wells | Egypt Oil & Gas - Part 2

Apache to Drill Three Wells in Western Desert

Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, an anonymous source at the oil ministry told Al Shorouk. The American company expects the initial productivity rates of ...

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 told Mubasher. Mohammed Mubaideen told the website that the company will drill the Balsam-8 well in the company’s onshore Nile Delt...

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, Egypt Oil & gas reports. Selim El Serougy, head of Tharwa Pe...

Khalda to Drill 28 Exploratory Wells in 2018/2019

Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, including three wells in Siwa Concession, said Khaled Mowafi, Head of Khalda Petroleum, Egypt Oil & Gas reports. The comp...

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 fiscal year (FY) 2018/2019, according to the company’s Head, Mohamed Shimy, Egypt Oil & Gas Reports. The ...

PetroZenima Connects Drilled Wells to Production Platforms

An official source at South Abu Zenima Petroleum Company (PetroZenima) stated exclusively to Egypt Oil&Gas that the company is currently implementing the plan of connecting drilled wells to production platforms. T...

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 southe...

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 ar...

Iran Drills New Wells, Moves into LNG Carrier Construction

Iran’s South Yaran Oilfield plans to drill 22 wells by March 2016, reported Trade Arabia, citing Mohammadreza Takayedi, deputy head of National Iranian Drilling Company (NIDC). He added that up to 60,000 b/d of crude ...

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. “In a landmark move ...

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