drilling | Egypt Oil & Gas - Part 20
Aramco, Nabros Formed Drilling Partnership
Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors. The joint venture, which will be equally owned by Sa...
Zion Oil to Drill Oil Well in Israel
Zion Oil & Gas is moving closer to starting drilling operations in Northern Israel as it compiles with two key conditions set by Israel’s Petroleum Commissioner, World Oil Reported. Zion’s CEO, Victor G. Carrillo,...
Eni, BP to Extract 350mcf/d of Gas from South Baltim Field
Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year, according to Al-Borsa News. The production is sc...
EGAS Completes Drilling 4th Well in Zohr Field
The Egyptian Natural Gas Holding Company (EGAS) Chairman, Mohamed El Masry, has announced that his company has completed drilling the fourth well in Zohr natural gas field, in the Mediterranean Sea, according to Al Ba...
Italy’s Eni to Start Drilling Offshore Cyprus in 2017
The CEO of Italian oil and gas company Eni, Claudio Descalzi, has announced that exploratory drilling off Cyprus’ southern shore will be initiated in 2017, according to Hellenic Shipping News. After discussions with C...
EGPC, Apache Ink Five-Year Extension Agreement
Apache Corporation has signed a five-year extension agreement to its Khalda-2 drilling concession in the Western Desert, reported Egypt Oil & Gas, according to an exclusive press release. Egypt Independent wrote t...
Shell Reveals $342m Investment Plans in Egypt
Royal Dutch Shell has announced its new plans for the coming fiscal year (FY) 2016/2017 in Egypt, the Anglo-Dutch oil and gas giant sets its eyes on investing $342m in drilling 33 wells in its concession areas that ar...
Sasol Investing $1.4b in Mozambique Gas Platform
South African energy group Sasol has started drilling the first of what will be 12 new gas and oil wells in Mozambique –with first production expected in mid-2019–, where the government recently approved a production ...
