South Valley Egyptian Petroleum Holding Company (Ganope) targets revenues exceeding EGP 4 billion and net profits surpassing EGP 1 billion, in the fiscal year (FY) 2026/27, according toAshraf Bahaa the company's C ...
Drilling results from the exploratory well Sirius‑1X, which is located in the North‑East Alameya block in the Mediterranean Sea and operated by Shell, show encouraging preliminary indications after reaching the ta ...
Türkiye has begun the deployment of its deep-sea drilling vessel, Cagri Bey, to Somalia, marking the country’s first offshore exploration mission beyond its own maritime jurisdiction, according to Reuters. Energy ...
Minister of Petroleum and Mineral Resources Karim Badawi has held high-level talks with senior executives from SLB, Baker Hughes, Weatherford, Halliburton, National Energy Services Reunited Corporation (NESR), and ...
Minister of Petroleum and Mineral Resources Karim Badawi announced an ambitious 2026 roadmap featuring the drilling of 101 exploratory wells to bolster national reserves. Speaking at an American Chamber of Commerc ...
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected drilling operations at the Belayim offshore 133 well in the Gulf of Suez, marking the first drilling activity under Italian energy company Eni's ...
The Egyptian General Petroleum Corporation (EGPC) has signed an oil and gas exploration agreement with UK-based Terra Petroleum, marking the company’s first operations in Egypt. The agreement, worth $6.5 million i ...
Under its $100 million investment plan in Egypt, Dana Gas PJSC made a new gas discovery in the Nile Delta with initial reserves estimated at 15–25 billion cubic feet (bcf). The discovery came as El Wastani Petrole ...
Iraq's Misan Oil Company sets three new field records for depth, length, and displacement by completing the deepest horizontal well in the Bazarkan oil field.
bp has signed a contract with Valaris, an American offshore drilling contractor, to drill five new natural gas wells in its Mediterranean concession areas at a depth of 300-1500 meters, utilizing the Valaris DS-12 ...
