Egypt
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.
News
May 03, 2023
The contract scope is for a two-well tie-back in the West Nile Delta block and includes the engineering, procurement, transport and installation of approximately six kilometers of flexible pipes, umbilical, and associated subsea structures in water depths of around 800 meters.
News
April 07, 2023
The purpose of this agreement is to provide technical advisory support to establish EGPC’s strategy and execute its plan to align with Egypt Vision 2030, covering all dimensions of the country’s SDGs.
News
March 27, 2023
To date, the southern area of the field has been appraised and developed using extended reach drilling techniques, which has enabled the completion of 3 production wells from the existing Geisum field GD platform, with a further well currently being drilled from the platform.
News
February 23, 2023
The MoU includes methane and decarbonization study tours and workshops for MOPMR employees at Chevron facilities in the U.S. and other locations, to build awareness of methane control technologies, measurement practices and projects to effectively reduce carbon emissions.
News
February 16, 2023
The study will focus on the decarbonization of the LNG terminal in IDKU operated by Shell through capturing and storing the carbon dioxide in a depleted reservoir in the Abu Qir offshore concession operated by Energean.
News
February 15, 2023
Egypt's two LNG terminals on the Mediterranean coast are designed to ship 12 million tons annually, but reaching those levels will depend on Egypt pumping more gas and receiving more flows from Israel.
News
February 10, 2023
According to the international shallow water offshore drilling contractor, the contract extension is in “direct continuation” of its current term with Gempetrco for work in in Egypt’s Gulf of Suez.
News
January 16, 2023
The Nargis-1 well has encountered approximately 200 net ft. of Miocene and Oligocene gas-bearing sandstones and was drilled in 1,014 ft. of water by the Stena Forth drillship. The discovery can be developed leveraging the proximity to Eni’s existing facilities.
News
January 10, 2023
Apex acquired all of IEOC’s interests in the Ras Qattara, West El Razzak and East Kanayis concessions. Apex will acquire the West Abu Gharadig concession following an extension and will become the operator of each through Farah Petroleum Company.
News
December 15, 2022
TAG Oil has chosen the BED 1-7 vertical well for its first re-completion and evaluation operations in BED-1. The data collected from BED 1-7 and incorporated into the modeling studies will help facilitate plans for drilling the first horizontal ARF well in BED-1.
News
June 02, 2022
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines.
News
May 09, 2022
Apex International Energy announced the Fajr-8 development well was tested at a daily rate of 2,440 barrels of oil and negligible water.
News
April 13, 2022
Eni SpA signed a framework agreement to boost flows of liquefied natural gas from Egypt to Italy, as European nations step up efforts to wean themselves off Russian energy in the wake of Moscow’s attack on Ukraine.
News
January 21, 2021
Energean PLC announced a Final Investment Decision has been taken on the North El Amriya and North Idkunea concession subsea tieback project in offshore Egypt.
News
January 20, 2021
The partners in the Leviathan and Tamar fields, which sit off Israel’s Mediterranean coast, signed an agreement under which Israel Natural Gas Lines Ltd. will lay a new subsea pipeline and expand some of its existing ones, according to a statement Tuesday from Delek Drilling LP, a shareholder in both reservoirs.
News
January 01, 2021
This deal, plus more to be announced, target drilling 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, with a minimum total investment seen at $1.4 billion.
News
December 30, 2019
The awards add upstream interests to ExxonMobil’s long-standing downstream presence in Egypt, where it has been a leading fuels, lubricants and specialties marketer since 1902.
News
September 11, 2019
Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe’s doorstep.
News
September 06, 2019
The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km2 that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea.