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

Atlantic reins in North Sea capex

Dec 17, 2014

Atlantic Petroleum has budgeted total capex next year of around DKK 110 million ($18.4 million).

ETI progresses North Sea CO2 storage studies

Dec 17, 2014

The Energy Technologies Institute (ETI) is seeking partners for the next phase of a North Sea carbon dioxide (CO2) storage study.

Rockhopper to exit offshore Malta license

Dec 16, 2014

Rockhopper says it plans to exit the Area 4 license offshore Malta at the end of the first exploration phase on Jan. 18, 2015. 

Island nations off East Africa hold frontier exploration potential

Dec 12, 2014 In light of the recent discoveries that have been made offshore East Africa, the archipelagos of the Indian Ocean have received more attention from the international oil and gas industry. While the...

Local content rules in Nigeria expected to transform West Africa

Dec 12, 2014 In 2010, the Nigerian Oil and Gas Industry Content Act, or the Local Content Act as it is commonly called, became law. The act had been 10 years in the making and prescribes minimum thresholds for ...

Trending News

Ivory Coast signs deals with ExxonMobil for two oil blocks

Dec 18, 2014

Ivory Coast has signed production sharing agreements with Exxon Mobil for two ultra-deepwater blocks in the Gulf of Guinea.

Fugro receives third and final vessel of series

Dec 18, 2014

Fugro has received the third of a series of three Fugro offshore coastal survey vessels being built by Damen. Like the other vessels in this series, Fugro Frontier is a compact, diesel-electric FOCSV designed for a variety of tasks.

African Petroleum enters first renewal period on Senegal license

Dec 18, 2014

African Petroleum Senegal Ltd. has received confirmation of its first renewal period on license Senegal Offshore Sud Profond.

MOS awarded subsea construction contract

Dec 18, 2014

Mermaid Offshore Services Ltd., recently renamed Mermaid Subsea Services (Thailand) Ltd., has been awarded a subsea construction contract in the Gulf of Thailand, serving an international fabrication and installation contractor whose end customer is an international upstream oil and gas operator.

Nexans dispatches first Shah Deniz Stage 2 DEH cables

Dec 18, 2014

Nexans has delivered its first subsea direct electrical heating (DEH) system consignment to BP for use in the Shah Deniz Stage 2 project in the Azeri sector of the Caspian Sea.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>