exploration wells | Egypt Oil & Gas

Egypt to Drill 35 New Natural Gas Exploration Wells over 2 Years with $1.8B in Investments: El Molla

The new wells will be drilled with a total of investments amounting to $1.8 billion, with 21 wells during the current fiscal year 2023/24 and 14 wells during the fiscal year 2024/25.

GPC to Drill 15 Wells in Eastern, Western Deserts

The General Petroleum Company (GPC) aims to drill 15 exploration and development wells in the H2 of the fiscal year (FY) 2020/21.

PDO Oil, Gas Production Reaches Record Levels in 2019

Petroleum Development Oman (PDO), Oman’s largest oil producing company, achieved record production of 1.210 million barrels of oil equivalent per day (mmbbl/d) in 2019, a 0.41% increase from 2018’s 1.205 mmbbl/d.

Khalda’s Investments to Reach $792 MM in FY 2020/21

Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.

El Molla Reviews Qarun Budget for FY 2019/20 -2020/21

The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget f ...

Wintershall Dea Signs Concession Agreement for East Damanhour Exploration at EGYPS 2020

Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block.

Ministry of Petroleum Announces 10 New Exploration Wells in Western Desert

The Ministry of Petroleum and Mineral Resources announced 10 new exploration wells in the Western Desert in the East Bahareya Extended Area 3, with an average daily production of 5,000 barrels of oil equivalent pe ...

KrisEnergy De-Risking Vietnam Hydrocarbon Prospects

KrisEnergy has announced that the CGG Amadeus vessel has commenced a 570 square kilometre 3D seismic acquisition programme in the Block 120 exploration acreage offshore central Vietnam.

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