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 […]
TAG Oil achieves first production in Badr oil field in Egypt’s Western Desert
TAG Oil has announced the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field (‘BED-1’) in the Western Desert, Egypt. The Company perforated the Abu Roash ‘F’ formation (‘ARF Formation’) and conducted a Diagnostic Fracture Injectivity Test (DFIT). The reservoir was further fracture stimulated with a large 110 tons sand treatment and pump schedule with positive […]
Hitachi Energy Egypt holds workshop to demonstrate latest technologies for rail solutions
Bringing the energy to rail industry customers in Egypt. Hitachi Energy Egypt conducted a two-day workshop to showcase its portfolio of rail solutions in Egypt including grid connection solutions, rolling stock, communications, control & automation, software, and consulting services. Customers and partners from the public sector represented by the National Authority of Tunnels (NAT), Egyptian […]
Subsea Integration Alliance awarded bp WND tie-back contract offshore Egypt
Subsea 7 has announced the award of a substantial contract to Subsea Integration Alliance(1) by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt. 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 kilometres of flexible […]
ACWA Power’s 200MW Kom Ombo solar project obtains $123 million financing package
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, today announced that it has signed a US$123 million financing package to develop the 200MW Kom Ombo project, a utility-scale solar power plant in Egypt. Financing institutions for this project include European Bank for Reconstruction and […]
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 […]
Saipem completes all Zohr planning and development phases
Saipem oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea pipelines transporting gas to ground handling facilities in Port Said. The Saipem project team oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea […]
DNV and EGPC sign MoU to support Sustainability Program
Both parties commit to setting science-based targets for net zero goals. DNV, the independent energy expert and assurance provider, strengthened its commitment to tackling climate change through a Memorandum of Understanding (MoU) made with the Egyptian General Petroleum Corporation (EGPC) to support their effort to set science-based targets for their net zero goals. EGPC is […]
