Exploration & Production

Egypt to launch international bids for oil exploration in 2018

Egypt oil BidEgypt will start international bids for oil and gas explorations in various areas on the Red Sea after finishing seismic survey before the end of Q1 2018, said Tarek al-Mulla, minister of petroleum and mineral resources in Egypt

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TGS and Schlumberger announce 2D seismic project in Egyptian Red Sea

RedSea ETGS, the global geoscience data provider for oil and gas exploration and production companies, has partnered with Schlumberger for a new 2D seismic project offshore Egypt

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Eni enters into new exploration permits offshore Morocco

Eni MoroccoItalian oil and gas giant Eni has signed a petroleum agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII, which is located in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya

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Schlumberger wins Aramco contracts for oil and gas well services

SA SCHSaudi Aramco has awarded two contracts to Schlumberger for drilling rigs and services for oil and gas wells in the Kingdom

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Five Middle East countries in top ten with largest oil reserves: GlobalData

GlobalData RaSaudi Arabia, Iraq, Kuwait, Iran and the UAE rank in the list of the ten countries with the largest remaining crude and condensate reserves, according to GlobalData

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