Chevron and EGAS have signed an agreement covering at least $88 million of investment for two exploration wells and 3D seismic reprocessing in Egypt’s offshore Lotus area.
Modules for the Bouri Gas Utilization Project have left Italy for offshore installation in Libya, closing the onshore construction phase.
Shell has started drilling the first gas development and production well at West Mina in Northeast El Amriya, targeting 160 MMscf/d and 1,900 barrels of condensates per day by year-end.
ExxonMobil and Turkey’s TPAO signed an MoU to evaluate offshore exploration and development opportunities in the Black Sea and the Mediterranean, with no targets disclosed.
