The Egyptian Drilling Company (EDC), the drilling arm of Egypt’s petroleum sector, has begun a new overseas operation with the deployment of the EDC 42 and EDC 52 drilling rigs in the Diyarbakir region of southeastern Türkiye.
The project is being implemented under a two-year contract between EDC and the Turkish Petroleum Corporation (TPAO) valued at $43 million, according to the Ministry of Petroleum and Mineral Resources (MoPMR).
The ministry noted that both rigs began operations in April 2026 with the aim of drilling wells to depths of up to 15,000 feet.
EDC has completed the first drilling section of one of the wells, including casing and cementing operations, while drilling has reached a depth of about 2,200 meters.
The ministry added that EDC expects production to commence within a month, with initial output estimated at between 500 and 1,000 barrels per day (bbl/d).
EDC has bolstered its regional presence, securing new contracts in Kuwait and Türkiye with total projected revenues of $86 million. Furthermore, EDC is seeking entry into new markets, including India, the UAE, Oman, and West Africa, according to the company’s general assembly meeting in April, convened to review its 2025 results.
Established in 1976 with a capital of EGP 100,000 and a single onshore rig, EDC has grown into a regional leader with a fleet of 66 onshore and offshore rigs. It currently employs 5,600 personnel across Egypt, Saudi Arabia, and Kuwait, serving as a trusted partner for major Middle Eastern energy companies.