onshore | Egypt Oil & Gas - Part 2

Abu Dhabi Launches Second Bid Round for New Blocks

The Abu Dhabi National Oil Company (ADNOC) launched, as part of Abu Dhabi’s block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), the second bid round for five new oil and gas blocks, ADNOC re...

ADES Acquires Onshore Contracts in Algeria

ADES International completed acquiring four onshore rigs contracts from Weatherford in Algeria, Pipeline Oil and Gas Magazine reported. “We have now effectively completed the Weatherford acquisition, which is transfor...

ADES Renews Saudi Rigs Contracts

ADES International, Middle East drilling and production services company, has renewed its six onshore operating rigs contracts with Saudi Arabia for three years, Pipeline Oil and Gas Magazine reported. “We are p...

ADES Wins Two Saudi Onshore Drilling Contracts

ADES International, an oil and gas drilling and production company, announced winning the bid for two onshore drilling contracts worth $150 million in Saudi Arabia, Pipeline Oil and Gas Magazine reported. The company ...

Eni, OOCEP Win Onshore Production Sharing Deal

Italy’s giant Eni and Oman Oil Company Exploration and Production (OOCEP) won an Exploration and Production Sharing Agreement (EPSA) for block 47 in Oman, Pipeline Oil and Gas Magazine reported. The exploration phase ...

UAE’s Sharjah Awards Eni Onshore Exploration Concession

During the 2018 exploration bid round ceremony, Eni was awarded areas A, B & C onshore Exploration Concession Agreements from UAE’s Sharjah National Oil Corporation (SNOC), Eni announced on January 13. Sultan bin ...

PETRONAS Acquires 10% Stake in Oman’s Onshore Gas Field

Malaysia’s Petroliam Nasional Bhd (PETRONAS) has acquired 10% stake in Oman’s onshore gas field from Oman Oil Company Exploration and Production LLC (OOCEP), Oman Observer reported. The acquisition was done through PE...

Iran Drills New Wells in Three Months

The National Iranian Drilling Company (NIDC)’s Deputy Managing Director, Hamid Reza Khoshayand, said that NIDC drilled over 75 km of oil and gas wells using its drilling fleet during the first quarter of Iran’s ...

Echo Energy Sells Stake to Partner Nostra Terra

Echo Energy stated that it has sold its 25% interest in Egyptian East Ghazalat license to its joint venture partner, Nostra Terra, for $500,000, with an initial $100,000 paid once a regulatory approval comes from the ...

Dana Gas Reports Strong Results in Egypt for Q1 2017

Dana Gas Egypt’s production was solid in Q1 2017. The onshore gas processing plant capacity at El Wastani remained at maximum output. Total output for the first quarter was 40,950 boe/d, a 24% increase on the 33...

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