drilling | Egypt Oil & Gas - Part 28

Dana Gas to Ramp up Production in Egypt

Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production in Egypt this year, the company’s chief executive said.

Cairn Energy Plans Further Drills for Senegal Offshore Discoveries

Following the successful drilling campaign offshore Senegal in 2014, FAR Ltd, ConocoPhillips, Cairn Energy (the operator of the licence) and Petrosen (the government of Senegal) are planning a first phase work progra ...

Brazil Reconsidering Role of Foreign Firms in Deepwater

There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer grapples with the industry’s biggest debt load and funding co ...

Greenpeace Boards Shell Vessel in Protest of Arctic Plans

Arctic-drilling protesters from Greenpeace climbed aboard a Royal Dutch Shell Plc oil rig Monday as it was transported across the Pacific Ocean northwest of Hawaii.

Argentina Threatens Legal Action Over Falkland Island Drilling Activity

Argentina is threatening to take legal action against Britain over oil drilling off the coast of the Falkland Islands.

Drills and Capex Sacrificed by KMG EP Due to Oil Prices

KazMunaiGas Exploration Production (KMG EP) has been forced to slash its 2015 capex spending and reduce its planned development drilling by 78 wells because of the low oil price environment

Circle Withdraws from High-Risk Onshore Oman Well

Circle Oil has had to plug and abandon its Shisr-1 well onshore Oman because of drilling difficulties and failing to find hydrocarbons.

Oman: $116 million for New Drilling Project

Dalma Energy, a leading drilling contractor, has partnered with National Bank of Oman (NBO) for the financing of a new project for Petroleum Development Oman (PDO), according to a report.

Qatari Drilling Outfit Makes Record Profits

Qatar’s Gulf International Services (GIS) on Tuesday reported a 108.4% increase in net profit last year after strong growth in the company’s drilling sector and a one-off non-cash accounting adjustment.

Offshore Drilling Set to Increase in 2015

Based on Douglas-Westwood’s offshore drilling forecast, there are still plenty of wells to be drilled if the 2015 oil prices average between $50-70/bbl.

Page 28 of 29

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