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RWE Picks Up Two New Concessions in Egypt

RWE Dea has been awarded two new concession in Egypt as part of EGPC’s 2013 licensing round. The two concession are located in the Gulf of Suez.  RWE Dea will become operator and hold a share of 100% of the East Ras Fanar Offshore and 50% of the ...

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Technology

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The Value of PRM in Assuring Your Investment in Increased Oil Recovery

Innovative uses of seabed seismic technology will help operators glean billions from new and mature fields. High potential returns with low risk and lower lifetime cost of ownership are increasingly attractive. The active promotion of reservoir surveillance will directly impact a country’s economy where responsible stewardship of national petroleum resources is a priority.  Read more

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Web Exclusives

  • 300 Security Concerns Cloud Kenya’s Promising Future

    Kenya is poised to earn billions of dollars from oil revenues in the coming decades, but ongoing problems with Islamic militancy in the region are casting a pall over otherwise upbeat assessments about Kenya’s future as an oil exporter.  Read More

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  • East Africa East Africa Licensing Update

    When bidding in Tanzania’s 4th Offshore Licensing Round was officially closed on 15 May, the Tanzania Petroleum Development Corporation (TPDC) announced bids by CNOOC, RAK Gas, ExxonMobil/Statoil, Mubadala and Gazprom and with other licensing rounds in the region scheduled; there remain opportunities for exploration companies with an eye on the market to secure fresh acreage. […]

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