Latest news with #seismicSurvey
Arab News
12 hours ago
- Business
- Arab News
Libya, Turkiye sign geological, geophysical MoU on four offshore areas, NOC says
TRIPOLI: Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday. 'Discussions were also held regarding conducting a two-dimensional seismic survey (10,000 km long), and processing the data resulting from these surveys within a period not exceeding 9 months,' Libya's state oil firm said in a statement. NOC said the agreement was signed in Istanbul by the two companies' executives., It provided no further details.
Reuters
12 hours ago
- Business
- Reuters
Libya, Turkey sign geological, geophysical MoU on four offshore areas, NOC says
TRIPOLI, June 25 (Reuters) - Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday. "Discussions were also held regarding conducting a two-dimensional seismic survey (10,000 km long), and processing the data resulting from these surveys within a period not exceeding 9 months," Libya's state oil firm said in a statement. NOC said the agreement was signed in Istanbul by the two companies' executives., It provided no further details.
Zawya
15 hours ago
- Business
- Zawya
Egypt signs agreement for regional seismic survey in Southern Western Desert
Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi has witnessed the signing of a new agreement to carry out a regional seismic survey in the southern Western Desert, as per a statement. The signing marks a significant step in boosting exploration activities in Upper Egypt. The agreement was signed between South Valley Egyptian Petroleum Holding Company (Ganope) and the Ardiseis Egypt branch. It involves a two-dimensional seismic survey using ground-based node technology. The project spans approximately 103,000 square kilometers, including the West Assiut and Dakhla sedimentary basins, with a total survey line length of around 5,233 kilometers. Operations are set to begin within the few coming weeks. Badawi said the survey represents an important step towards opening new horizons for exploration in promising geological areas, especially in Upper Egypt. He added that the project also strengthens technical and investment cooperation between the Egyptian and Saudi petroleum sectors, aligning with Egypt's broader strategy of advancing regional integration. Furthermore, the agreement supports the goals of the sector's first strategic axis: delivering petroleum products to citizens at the lowest possible cost by ramping up production and expanding exploration and drilling activities. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
