Total and Shell will need to carry out a 3D seismic acquisition campaign in the Mediterranean, offshore Egypt, after signing an exploration and production agreement for the North Ras Kanayis offshore block in the Herodotus basin.
Total and Shell will need to carry out a 3D seismic acquisition campaign in the Mediterranean, offshore Egypt, after signing an exploration and production agreement for the North Ras Kanayis offshore block in the Herodotus basin.
A consortium led by Total (Total 35% operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company will shoot seismic over the block covering an underexplored area of 4550 km2, extending from 5 to 150 km from the shore, with water depths ranging from 50 to 3200 m.
Kevin McLachlan, senior vice-president exploration at Total, said: ‘We are excited by the exploration potential of the North Ras Kanayis Offshore block. It reinforces our presence in Egypt, following a gas discovery made in July 2020 with the Bashrush well on the North El Hammad licence.’