offshore | Egypt Oil & Gas - Part 5

Shell Egypt signs Two PSCs for Blocks in Red Sea, Mediterranean

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 ...

Petrobras to Sell 26 Onshore Oil Fields, Refinery

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.

El Molla Explores E&P Opportunities with Naftogaz

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 exploratio ...

Brazil’s Buzios Field Achieves New Daily Production Record

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.

Petrofac Extends Contract in Iraq with Basra Oil

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).

Eni Commences Drilling Block 52 in Oman

The Italian giant, Eni, has commenced its drilling activities in Oman's first deepwater exploration well in Block 52 offshore Oman.

Total to Drill in Lebanon

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.

Petrobel Sets New Production Record with Milestone Achievements

The average production of Belayim Petroleum Company (Petrobel) has exceeded a record 803,000 barrels of oil equivalent per day (boe/d).

Egypt to Drill Two New Gas Wells in North Damietta

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 investment ...

Libya’s NOC, Eni Complete Phase 2 in Bahr Essalam

Libya’s National Oil Corporation (NOC) and Eni announced that they had completed the second phase of the Bahr Essalam offshore gas field project.

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