We are excited to announce that Perenco North Sinai signed a new agreement with H.E. Tarek El-Molla, Egypt’s Minister of Petroleum and Mineral Resources, to add 140 Km2 to the existing Offshore North Sinai development lease in the Eastern Mediterranean.
Eng. Raafat El Beltagy, CEO & President, said that the initial investment in the new area is about $100 Million, and that will enable us to continue our operatorship in the Eastern Mediterranean to meet Egypt’s growing demand.
The Gateway for a better deep target image
MOG Energy has applied the best of the Broad-Seis technology to the 3D Broad Band acquired seismic data through the reprocessing project in Offshore North