Egypt

News
May 13, 2024
QatarEnergy will acquire a 40% working interest in each of the “Cairo” and “Masry” Offshore Concession Agreements, which were awarded to ExxonMobil in January 2023 and cover an area of approximately 11,400 km2 in water depths of 2,000 to 3,000 m.
News
May 10, 2024
An initial contract was awarded in May 2023 to a consortium including SLB, Subsea Integration Alliance and Saipem for the engineering, procurement, construction and installation of the second development phase (2a) of the Sakarya natural gas field.
News
April 25, 2024
TAG Oil Ltd. has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 ("T100") well location in Egypt.
News
March 21, 2024
The survey revealed a Messinian evaporite layer of variable thickness extends across most of the area. The survey is tied to the Kiwi-1 well, one of the few wells in this deepwater area, and primary targets are likely to be pre-salt Oligo-Miocene structures with clastic reservoirs.
News
March 04, 2024
Shelf Drilling, Ltd. has secured a two-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company (“Gempetco”) for operations in the Gulf of Suez offshore Egypt.
News
February 28, 2024
The new spending will occur during the next three to four years, a bp spokesperson said in an emailed response to questions. bp will continue to hold about 70% of its existing interests in Egypt outside the joint venture with ADNOC.
News
February 22, 2024
TAG Oil has now commenced drilling the T100 horizontal pay zone section, which is expected to take up to approximately three weeks to complete the drilling of the planned 1,000-meter horizontal section and run the completion technolo
News
February 14, 2024
bp will contribute its interests in three development concessions, as well as exploration projects in Egypt to the venture, according to a statement. ADNOC will provide cash to help fund future growth opportunities, the company said, without providing a value.
News
January 24, 2024
The West Delta Deep Marine (WDDM) concession is located approximately 90 km offshore Egypt, on the north-western part of the Nile Delta. Significant gas volumes have been discovered in numerous fields and reservoirs.
News
January 18, 2024
The new data set is relevant for companies seeking to establish a presence in the area and for existing operators aiming to refine their exploration strategies.
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