onshore | Egypt Oil & Gas - Part 3
Qatar’s Onshore Oil Price Hits $55.11 Per Barrel
Qatar’s onshore oil price in February marginally increased above its price in January to reach $55.11 per barrel – $10.11 above the $45-per-barrel rate previously approved in the state budget, The Peninsula info...
Oyster to Commence Phase III Exploration in Djibouti
Oyster Oil and Gas Ltd. announced early March that it has received Djibouti government’s approval to commence the Phase III of its exploration contract at the country’s Block 1. The Production Sharing Con...
BP to Produce 600mcf of Gas in Northern Alexandria
The British Petroleum (BP) intends to produce 600mcf of gas per day from Taurus and Libra fields in Northern Alexandria by the end of April. BP will pay 30 cents for each million cubic feet processed for the station o...
ADNOC Awarded 12% Onshore Stake to China
Abu Dhabi National Oil Co. (ADNOC), the UAE’s main state oil firm, announced late February that it has awarded a combined 12% stake in a mega onshore venture to two Chinese companies, CEFC China Energy Co. and China N...
Kuwait in State of Emergency over Oil Leak
Kuwait’s national oil company has declared a state of emergency following an oil leak in one of its southwestern fields, The National reported. A statement by the Kuwait Oil Company (KOC) on Monday did not identify th...
Shell to Sell Gabon Onshore Operations
Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of the company’s $30b divestment plan, informed Energy Voice. This comes after Shell’s purchase of...
Aramco, Nabros Formed Drilling Partnership
Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors. The joint venture, which will be equally owned by Sa...
Tendrara to Pump Gas by 2019
UK’s Sound Energy announced the successful drilling of the onshore Morocco TE-7 to a total measured depth of 3,459m. The Tendrara wells are expected to be pumping gas by 2019, reported The North Africa Post. Sou...
