drilling | Egypt Oil & Gas - Part 16

EDC Acquires 74% of Drilling Work in Egypt

The Egyptian Drilling Company (EDC) owns 74% of the offshore and onshore drilling market in Egypt, alongside performing 35% of well-repair activities, stated Salah Abdel Kerim, EDC’s head, according to Amwal Al Ghad. ...

PMS Signs 35 Contracts Worth $276 M in 2017

Petroleum Marine Services (PMS) signed 35 contracts worth $276 million, reaching its highest contracting rate since the day of its establishment, said Al Sayed Al Badawy, Head of PMS, Egypt Oil & Gas reports. The ...

Qarun to Drill 22 Wells in 2018/2019

Qarun Petroleum Company plans to drill 22 wells to expand its activities during fiscal year (FY) 2018/2019, for production to reach 11.9 million barrels during the fiscal year, said Ashraf Abdel Gawad, Qarun’s H...

SDX Targets 4,422 boe/d from North West Gemsa in 2018

SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d), Egypt Oil & Gas reports. The company’s stra...

Pharaonic Petroleum to Produce 512 mscf/d of Natural Gas in 2018/2019

Pharaonic Petroleum Company plans to be produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during fiscal year (FY) 2018/2019, said Head ...

GUPCO to Drill 4 Wells in FY 2018/2019

Gulf of Suez Petroleum Company (GUPCO) plans to drill 4 new wells, including one exploratory well and three development wells, and execute three maintenance operations for wells during fiscal year (FY) 2018/2019, acco...

SDX Energy Completes KSR-16 well in Morocco

SDX Energy Incorporation has announced that completion of the KSR-16 well on the Sebou permit in Morocco, which has been tested at a conventional natural gas restricted average flow rate into the sales line of 8.43 mi...

Shell to Drill 63 Wells in Western Desert

Royal Dutch Shell plans to drill 63 wells in the Western Desert during 2018, the CEO of Shell, Andrew Brown, said during a meeting with the Egyptian Prime Minister, Sherif Ismail, Egypt Oil & Gas reports. The comp...

Iraq Drills First Oil Well in Huwaiza

Iraq started drilling the first well in the Huwaiza oil field near the Iranian border. “The field may contain 1b barrels in reserves”, said the Iraqi Oil Ministry, according to Reuters. Iraqi Oil Minister,...

ADES Awarded New Drilling Contract in Egypt

ADES Oil and Gas Company won a new three-month contract for drilling offshore Egypt along with Eni’s subsidiary, IEOC, Digital Look reported. The contract was awarded by Belayim Petroleum, which is a joint ventu...

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