wells | Egypt Oil & Gas - Part 2

Dana Gas To Drill Two Wells in Egypt

Dana Gas is to drill two new wells in Egypt, the company’s head of investor relations has said.

Tharwa Drills 7 Abu Sennan Wells in 2017

Tharwa Petroleum Company drilled seven development and exploratory wells and successfully made two new oil discoveries at Abu Sennan concession in 2017.

Khalda to Drill 28 Exploratory Wells in 2018/2019

Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, from which three wells will be drilled in Siwa Concession.

Ganope’s Production Plan to Reach 8.9 M Barrels

South Valley Egyptian Petroleum Holding Company (Ganope) plans to produce 8.9 million barrels of oil during FY 2018/2019.

PetroZenima Connects Drilled Wells to Production Platforms

PetroZenima has drilled eight wells in the 39km Mozhel field in the Gulf of Suez concession area. The first and second wells were connected and began producing from 500b/d to 800b/d of oil.

China’s Sinopec Closes 500 Gas Stations, Refineries over Flooding

The massive flooding in China, that is reported to be the country’s worst since 1998, has forced the largest oil company in Asia, Sinopec, to close 500 gas stations and shut down some refinery facilities in the south ...

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 a ...

Iran Drills New Wells, Moves into LNG Carrier Construction

Iran’s South Yaran Oilfield plans to drill 22 wells by March 2016 said Mohammadreza Takayedi, deputy head of National Iranian Drilling Company (NIDC).

Nigeria’s Oil Firm NNPC Secures Funding for 36 Wells

Nigeria’s oil firm NNPC had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa’s largest crude producer.

Dana Gas Affirms Commitment to Egypt at March Summit

Dana Gas will invest $350 million (Dh1.28 billion) in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the company’s chief executive said on Saturday.

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