Kuwait Energy Egypt kicks off 2021 Abu Sennan drilling campaign
Kuwait Energy Egypt has commenced its 2021 drilling campaign with the spudding of the ASH-3 development well in Egypt’s Abu Sennan license on Jan. 4, said partner United Oil & Gas PLC in a Jan. 5 release. ASH-3 is a vertical well targeting the producing Alam El Bueib (AEB) reservoirs at a depth of 3,600-3,950 […]
EDC-50 rig contracted for Abu Sennan ASH-3 well in Egypt’s Western Desert
Kuwait Energy Egypt and Abu Sennan license partners let a contract for the EDC-50 rig to drill the ASH-3 well in Egypt’s Western Desert. ASH-3 will target producing Alam El Bueib (AEB) reservoirs in an area of ASH field updip of the ASH-2 production well, which came onstream at the beginning of the year and […]
Neptune Energy digitalises drilling & wells with Halliburton Cloud Apps
Neptune Energy announced it will adopt Halliburton’s DecisionSpace 365 well construction suite of cloud applications to consolidate all global drilling and wells activities, improve efficiency and significantly reduce non-productive time, leading to potential annual savings of more than $20 million. The three-year agreement – part of Neptune’s digital subsurface programme – will create a platform […]
Apache can spend up to $900 mn at its Western Desert concessions this year
US oil and gas producer Apache could spend as much as USD 900 million at its Western Desert oil concessions this fiscal year if oil prices mount a recovery, Al Mal reports, citing a senior official at the Egyptian General Petroleum Corporation (EGPC). The company spent some USD 840 million in Egypt last fiscal year […]
Winteshall Dea switches its Mittelplate platform to be powered by renewables
Mittelplate: Switch to 100% green power from shore will significantly reduce CO2 emissions Drilling and production island to eliminate up to 36,000 tonnes of CO2 per year “Power from shore”: island to be powered by certified power from 100% renewable energy sources Another concrete step towards lower emissions and improved climate protection All production sites […]
Bapetco made eight new discoveries in Egypt in FY 2019-2020
Shell-EGPC JV Badr El-Din Petroleum Company (Bapetco) made eight new discoveries in its Egypt concessions in FY2019-2020 with confirmed oil reserves of 10.6 mn bbl, according to an Oil Ministry statement. Bapetco drilled 44 developmental wells and one exploratory well last fiscal year. (Source: Enterprise.press)
Wintershall Dea Q2 2020 Results: unaffected production, stable operations despite pandemic
Q2 2020 Results: Despite the pandemic – unaffected production and stable operations Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2020 results. Mario Mehren, Wintershall Dea Chairman & CEO, says: “The quarter was without doubt one of the most challenging that the industry has seen in a long time. […]
IOCs to begin conducting West Mediterranean seismic surveys in Q4 2020
International oil and gas players will begin conducting seismic surveys in Egypt’s Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An unspecified number of companies will kick off the surveys as soon as the House of Representatives ratifies their exploration agreements, […]
Kom Ombo Petroleum to start $3m drilling operation at Baraka concession
Kom Ombo Petroleum — a JV between the Egyptian General Petroleum Company and Mediterra Energy — will begin drilling two wells at its Baraka concession, which is expected to cost USD 2.5-3 mn, Al Mal reports, citing unnamed industry sources. The Baraka concession has produced some 350 to 400 bbl / d of oil this […]
Eni: Bashrush discovery offshore Egypt tested with success
Eni: Bashrush discovery, in North El Hammad concession in Mediterranean Sea of Egypt, tested with success. Eni (as the Operator of the Block), bp and Total (as Contractor members) have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta. […]
