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Iraq: China’s Jereh Inks Mansuriya Contract
...pex is pegged at $992mn for the first three years of the contract. The signing is intended to turn a page on the long-delayed development of Mansuriya. Originally awarded in 2011 to a consortium led by Turkey’s TPAO, Baghdad relinquished the license after commercial terms disagreements following th...
Volume: 67Issue: 21Published at Fri, 24 May 2024 -
Iraq Approves Mansuriya Gas Award
...riod. Mansuriya was originally awarded in 2011 to a consortium led by Turkey’s TPAO. Development was halted following attacks by the Islamic State across the province in 2014. Disagreement on commercial terms subsequently pushed Baghdad to take over the field in 2018 (MEES, 3 August 2018). Chinese state fi...
Volume: 67Issue: 18Published at Fri, 03 May 2024 -
SDX Eyes Egypt Gulf Of Suez Growth
...e partners to replace the rig that drilled the well, with results expected in the next three to four weeks. SDX’s other Egypt asset is a 55% operator’s stake at the 46mn cfd South Disouq concession in the onshore Nile Delta. The Gulf of Suez had long been Egypt’s key oil heartland but since 2011...
Volume: 65Issue: 20Published at Fri, 20 May 2022 -
Cyprus Says Drill Plans Unchanged
...used us to think a little bit more about the geological concept. It’s led us to think about other development opportunities in Block 10 (MEES, 15 March).” It’s unclear where the minister envisages well number eight. US firm Noble Energy plans an appraisal well at the 4.2tcf 2011 Aphrodite di...
Volume: 62Issue: 21Published at Fri, 24 May 2019