A tender for 1500hp rig

The Spanish SIPSA Oil company performs an international tender for renting another 1500hp rig to be used in the southern region of western desert due to the expansion of drilling operations in the region.

The company drills five wells in the north of the western desert, where the region is divided into deep wells in the north and shallow wells in the south.

An official source in the Egyptian General Petroleum Corporation (EGPC), there is an ambitious plan to get early production of the wells in that region in coordination with EGPC so as to maximize the added value of these discoveries.


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