drilling | Egypt Oil & Gas

MoPMR Targets Drilling 101 Exploratory Wells in 2026

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 ...

Eni Kicks Off New Investment Program in Egypt with Belayim Well

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 ...

UK’s Terra Petroleum Debuts in Egypt with Western Desert Exploration Deal

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 ...

Dana Gas Unveils Major Discovery in Nile Delta

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 Drills Deepest Horizontal Well in Bazarkan

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 Uses Valaris Deepwater Rig to Drill 5 New Gas Wells Offshore the Mediterranean

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 ...

Badawi Inspects El-QAHERII Rig Ahead of Deep Drilling in the Mediterranean

Minister of Petroleum and Mineral Resources, Karim Badawi, inspected the offshore drilling rig Cairo-2, operated by Modern Drilling Company (MDC) in Alexandria, before its transfer to its next drilling site at Den ...

UAE Dragon Oil to Invest $30mn in New Wells in Gulf of Suez

UAE Dragon Oil has signed a new agreement with the Egyptian General Petroleum Corporation (EGPC) to drill at least two new oil and gas wells within East El-Hamd area in the Gulf of Suez region with investments of ...

EGAS, bp to Drill Five Exploratory Gas Wells in the Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) has signed a memorandum of understanding (MoU) with bp for assessing opportunities to implement a drilling program of five exploratory wells at depths ranging from 3 ...

A New Agiba Western Desert Exploration Well to Add 3,100 (boe)

The exploration activities in the North Lotus Deep-1 well in Western Desert yielded positive results and it will add about 1,835 barrels of crude oil per day (b/d) and 7 million cubic feet of natural gas daily (mc ...

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