ADVantage to drill deepwater Nigma prospect offshore Egypt
ADES International Holding has won an order to drill its second deepwater well in the Egyptian sector of the Mediterranean Sea. ADVantage, the joint venture between ADES and Vantage Drilling International, will drill the Nigma-1 well for an unnamed IOC, using the drillship Tungsten Explorer. The program is set to last 73 days. The contract […]
ADES International wins its second deepwater drilling contract in Egypt
ADES International Holding has secured a deep-water drilling contract in the Egyptian Mediterranean area. ADES confirmed the contract award on Friday with an unnamed “top tier international oil company”. Award to be sub-contracted out to company’s joint venture with Vantage Drilling. The company said it would provide the work via Vantage Drilling’s Tungsten Explorer. The […]
Eni starts production of Baltim SW field offshore Egypt in record time
Eni successfully started-up production from the offshore Baltim South West gas field in Egypt. Discovered by Eni in June 2016, the field goes on-stream in a record time. It lies within the Great Nooros area in which Eni first recognised great gas production potential and where it is conducting other new exploration projects. Eni announces the […]
SDX Energy announces successful MSD-19 well in West Gharib Concession
SDX Energy, the North Africa focused oil and gas company, has announced that the MSD-19 development well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator) has encountered a commercial oil accumulation. The well was drilled to a total depth of 4,665 feet and encountered approximately 135 feet of net […]
Dana Gas receives offers for its $500 million Egypt portfolio of assets
The UAE’s Dana Gas has received offers from companies interested in buying its USD 500 million Egypt portfolio, the company’s head of investor relations Mohammed Mubaideen told Mubasher. The company could potentially sell all of its assets in Egypt, depending on the offers it receives, Mubaideen said, adding that the deadline to receive offers is […]
Apache JV Qarun Petroleum drilled 10 Western Desert exploration wells
Qarun Petroleum, a joint venture between Apache and the Egyptian General Petroleum Company, has drilled 10 exploratory wells in the Western Desert, producing a combined 5k bbl/d, the Oil Ministry said in a statement yesterday. This will account for 16% of the company’s total production. The company is now considering investing USD 237 million during […]
EKH’s NSCO starts production from second offshore North Sinai gas well
Egypt Kuwait Holding’s (EKH) NSCO Investments started production from its second North Sinai natural gas well on 29 August with an output of 20 mmcf/d, the company said in a press release. The new well brings the company’s total production to 75 mmcf/d, a 200% increase compared to the first six months of 2019. The […]
GUPCO plans to inject $1.2 billion investments in next two years
Gulf of Suez Petroleum Company (GUPCO) plans to bring total investments in the fiscal years (FY) 2019/20 and 2020/21 up to $1.2bn to expand research, exploration, and development activities. The company aims to drill 13 new wells and carry out 12 repair operations, which will contribute to increasing production to targeted rates. Geologist Khaled Hamdan, […]
Shell to drill Montu well at West Delta Deep Marine concession this month
Shell is set to begin drilling at the Montu well in its West Delta Deep Marine (WDDM) concession in the Mediterranean Sea this month, the company said in a statement (pdf). The Discoverer India drillship will drill 6k meters below the water’s surface, setting a new record as the deepest well in Egypt. The well […]
BP to drill new wells in Qattameya, Atoll gas fields offshore Nile Delta
BP is preparing to drill two new wells in the Atoll and Qattameya natural gas fields in its North Damietta offshore concession in the Nile Delta, according to an Oil Ministry statement. The drilling work will cost USD 280 million. The Atoll field is expected to produce 100 mmcf/d of gas when it comes online […]
