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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Completed deals: 102

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Egypt - recent news

21 Mar 24
Egypt: PGS releases first data from 2023 Egypt MC3D survey
PGS has announced that early-out data is now available for the EGY23 Merneith & Luxor MultiClient program. This provides the first 3D seismic data over the deepwater area between the Nile delta and the Herodotus Basin.
19 Mar 24
Egypt: TAG Oil completes drilling stage of BED4-T100 horizontal well
TAG Oil has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field with the successful completion of the drilling phase for the BED4-T100 horizontal well. The well has penetrated an over-pressured reservoir with regions of exceptional porosity and permeability. During drilling operations, there have been clear signs of free oil flowing into the wellbore and to surface.
04 Mar 24
Egypt: Shelf Drilling secures contract extension on Rig 141 in Egypt
Shelf Drilling has secured a two-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt.
22 Feb 24
Egypt: TAG Oil provides update on BED4-T100 well in the Western Desert
TAG Oil has provided the following update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field ('BED-1') in the Western Desert of Egypt.
14 Feb 24
Egypt: ADNOC and bp to form gas joint venture
ADNOC and bp have agreed to form a new joint venture in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical capabilities and proven track records as it aims to grow a highly competitive gas portfolio.

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