
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. […]

Energean confirms first gas from North El Amriya & North Idku, offshore Egypt
Energean has confirmed that first gas has been safely delivered at North El Amriya and North Idku (‘NEA/NI’), offshore Egypt. Highlights: The NEA/NI development, located in shallow water, offshore Egypt, contains an estimated 39 mmboe[1] of 2P reserves (88% gas) with net working interest production expected to peak at 15 – 20 kboed (88% gas) in 2024. The development leverages existing […]

Shelf Drilling secures contract extension on Rig 141 offshore Egypt
UAE-headquartered offshore drilling contractor Shelf Drilling has secured a one-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt. Following this extension, the expected availability of the rig is February 2024. (Source: Shelf Drilling)

Stena Drilling signs contract with Shell to drill 3 wells offshore Egypt
NEW CONTRACT IN EGYPT FOR STENA FORTH: STENA DRILLING IS PLEASED TO ANNOUNCE THAT WE HAVE SIGNED A NEW CONTRACT WITH BG DELTA LIMITED & BG INTERNATIONAL LIMITED SUBSIDIARIES OF SHELL PLC (SHELL) FOR THE MOBILE OFFSHORE DRILLING UNIT (MODU) STENA FORTH. The operations for Stena Forth in Egypt are due to commence in 2023 upon completion of existing […]

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 […]

ExxonMobil secures exploration rights to two blocks, Masry & Cairo, offshore Egypt
ExxonMobil Secures Exploration Acreage Offshore Egypt: ExxonMobil said today it has secured exploration rights to two blocks, Masry and Cairo, offshore Egypt. The blocks are located in the outer Nile Delta and cover more than 11,000 square kilometers. The awards are subject to governmental approval of the concession agreements covering the blocks, and their signature […]

Eni shoots for stars with 11 Tcf probe offshore Egypt – Upstream Online
Well targets huge Thuraya prospect – named after Pleiades constellation – in block that may host extension of Chevron’s Nargis discovery. Italian major Eni could be weeks away from unveiling another massive new gas discovery offshore Egypt, although it is too early to know for sure. If the Thuraya-1 probe meets expectations, its gas would […]

Egypt launches new bid round for oil & gas exploration in Mediterranean, Nile Delta
Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the state news agency reported on Tuesday. The tender was set for 12 blocks, split evenly between onshore and offshore, and the deadline for offers in the bid round was set for April 30, 2023, […]

Saipem awarded contracts offshore Egypt, Guyana worth $1.2 billion
Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters. The contract […]

Chevron finds 3.5 tcf of gas in Egypt’s offshore Mediterranean
A big gas find in the EastMed: Chevron has discovered an offshore gas field in the Mediterranean estimated to hold 3.5 tn cubic feet of gas, a source tells MEES. The US energy giant made the finding drilling its first ever offshore well in Egypt at its Narges block off the coast of North Sinai, in which […]