drilling | Egypt Oil & Gas

TAG Oil Unveils Mid-July Drilling Plans for T-200 Well in BED-1 Field

Canadian-based TAG Oil revealed on June 16 that drilling will commence at T-200 well in the BED-1 field located at the Western Desert, following the drilling rig mobilization later this month.

The company s ...

EDC Begins $43 Mn Two-Year Drilling Campaign in Türkiye

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 southeas ...

ExxonMobil-Led Consortium to Launch Offshore Drilling in Greece with Stena Drilling

A consortium comprising US oil major ExxonMobil, Energean, and Greece’s leading refiner Helleniq Energy is set to sign a contract with Stena Drilling to initiate exploratory drilling in an offshore block in wester ...

Badawi Inspects Valaris DS-12 as bp,Arcius Launch New Mediterranean Drilling Campaign

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt's territorial waters to begin a five-well natural gas exploration program in ...

ARCIUS Energy, bp Start Offshore Gas Drilling in Mediterranean

ARCIUS Energy and bp are set to begin offshore gas drilling operations in the Mediterranean Sea, following the arrival of the drillship Valaris DS-12 in Egypt to support the development of new exploration wells.

Ganope Targets EGP 4 Bn Revenue in FY 2026/27

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 ...

Shell Finds Encouraging Gas Signs at Sirius-1X Well

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 Launches First Offshore Drilling Mission in Somalia

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 ...

Egypt Partners with Global Oil Majors to Double Production in Five Years

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 ...

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 ...

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