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Country summary: Egypt

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Egypt - recent news

09 Jul 24
Egypt: TAG Oil provides flow test and production update for BED4-T100 horizontal well
TAG Oil has announced that it is continuing to produce oil and unload fracture fluid from the BED4-T100 ('T100') horizontal well in the Badr-1 oil field in the Western Desert of Egypt, and has commenced shipping the crude oil for further treating and handling.
03 Jul 24
Egypt: Apex International Energy issues operations and commercial update
Apex International Energy, a privately held independent oil and gas exploration and production company focused on Egypt, has provided an update on operations and commercial developments from its eight concessions (6 operated) in the Western Desert oil producing region of Egypt for the first half of 2024.
17 May 24
Egypt: TAG Oil announces successful production test results from BED4-T100 horizontal well
TAG Oil has announced initial production test results on its BED4-T100 horizontal well, which tested at 800 barrels of oil per day. The T100 well has demonstrated encouraging results following a multi-stage hydraulic fracture stimulation targeting the Abu-Roash 'F' ('ARF') tight carbonate reservoir in the Badr Oil Field ('BED-1') in the Western Desert of Egypt.
13 May 24
Egypt: QatarEnergy farms into ExxonMobil exploration blocks offshore Egypt
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. The Cairo and Masry offshore exploration blocks were awarded to ExxonMobil in January 2023.
06 May 24
Egypt: ADES Holding Company secures new award in Egypt
ADES Holding Company, a world leading oil and gas drilling services provider, has announced that it has received a Direct Award of Contract (DAC) from Suez Oil Company (SUCO) in Egypt for a 21-month jackup drilling contract in the Gulf of Suez, expected to commence in the coming weeks.

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