Egypt

News
June 20, 2024
This sale enables Energean to rationalize the portfolio and focus on its gas-weighted, gas development strategy, underpinned by the Karish Field in Israel and recent farm-in to the Anchois field in Morocco.
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.
News
November 14, 2023
Imports are expected to rise to 650 MMcfd on Thursday, and to the normal level of 800 MMcfd early next week, from about 250 MMcfd earlier in November, the person said, asking not to be named because the information isn’t public.
News
November 13, 2023
Chevron Corp. has started supplies to local customers in Israel and the region from its Tamar natural gas field, the company said Monday. The field was closed last month on safety concerns following Hamas’s Oct. 7 attack on Israel.
News
November 03, 2023
The giant offshore Leviathan field is exporting the fuel after another Israeli field, Karish, returned from an outage, allowing domestic demand to be met, said people familiar with the matter, who asked not to be named because the information isn’t public.
News
October 30, 2023
The halt in the gas imports appears linked a decision earlier this month by Israeli authorities to shut down the offshore Tamar gas field amid concerns it could be impacted by the fighting between its military and Hamas in the Gaza Strip.
News
October 04, 2023
Located offshore Egypt’s northeastern Mediterranean coast, the East Port Said block lies in water depths up to 800 m and covers an area of approximately 2,600 km2.
News
September 28, 2023
TAG Oil Ltd. has commenced drilling the horizontal portion of the BED4-T100 ("T100") well in the Badr oil field ("BED-1") in the Western Desert of Egypt. TAG Oil successfully drilled the vertical pilot hole to a depth of 3,290 m.
News
August 23, 2023
The operation is being carried out with the ADM-8 rig, operated by ADES, and has a final target depth of around 3,600 m.
News
August 22, 2023
The new Nubia discovery confirms the exploration potential in the northern area of the concession. The discovery also demonstrates that, whilst the Gulf of Suez is a relatively mature hydrocarbon province, it still has significant remaining exploration potential.
News
June 19, 2023
The performance of the BED 1-7 vertical well test has achieved the company's objectives for the well, including the Diagnostic Fracture Injection Test (DFIT) pressure leak-off for indications of reservoir parameters, fluid samples from the ARF, successful completion of a large single-stage fracture treatment on the ARF, and inflow performance testing of the stimulated well.
News
May 09, 2023
Data collected from the well along with geomechanical and 3D seismic review has enhanced TAG’s horizontal well design. Plans are underway to secure a drilling rig to drill the first horizontal well designed with a multi-stage fracture stimulation.
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