(ZANZIBAR ) - While braving a global pandemic (COVID-19) in the middle of 2020, Zanzibar launched its vision 2050 – a document laying out the semi-autonomous archipelago’s ambitious goal of attaining high middle income status by the year 2050.
The island plans to achieve this through building a diverse and resilient economy in three 10-year periods. The blue economy agenda is set to carry a majority of the transformations needed in the economy in order to achieve diversification in Zanzibar’s economy. Oil and gas, a sector still in exploration stages, is an area of focus alongside the blue economy.
It is no surprise that Zanzibar is embarking on a journey to diversify its economy. Tourism contributes significantly to Zanzibar’s economy and this left the economy significantly exposed to the effects of the COVID-19 pandemic, further motivating economic diversification. Travel restrictions across the globe resulted in more than a 50% drop in the number of tourists visiting Za
UAE: PGNiG prepares to drill its first well in the United Arab Emirates
07 May 2021
PGNiG starts the second stage of exploration works in Ras Al Khaimah Emirate. The company is at the stage of making design and location arrangements for the first exploration well, which will provide an answer to the question about the production potential of the licence where PGNiG operates.
The project assumes drilling an exploration well to a maximum depth of about 3,500 metres. Its location will be determined on the basis of the results of the analysis of the three-dimensional seismic image. PGNiG is beginning preparations for tenders, which will select contractors for drilling and other services. The drilling is planned to commence in Q3 2022.
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PGNiG has started the second stage of exploration works in Ras Al Khaimah Emirate, in the United Arab Emirates (UAE). The company is at the stage of making design and location arrangements for the first exploration well, which will ascertain the production potential of the licence where PGNiG operates.
The project assumes drilling an exploration well to a maximum depth of about 3500 m. Its location will be determined on the basis of the results of the analysis of the three-dimensional seismic image. PGNiG is beginning preparations for tenders, which will select contractors for drilling and other services. The drilling is planned to commence in 3Q22.
Eni awarded onshore Block 7 in Ras Al Khaimah
RAS AL-KHAIMAH, 5 hours, 16 minutes ago Italian oil major Eni, through its subsidiary Eni RAK, has been awarded Block 7 covering an area of 430 sq km onshore Ras Al Khaimah, UAE. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al Khaimah. Italian oil major Eni, through its subsidiary Eni RAK, has been awarded Block 7 covering an area of 430 sq km onshore Ras Al Khaimah, UAE. The exploration and production sharing agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al K
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Eni strengthens its presence in the Emirate of Ras Al Khaimah through the award of Onshore Block 7
édité le 20/04/2021 - Plus de news de ENI - Voir la fiche entreprise de ENI
Eni, through its subsidiary Eni RAK, has been awarded Block 7 located in the onshore of Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al Khaimah.