onshore | Egypt Oil & Gas
ADNOC, TAQA Reveal $2.4B Project to Provide Sustainable Water Supply to Onshore Operations
ADNOC and TAQA announced a strategic investment project to provide a sustainable water supply to ADNOC’s onshore operations worth up to $2.4 billion. The project will reinforce ADNOC and TAQA as responsible energy lea...
Saipem Sells Its Onshore Drilling Business to KCA Deutag
It has been announced that Saipem has entered a binding agreement with KCA Deutag (“KCAD”) to sell its entire Drilling Onshore operations in exchange for $550 million in cash plus a 10% stake in KCAD after...
Saipem Secures Onshore Drilling Contracts in Middle East, South America
Seeking to expand its operations, Saipem has scored new onshore drilling contracts with countries in the Middle East and in South America worth $70 million, a press release issued by Saipem declared. The company elabo...
Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets
Cheiron Petroleum Corporation has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert, according to press release. The remaining 50% of the interests will be purchased by Cheiron’s...
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 exploration an...
Zenith Acquires Onshore Production Asset in Tunisia
The Canadian oil and gas company Zenith signed an agreement on March 2 to acquire a working interest (WI) in an onshore oil production unit in Tunisia, according to a press release. The asset currently produces on ave...
Predator to Commence Drilling in Morocco.
Predator Oil & Gas Holdings PLC, a London-listed company, declared signing a rig agreement with Star Valley Drilling LTD. to commence a drilling program on the Guercif licence onshore Morocco, according to Pipelin...
ADES Secures Deepwater Drilling Contracts with Baker Hughes
Advanced Energy System International (ADES) announced that it has secured its first onshore deep drilling contracts under a lump sum turnkey project in Kuwait, according to World Oil. “We are extremely pleased t...
