI and its South Korean partner KOGAS to explore oil and gas reservoirs off the southern coast of the Mediterranean island, He...
Drilling Begins at Zohr Field
Italian firm ENI started drilling 20 wells at the Egypt’s Zohr supergiant offshore gas field – discovered in August 2015 – on December 26th at an estimated cost of $12b, Egypt’s government press rele...
