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Tag: Drilling
Dana Gas

UAE’s Dana Gas abandons Merak well, hires adviser to sell Egypt assets

Posted: July 29, 2019 at 3:38 pm   /   Oil & Gas

United Arab Emirates’ Dana Gas has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale of its Egyptian assets, worth over $500 million, two sources familiar with the matter said, as the company shifts its focus to its Kurdistan operations. The Abu Dhabi-listed energy producer – whose main assets […]

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Eni

Eni starts production from Western Desert, announces new discoveries onshore Egypt

Posted: July 23, 2019 at 11:05 pm   /   Oil & Gas

Eni starts output onshore Egypt: Italian player kicks off production from the Western Desert. Italian player Eni has started production from its fields in the Western Desert, onshore Egypt. The company said on Tuesday that production from South West Meleiha development lease kicked off with some 5000 barrels of oil. Eni announces new production from […]

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WintershallDEA

Wintershall Dea committed to Egypt, investment led to production boost

Posted: July 23, 2019 at 1:08 pm   /   Oil & Gas

Recent merger of Wintershall and DEA formed Europe’s leading independent gas and oil company. Investments in the company’s Egyptian oil and gas business lead to production boost. In early 2018, Wintershall Dea announced the start of an extensive work program in all own-operated Egyptian assets. The company is currently investing more than 500 Million US-Dollars […]

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drilling

Edison to drill Ameeq deepwater prospect offshore Egypt this year

Posted: July 19, 2019 at 8:55 pm   /   Oil & Gas

Edison eyes Ameeq wildcat off Egypt this year. Italian player to drill probe on 2.8 Tcf prospect in North Thekah licence, acreage that has synergies with Edison’s adjacent Royee block off Israel Italy’s Edison E&P is set to spud a deepwater wildcat in November or December this year on a major gas prospect on its […]

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ONS

EKH’s NSCO begins gas production from offshore North Sinai well

Posted: July 18, 2019 at 2:47 pm   /   Oil & Gas

Egypt Kuwait Holding’s (EKH) NSCO Investments Limited started production from its first North Sinai natural gas well on 13 July with a capacity of 25 mmcf/d, the company said in a stock exchange filing (pdf). EKH completed the drilling of its first North Sinai gas well at a cost of USD 15 million, and expects […]

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Eni Egypt

Eni to drill nine new wells in Egypt’s Zohr natural gas field until 2020

Posted: July 10, 2019 at 12:57 pm   /   Oil & Gas

Italy’s Eni is planning to drill nine new development wells in the Zohr gas field until 2020 to achieve production targets agreed upon with the Oil Ministry, an industry source told the press. Zohr’s development plan involves drilling 20 wells, 11 of which have already been drilled. The company is planning to link the 11th […]

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sdx

SDX Energy announces Egypt operational and corporate update

Posted: July 8, 2019 at 3:04 pm   /   Oil & Gas

Highlights Development of South Disouq (SDX 55% working interest and operator) continues on schedule and on budget, with factory acceptance tests for the central processing facility (“CPF”) and compressor, the first of three project milestones, now successfully completed. Both pieces of equipment are now commencing the process of being shipped to Egypt with a view […]

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Abu Rudeis

Petrobel announces new oil discovery in Abu Rudeis Concession, South Sinai

Posted: July 6, 2019 at 6:29 pm   /   Oil & Gas

Egypt’s Petroleum Ministry announced  on Thursday a new oil discovery in Abu Rudeis-Sidri area in South Sinai by Belayim Petroleum Company (PETROBEL). In a statement on Thursday, the ministry said Petroleum Minister Tarek El-Molla received a report from PETROBEL Chairman Atef Hassan that his company discovered a layer of crude oil, with vertical thickness of […]

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West Gharib

SDX makes new oil discovery in Egypt’s West Gharib concession

Posted: June 27, 2019 at 8:04 pm   /   Oil & Gas

SDX Energy Inc., London, encountered 134 ft of net heavy oil pay across the Lower Miocene age Yusr and Bakr formations, with an average porosity of 18%. Drilled to 5,323 ft TD, the Rabul-7 development well in the West Gharib concession in Egypt was completed as a producer, connected to the central processing facilities at […]

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ADES

ADES International awarded new offshore drilling rig contract in Egypt

Posted: June 24, 2019 at 1:01 pm   /   Oil & Gas

ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has been awarded a new two-year contract for its Admarine IV offshore jack-up rig in Egypt. According to ADES’ statement on Monday, the Admarine IV contract was awarded by a “leading Egyptian energy company” through tendering. […]

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