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Royal Dutch Shell, Eni, BP and Exxon Mobil were among the winners in one of Egypt’s largest ever oil and gas exploration tenders on Feb.12, as the country looks to sustain an investment upswing spurred by major discoveries.
The awards marked Exxon Mobil’s entry into gas exploration in Egypt, while Shell was handed the most concessions.
|
| Status |
Block |
Winning Bidder |
Basin |
Type |
Remarks |
| No. |
Name |
| New Award: Exploration& Production |
3 |
North East El Amreyia |
ExxonMobil, BP, IEOC (Eni), Total, Shell, Petronas |
Mediterranean Sea |
Offshore |
Drill two wells with financial commitment $100 million and $10 million signing bonus |
| 4 |
North Sidi Gaber |
BG (Shell) and Petronas |
Mediterranean Sea |
Offshore |
Drill one well and conduct seismic survey on 1500 km2 with financial commitment $60 million and $10 million signing bonus |
| 6 |
North El Fanar |
BG (Shell) and Petronas |
Mediterranean Sea |
Offshore |
Conduct seismic survey on 2250 km2 with financial commitment $9 million and $3 million signing bonus |
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Seize your business opportunities to attend the Offshore MENA Congress 2019, June 11-12, Cairo, Egypt, which we will focus: Egypt, Lebanon, Israel, Cyprus, Oman, UAE, Algeria, Bahrain, Libya and more.
You will have the chance to gain the first-hand Information onsite. And the congress will equip you with knowledge and commercial insight to drive your business forward in 2019 and beyond.
>> Click here to review the completed agenda
Reply to the email to see what opportunities are available and explore how we can highlight your organization at Offshore MENA Congress 2019on June 11-12, Cairo, Egypt.
>>Last 5 seats with 10% discount; Last 1 Booth and Last 1 Speaking Slot for Sponsors!
Past Review
>>Egypt Announces Winning Bids for 12 New Concessions
>>Eni will start drilling for oil in Bahrain in 2019 Bahrain oil minister
>>BP, Eni join hands to pursue new exploration opportunity in Oman
>>Contractors prepare bids for Aramco’s Marjan offshore packages
Best Regards
Vivien Miao | OceanFuture – Global Deepwater Series Conference | SZ&W Group
Email: vivienm@szwgroup.com
Tel: +86 21 5830 0710 ext 8098 | Mob: +86 185 2140 7816
Offshore MENA Congress 2019
4th East & Southern Africa Deepwater Congress 2019
4th East & Southern Africa Gas & LNG Conference 2019
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