Egypt announces EGAS 2022 International Bid Round result with four blocks awarded
The Ministry of Petroleum and Mineral Resources announced the results of the international bid round by the Egyptian Natural Gas Holding Company (EGAS) for the search and exploration of natural gas and crude oil in the Mediterranean Sea and Nile Delta regions, which closed in mid-July 2023. Four exploration areas were awarded, three of which […]
IPR Energy Group Announces Major Find in Alamein, Western Desert, Egypt
Texas-based IPR Energy Group (IPR) is pleased to announce a major find in the Alamein/Yidma Concession, where IPR holds a 100% Working Interest. This unprecedented find encountered 27 ft of net pay in the Lower Kharita reservoir, with an average production rate of 3,300BOPD at 36°API with less than 1% BS&W on a ½ in. […]
TWMA awarded $15m contract by bp for WND, END Projects in Egypt
TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt. The drilling waste management specialist will utilise its award-winning RotoMill drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in the Mediterranean […]
IPR Energy Discovers Oil in North Beni Suef Concession, Western Desert, Egypt
Texas-based IPR Energy Group (“IPR”) announced the discovery of oil in its exploration concession North Beni Suef (NBS), where it operates the 5,060 km2 concession, located in Upper Egypt near Beni Suef. The first exploration well, NBS-1X, was drilled to a depth of 8,185 ft MD after a successful drilling campaign with a 1,500 hp […]
Neptune Energy updates Egypt, North Sea, Indonesia drilling schedule
Neptune Energy expects the Gudrun Field electrification project in the Norwegian North Sea to start up in the fourth quarter, the company said in its latest results statement. The Statoil-operated platform will receive power from shore via a connection to facilities serving fields in the Utsira High area. Later this year Neptune plans to drill […]
TotalEnergies-led consortium to start drilling offshore Lebanon in September
TotalEnergies, Eni and QatarEnergy have assigned a rig for the offshore southern block and will start drilling for oil and gas off the coast of Lebanon later this year. A consortium led by TotalEnergies will start drilling for oil and gas off the coast of Lebanon at the beginning of September, the country’s caretaker energy minister […]
Chevron seeks drilling vessel to ramp up East Med exploration – reports
Energy major Chevron is looking for a drilling vessel to explore for more natural gas off Cyprus, Egypt, and Israel to help fulfill increasing demand for energy in Europe and the region, Reuters reports, citing two unnamed sources. The company reportedly issued a tender to lease the vessel starting in 2024. Chevron is expanding in the region: The company is working […]
Eni prepare to drill new Mediterranean exploration well at North East Hap’y concession
Eni is preparing to start drilling an exploration well at its Mediterranean North East Hap’y concession in September, Al Mal reports, citing anonymous industry sources. One of the company’s operating companies in Egypt, the Belayim Petroleum Company (Petrobel),will handle the drilling of the Orion X1 well, which is expected to cost USD 130 mn, the newspaper’s sources say. Eni […]
Neptune prepares for well on Yakoot gas prospect offshore Egypt
Neptune Energy provides offshore Egypt and Indonesia project updates in its full-year 2022 report. Neptune Energy expects to drill its first operated well this summer in Egypt’s North West El Amal concession in the southern Gulf of Suez. The well, targeting the Yakoot structural trap in shallow water, follows the acquisition of 3D seismic in 2020. […]
Eni announces New Gas Discovery in Eastern Mediterranean Sea, offshore Egypt
Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered approximately 200 net feet (61 m) of Miocene and Oligocene gas bearing sandstones and was drilled in 1,014 feet (309 m) of water by the […]
