Category: offshore blocks

TotalEnergies Acquires PETRONAS’s Blocks Shares

TotalEnergies acquired PETRONAS interests in multiple blocks offshore Malaysia and in one block offshore Indonesia. The blocks are still under operations of exploration, appraisal and development programs. According to the partnership, TotalEnergies is to take over 50% of PETRONAS’s shares in Blocks SK301b and SK313. Significant gas discoveries were made at these blocks, with production […]

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EGAS Signs MoU with ExxonMobil Egypt to Boost Exploration Activates in Mediterranean Blocks

As part of the first pillar of the Ministry of Petroleum and Mineral Resources’ strategy to attract investments, increase natural gas production, and create incentives for promising frontier, the Egyptian Natural Gas Holding Company (EGAS) has signed a preliminary Memorandum of Understanding (MoU) with ExxonMobil Egypt Upstream Ltd. to lay the foundation for a new […]

The post EGAS Signs MoU with ExxonMobil Egypt to Boost Exploration Activates in Mediterranean Blocks first appeared on Egypt Oil & Gas.

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