Monday, 25th January 2021
Subsea 7 announced that it has been awarded a substantial contract, which is a contract worth between $150 million to $300 million, by Cabinda Gulf Oil Company Limited (CABGOC), for the Sanha Lean Gas Connection (SLGC) project.
Sunday, 3rd January 2021
Shell Egypt has announced it signed production sharing contracts (PSCs) in the offshore and deep-water concession of the Red Sea at Block 3 with distance of 3,097 Km² and in the offshore North Kanayes of Herodotus Basin in the West Mediterranean concession by 30% share. The contracts are shared with Total company, the main operator of the project, by 35%, KUFPEC limited by 25% and Tharwa Petroleum company by 10% at distance of 4,445 Km².
Tuesday, 25th August 2020
Brazil’s state-run Petrobras has put up for sale 26 onshore and shallow-water oil fields along with a small refinery, Clara Camarao, in the northeast of Brazil.
Sunday, 23rd August 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed with the Deputy CEO of the Ukrainian company Naftogaz , Sergiy Pereloma, the available investment opportunities for oil and gas exploration and production (E&P).
Tuesday, 30th June 2020
Brazil’s state-run Petrobras has confirmed that deepwater Buzios oilfield’s platforms P-74, P-75, P-76, and P-77 have yielded an all-time record production.
Sunday, 31st May 2020
Iraq has awarded Petrofac’s Engineering & Production Services (EPC) a six month contract extension with Basra Oil Company for the Crude Oil Export Expansion Project (ICOEEP).
Tuesday, 25th February 2020
The Italian giant, Eni, has commenced its drilling activities in Oman's first deepwater exploration well in Block 52 offshore Oman.
Tuesday, 17th December 2019
Total, which is part of a consortium consisting of Italy’s Eni and Russia’s Novatek, plans to start exploring for natural gas in the eastern Mediterranean waters offshore Lebanon.
Tuesday, 27th August 2019
The average production of Belayim Petroleum Company (Petrobel) has exceeded a record 803,000 barrels of oil equivalent per day (boe/d).
Monday, 26th August 2019
The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investments.