EAGE (European Association of Geoscientists and Engineers)’s Post

𝐍𝐢𝐠𝐞𝐫𝐢𝐚-𝐌𝐨𝐫𝐨𝐜𝐜𝐨 𝐆𝐚𝐬 𝐏𝐢𝐩𝐞𝐥𝐢𝐧𝐞: 𝐓𝐨𝐩𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 𝐒𝐮𝐫𝐯𝐞𝐲𝐬 𝐊𝐢𝐜𝐤 𝐎𝐟𝐟 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡𝐞𝐫𝐧 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 ETAFAT begins topographic surveys for the northern section of the Nigeria-Morocco Gas Pipeline project, marking a crucial milestone in the $25 billion venture.

“By providing access to high-quality #seismic data ahead of potential future licensing activities, TGS will empower #exploration and #production companies to evaluate opportunities in this under-explored but highly promising region of East #Africa,” explained David Hajovsky, EVP of Multi-Client at TGS. #subsea #oilgas #hydrocarbons #oilandgasnews #offshoreenergy #oilandgas #energy #Tanzania #seismicdata

During 2023, the following two very important projects have been carried out in EPP Co: First, studying the development of gas fields (with very sour gas) in order to feed a mini-LNG for a private company. Second, advice to NIOC on gas pressurizing in the giant field of South Pars.

Why did Cyprus Reject Chevron's Revised Plan for Aphrodite Gas Field , one point of view. -The Aphrodite gas field, discovered in 2011, holds an estimated 4.4 trillion cubic feet of natural gas , or approximately 125 billion cubic meters. and is located near Israel's Leviathan field, involving Chevron and NewMed. -The rejection is primarily due to economic concerns, as accepting the revised plan would result in a significant reduction in Chevron's investment and adversely impact Cyprus's projected revenues. -The original projected costs of the agreement were $3.6 billion, but Chevron's amended proposal would have reduced it by approximately $1 billion. -The production wells would have been scaled back from five to three, leading to a decrease in production rates from 800 to 650 cubic feet per day (cfd). -The existing agreement, dating back to 2019, allows Chevron to recover operational costs from natural gas revenues for around five years before the Republic of Cyprus claims the majority of profits. -Cyprus has invited all parties involved to return to negotiations within 30 days to reach a new agreement. -The cancellation of the Floating Production Unit (FPU) proposed by Chevron raised economic and quality concerns, jeopardizing the quality of extracted natural gas. -The existing agreement from 2019, which allows Chevron to recover operational costs for five years, remains in force. -note: The implications of Cyprus' decision for the proposed pipeline to Egypt are unclear at this stage. If Cyprus and Chevron are unable to reach a new agreement, then it is possible that the pipeline project could be delayed or even cancelled. #AphroditeGasField #Cyprus #Chevron #RevisedDevelopmentPlan #NaturalGas #EnergyCrisis #LNG #PipelineToEgypt #EconomicConcerns #QualityConcerns #Negotiations #NewAgreement #Implications

New piece on North Sea oil and gas regulation and some of the ongoing litigation in this area. Lots of debate on this issue following recent government announcements so hope it’s of interest! 

𝐄𝐆𝐏𝐂/𝐆𝐀𝐍𝐎𝐏𝐄 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐁𝐢𝐝𝐫𝐨𝐮𝐧𝐝 𝟐𝟎𝟐𝟑 𝐂𝐥𝐨𝐬𝐢𝐧𝐠 𝐃𝐚𝐭𝐞! - A total of 𝟐𝟑 𝐞𝐱𝐩𝐥𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐛𝐥𝐨𝐜𝐤𝐬 in Western Desert, Gulf of Suez, Red Sea, and Eastern Desert each holding significant potential for exploration and production activities. - EUG supported the bid round with total of 𝟐𝟏 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐚𝐧𝐝 𝐩𝐡𝐲𝐬𝐢𝐜𝐚𝐥 𝐝𝐚𝐭𝐚 𝐫𝐨𝐨𝐦𝐬 engaged with 𝟒𝟑 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐜𝐭𝐢𝐯𝐞 𝐦𝐞𝐦𝐛𝐞𝐫𝐬. - In addition, EUG ran 𝐜𝐥𝐨𝐬𝐞 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭𝐬 𝐰𝐢𝐭𝐡 𝟐𝟓 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐎𝐢𝐥 𝐚𝐧𝐝 𝐆𝐚𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬. - EUG also conducted 𝟐 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩𝐬 𝐚𝐧𝐝 𝟐 𝐰𝐞𝐛𝐢𝐧𝐚𝐫𝐬 for All international Oil and Gas companies to provide more detatiled insights about the offered blocks. Our commitment to supporting and promoting the endeavors of oil and gas companies remains unwavering. We are dedicated to fostering growth and innovation within the upstream industry. 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫𝐰𝐚𝐫𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐟𝐫𝐮𝐢𝐭𝐟𝐮𝐥 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐨𝐧𝐠𝐨𝐢𝐧𝐠 𝐄𝐆𝐏𝐂/𝐆𝐀𝐍𝐎𝐏𝐄 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐁𝐢𝐝 𝐫𝐨𝐮𝐧𝐝 𝐚𝐭 𝟏𝐬𝐭 𝐀𝐩𝐫𝐢𝐥, 𝟐𝟎𝟐𝟒 #Upstream #oilandgas #exploration #bid_round

EnerGeo Alliance and IOGP - International Association of Oil & Gas Producers present the latest insights and technological advancements on marine seismic operations.   Seismic survey technology is used widely in the energy industry, including oil and gas exploration and production and offshore CO2 storage projects.   Report 448 - An overview of marine seismic operations is a useful resource for operators, regulatory bodies, and stakeholders keen to understand the methods, technology, and terminology used for marine seismic operations. It also provides information about the potential impact of marine seismic operations on the environment and outlines mitigation measures to minimize it.   👉Download the copy of the report here: https://lnkd.in/gDVzBPxH (the report is under "Geoscience Operations")   #seismic #marineseismic #oilandgas #exploationandproduction #CCS

As BIV News reported last year, two Alberta natural gas producers – ARC and Tourmaline Oil (TSX:TOU) –inked agreements with Cheniere to move natural gas produced in Alberta and B.C. to Louisiana via the North American pipeline system to supply Cheniere’s Sabine Pass LNG projects. Cheniere is expanding its Sabine Pass LNG terminal. Tourmaline and ARC each signed agreements last year with Cheniere to supply the American company with 140,000 MMBtus (million British thermal units) per day of natural gas from Alberta and B.C. Both companies are major producers in B.C.’s Montney formation in Northeastern B.C. ARC Resources is currently building a new $740 million natural gas processing plant in Northeastern B.C. -- the Attachie project. https://lnkd.in/g7mAmr3P

This is going to be a major game changer if Eni are given the nod by Cyprus government to proceed with this mega #deepwater gas discovery. Certainly this could come as a major relief to EU for a more steady gas supply source. #fpso #gas

The floating liquefaction natural gas (FLNG) platform is about to enter the gas production site of the Grand Tortue Ahmeyim GTA field. The floating liquefied natural gas (FLNG) platform is about to cross the common border between Mauritania and Senegal on its way to its final destination, the GTA field facilities. At the same time, the floating production and storage unit (FPSO) is about to enter the port of Tenerife, in the Canary Islands of the Kingdom of Spain, where it will undergo the necessary technical checks before being integrated into the GTA field's facilities system. The arrival of the FLNG liquefaction vessel at the production site and its definitive integration into the facilities system represent a historic moment in the GTA gas production project, which is now more than 90% advanced. The GTA project will thus have reached advanced stages of component integration in preparation for the start-up of gas production.