Offshore news

OPRED has advised the Oil and Gas Authority of its in-principle agreement to the issue of the relevant consent for both projects.

The Ghasha Concession, which has a term of 40 years, consists of the Hail, Ghasha, Dalma and other offshore fields, located in the Emirate’s Al Dhafra region.

The company has provided a licence update on Frontier Exploration Licence 3/04, located in the southern Porcupine Basin.

The company has entered into a contract for the CSV “Normand Pioneer” with Queiroz Galvão Exploração e Produção S.A in Brazil.

The company has announced that the Mist jack-up rig has commenced drilling of the Montha-1 exploration well in the G10/48 contract area in the Gulf of Thailand.

Nour is a block located in the prolific East Nile Delta Basin of the Mediterranean Sea, approximately 50 km offshore in the Eastern Mediterranean.

During the ceremony, Total also announced the continuation of its development programme in the country, following on from the launch of the Zinia 2 project in May.

A new type of detection technology from Siemens protects centrifugal pumps from dry running in hazardous areas.

The company has entered into an agreement to sell the jack-up rig to an Australasian-based independent oil and gas operator.

The companies have signed a Share Subscription Agreement and a Shareholders’ Agreement.