drilling | Egypt Oil & Gas - Part 23
Senegal Consortium Expanding Drilling Prospects for SNE Block
FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub, reported E&P magazine. The consortium’s...
Petroleum Minister Meets IOCs About Oil and Gas Field Development
Tarek El Molla, Minister of Petroleum and Mineral Resources, held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt including: Emirati Dana Gas, BG Group, Petronas, and Engie (...
GUPCO Launches New Marine Platform for Hilal Field
Egypt Oil & Gas learned that GUPCO launched a new offshore platform, to replace the original Hilal platform that was destroyed in 1994 due to the collision of a cargo ship. Production was then discontinued for in...
Shell Starts Working Offshore Bulgaria
Royal Dutch Shell has been awarded a contract to explore for oil and gas in the Black Sea off the Bulgarian coast, Reuters reported. Two blocks, Silistar and Tares, were placed for auction by the small country in Apri...
Mexico Changes Bid Round Approach
After disappointing results from its last action round, the Mexican government is sprucing up the terms of its new auction for oil and gas blocks off the coast, said the Financial Times. The Mexican oil sector was ope...
Shell Quits Arctic, Halts Drilling
In a surprise move, Royal Dutch Shell is abandoning its Arctic drilling plans, reported the BBC. The company has maintained one of the largest, and most high profile, commitment to the region. It has so far invested r...
Ganope Production Increased to 31,000 B/D
According to Abu Bakr Ibrahim, Chairman of Ganope, the company has made a total of 17 agreements, in addition to 5 new agreements currently being finalized, reported Egypt Oil & gas (EOG). The 5 agreements were th...
New Federal Regulations Stifle Gulf of Mexico Drilling
Louisiana lawmakers testified recently that new federal drilling safety regulations will severally raise costs and reduce competitiveness, NOLA Media reported. The new regulations have been set by the US Federal gover...
