Stay Connected

UK, Korean partners to explore offshore Jordan

Offshore staff

MANCHESTER, UK – Jordan’s cabinet has approved a co-production agreement between Korea Global Energy Corp. (KGEC) and UK independent Enegi (AIM:ENEG;OTC:EOLPF) for oil exploration in the Dead Sea and Wadi Araba areas.

KGEC will perform exploration studies over a 6,819-sq km (2,633-sq mi) area in three phases. These will include a seismic survey and drilling of three wells for oil exploration.

Enegi has a 5% carried interest in the project.

3/27/2013

Related Articles

CEPSA agrees to Coastal Energy takeover

Nov 19, 2013

Spanish oil company CEPSA has agreed to acquire Coastal Energy via a share purchase.

Statoil fined for North Sea waste mix-up

Nov 19, 2013

Statoil has been handed a NOK-10 million ($1.64-million) fine for an incident on the Oseberg C platform in May 2011.

Trending News

Shell strengthens Western Gulf of Mexico position through Lease Sale 238 win

Aug 20, 2014

Shell says it continues to build on its position in the Perdido fold belt by adding a block in the Western Gulf of Mexico region through the US Bureau of Ocean Energy Management’s Lease Sale 238. 

Ampelmann, TSG Marine design new motion-compensation offshore lift

Aug 20, 2014

On Aug. 20, in a refurbishment program to upgrade lifeboats on offshore platforms, Ampelmann completed a second successful re-installation using its full motion compensation technology.

TDW completes pipeline pressure operation in Gulf of Thailand

Aug 20, 2014

PTT Exploration and Production Public Co. Ltd (PTTEP) recently partnered with T.D. Williamson (TDW) to help replace three topside valves on its Bongkot platform in the Gulf of Thailand.

Blueback Reservoir and Cegal to partner

Aug 20, 2014

Blueback Reservoir and Cegal plan to merge in order to combine and expand their offerings and to provide petrotechnical solutions for the oil and gas industry.

Western Gulf of Mexico lease sale high bids total more than $109 million

Aug 20, 2014

Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US outer continental shelf. A total of 14 offshore oil and gas companies submitted 93 bids.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>