Gulf of Suez | Egypt Oil & Gas
EUG Opens NW Al Amal Block for Bidding Untill September 7
The Egypt Upstream Gateway (EUG) opened the NW Al Amal Block in the Gulf of Suez for bidding on Monday, July 6, under the Open Blocks Licensing Program (OBLP), with submissions accepted until September 7, noted a stat...
PMS Finalizes Key Offshore Installations at North Safa Field, Boosting Production Capacity
Petroleum Marine Services (PMS), an Egyptian leading offshore construction and services company, completed works for phase two of the Development Project of North Safa Offshore Field in the Gulf of Suez. The company...
Korra Energi, HIDLECO Win Wind‑Power Grid Contracts
The newly listed energy solutions provider Korra Energi, in alliance with High Dam for Electrical and Industrial Projects(HIDLECO), has secured the first and third lots of a major Egyptian electricity transmission pro...
PetroGulf Boosts Drilling Efficiency,Cuts Costs by $700,000
PetroGulf Misr has successfully implemented an advanced drilling model at the GNN-16 well in the Gulf of Suez, reducing operational costs by $700,000 and shortening the drilling timeline by 5.5 days, according to a Mi...
Gulf of Suez Operators Hold Workshop to Boost Drilling Efficiency
Operating companies in the Gulf of Suez region held a workshop at the Gulf of Suez Petroleum Company (GUPCO) headquarters to discuss strategies for improving performance and reducing well drilling costs. The initiativ...
Eni Kicks Off New Investment Program in Egypt with Belayim Well
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected drilling operations at the Belayim offshore 133 well in the Gulf of Suez, marking the first drilling activity under Italian energy company Eni’...
EGPC Signs $30Mn Oil Exploration, Production Deal with Cheiron
Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East Gemsa offshore area in the Gulf of Suez. The deal, which covers the drilling of fou...
Egypt Makes New Offshore Oil Discovery in Gulf of Suez
The Ministry of Petroleum and Mineral Resources (MoPMR) announced a new oil discovery offshore the Gulf of Suez, following the successful drilling of the Northeast Ramadan Crystal exploration well (NER-1X). The well i...
