drilling | Egypt Oil & Gas - Part 23
OSOCO Issues Tender for New Rig in Egypt’s Gulf of Suez
Egypt Oil & Gas has learned that Offshore Shukeir Oil Company Co. (OSOCO) is preparing to launch a tender for a new rig for its development plan for the current fiscal year in the Gabal Al-Zayt concession area in the ...
PETROSILAH Drills New Exploratory Well in Western Desert
Egypt Oil & Gas has learned that PETROSILAH has completed the drilling of a new exploratory crude oil well in the Western Desert concession area in order to implement the company’s drilling program during the current ...
NORPETCO Issues Tender for New Rig in Egypt’s Western Desert
Egypt Oil & Gas has learned that NORPETCO has launched a new tender to hire a new rig to execute its drilling program for the current fiscal year in the El-Bahariya fields in the Western Desert concession area.
Obstacles Persist to Arctic Drilling
There are serious obstacles still confronting Arctic drilling, stated ...
EGPC to Issue Tender for 3 Rigs
Egypt Oil & Gas (EOG) learned that EGPC will issue a tender before the end of this year to lease 3 rigs. The rigs are to drill 5 new wells in fields operated by Petrobel and Khalda.
US Shale Producers Lose Price Bet
The majority of US shale oil and gas producers passed up the opportunity to hedge prices by guaranteeing at least $60/b last quarter, Reuters
Schlumberger Buys Cameron, Becomes Industry’s First Integrated Drilling and Production Company
Schlumberger has announced that it will buy oil services rival Cameron International for nearly $13b in cash and stocks,
GUPCO Expands Production After Field Developments
Egypt Oil & Gas (EOG) learned that GUPCO has drilled 3 new wells in its concession area in the Gulf of Suez by drilling three new wells – Hilal B1, Hilal B2 and EDFU A7 ; in addition to an exploratory well GS277-A5.
Circle Oil Renews Contracts for Tunisian Field
Irish oil producer Circle Oil recently renewed its contract for a Tunisian concession, The Irish TimesPage 23 of 29
