QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea
Exploration & Production
Aramco awards US$10bn worth of contracts for Jafurah unconventional gas development
Aramco has announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia
Shell completes sale of Western Desert assets in Egypt
Shell Egypt NV and Shell Austria GmbH have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC
ADNOC awards offshore exploration block to a Pakistani Consortium
The Abu Dhabi National Oil Company (ADNOC) has awarded the exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies – Pakistan Petroleum Limited (PPL), Mari Petroleum Company Limited (MPCL), Oil and Gas Development Company Limited (OGDCL), and Government Holdings (Private) Limited (GHPL) – in Abu Dhabi’s second competitive block bid round
United Oil & Gas announces successful testing of Al Jahraa-8 development well
AIM-listed United Oil & Gas has stated that the Al Jahraa-8 (AJ-8) development well in the Abu Sennan concession, onshore Egypt will be brought onto production from the Lower Bahriya reservoir in the coming days