offshore exploration | Egypt Oil & Gas
Velox-1X Shows Promising Oil Discovery in Western Mediterranean
Drilling of the offshore Velox-1X exploratory well in the North Cleopatra concession in the Western Mediterranean has revealed promising oil indicators, confirming a functioning petroleum system and crude oil in the a...
QatarEnergy Wins Offshore Exploration Block in Canada’s Orphan Basin
QatarEnergy scored a successful bid for Parcel 8 of the Orphan Basin, offshore the province of Newfoundland and Labrador in Canada. The winning proposal for Parcel 8 was declared by the Canada-Newfoundland and Labrado...
Lebanon’s Parliament Approves Oil & Gas Tax
The Lebanese National Assembly approved a new law regulating taxation on oil and natural gas revenues, Stratfor reports. The new legislation, if implemented, will impose a 20% tax on oil revenues in addition to a 5 mi...
Bouteflika to Free Economy from Oil, Gas Dependence
Algeria’s President, Abdelaziz Bouteflika, has urged for the independence of the country’s economy from the oil and gas industry, reported Natural Gas World. Bouteflika stated: “I would underline primarily the n...
DeepOcean Executed 3D Laser Survey Offshore Ghana
ADUS DeepOcean and DeepOcean Ghana Ltd. recently completed an innovative deepwater subsea 3D laser survey off the West Coast of Africa for Tullow Oil, the first extensive commercial survey of its kind, heralding a new...
Gabon Extended Work at Nkembe
Gabon granted Pura Vida Energy a 12-month extension to the current exploration phase of the Nkembe production sharing contract offshore the country, Offshore Engineering Today reported. The extension will run until Ja... Hyperdynamics Upgraded Offshore Guinea Prospects
Hyperdynamics Corporation, an independent exploration company, has received an improved exploration risk assessment of two deepwater wells, increasing its chances of a successful drilling operation in a largely untest...
Dana Gas Launches Zora Gas Field Production
Dana Gas has started production at the Zora gas field located in the Sharjah Western Offshore Concession, about 35km off the coasts of Sharjah and Ajman in the UAE, Oil&Gas Drilling&Production informed. Zora c...
