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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Egypt - recent news

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.
26 Apr 24
Egypt: TAG Oil commences flow back of BED4-T100 horizontal well
TAG Oil has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 well location within the Badr Oil Field ('BED-1'). A further update will be provided in due course on the well tie-in and facilities configuration after production volumes have been established.
19 Apr 24
Egypt: SDX Energy announces sale of West Gharib asset in Egypt
SDX has executed a binding sale and purchase agreement ('SPA') for the disposal of the Company's West Gharib interests in Egypt. The Company also continues to progress the binding documentation for the sale of its South Disouq assets.

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