Gulf Oil and Gas accountACCOUNT

Shell Egypt announces two ultra-deepwater discoveries

Source: www.oilegypt.com 2/15/2004, Location: Africa

Share |
Shell Egypt, with co-venturers Petronas Carigali Overseas Sdn. Bhd. and the Egyptian Natural Gas Holding Company have succeeded in making two hydrocarbon discoveries in their offshore concession in the Mediterranean. The partnership completed a three well ultra-deepwater drilling campaign in the North East Mediterranean Deepwater Concession, setting new water depth records for Egypt and the Mediterranean, with drilling in over 2400m of water.

The three wells (Kg45-1, Kj49-1 and La52-1) have successfully tested a variety of hydrocarbon plays in the southwest of the concession area. Hydrocarbon discoveries have been made in two locations, and an extensive evaluation programme has been completed. A large volume of new data is now being integrated into the partnership’s geological models for the area.

Having successfully completed all first phase exploration obligations Shell Egypt and Petronas Carigali will now enter the four year 2nd Exploration Phase in the Concession as part of the plans to commercialise the discoveries.

Matthias Bichsel, Shell’s Global Exploration Director said, "The drilling results have demonstrated that this ultra-deepwater area is a rich hydrocarbon province. The priorities now are to commercialise the discoveries as rapidly as possible and to ensure that an optimal follow up appraisal and exploration programme is designed within this large concession.”

Andrew Vaughan, the Chairman of Shell Companies in Egypt, added: “We are very pleased with the results from the NEMED drilling programme. The wells were drilled safely and efficiently using Shell’s Surface Blow Out Preventer (SBOP) technology. The SBOP enabled us to drill in deep water more efficiently than with conventional equipment and to successfully explore the ultra-deepwater Nile Delta.”

The wells were drilled by Shell and Bapetco (a joint venture of Shell Egypt and the Egyptian General Petroleum Company) using the semi-submersible drilling rig, the Stena Tay.


Exploration News in Egypt >>

Niger >>  8/15/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce...
United Kingdom >>  8/13/2018 - As part of the 31st Offshore Licensing Round, the Oil and Gas Authority offered companies the opportunity to propose additional blocks in more mature ...

Norway >>  8/8/2018 - Norway's Petroleum Safety Authority has given Faroe Petroleum consent to drill exploration well 30/6-30 in production licence PL 825. The well will te...
Norway >>  8/8/2018 - A/S Norske Shell, operator of production licence 832, has concluded the drilling of wildcat well 6304/3-1. The well is dry. The well was drilled in th...

Mozambique >>  8/7/2018 - Mozambique’s government on Tuesday approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for...
Indonesia >>  8/3/2018 - Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has been informed by Conrad, its partne...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

Oil & Gas Projects in Egypt >>

More News

 

Oil & Gas Companies in Egypt >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.