Latest in Tag: drilling Highlight
Latest in Tag: drilling
Shell considers drilling exploratory gas well at Rosetta field after one-year production halt
Government’s review of gas prices encourages re-exploration in old fields, says Shell Egypt
Egypt reaffirms support to Cyprus against Turkeyās āillegalā drilling
On Thursday, Cyprus has strongly condemned the illegality of Turkeyās new attempt to conduct drilling operations in the south-west of the island
Khalda Petroleum Company completes drilling 43 wells
Companyās average production reached 162,000 barrels of oil per day, says Mowafi
Turkey urges Greek Cypriots to accept oil drilling plan
FM Cavusoglu, urged Greek Cypriot government to accept cooperation plan on drilling
Egypt warns Turkey against drilling in Cyprusā economic zone
Egypt warned against intentions of Turkey to begin drilling activities in a maritime area west of Cyprus, according to a Saturday statement issued by Egyptās Ministry of Foreign Affairs. The statement added that Egypt is following the development, warning against the effects of any unilateral actions on security and stability in the Eastern Mediterranean region. …
Abu Qir Petroleum considering drilling new well with investments of $30m
Company plans to finish 5 wells to add about 5,000 barrels of oil equivalent to daily production rates
Apache allocates $909m for drilling 97 wells in FY 2016/2017: Khalda Petroleum head
Company in discussions with foreign partner to increase investment and review plan in January
Joint projects with Iraq in oil, drilling activities under study: Petroleum Ministry
The minister is currently visiting Iraq, discussed potential partnership with Iraqi prime minister
Eni, BP complete drilling of second well in South Baltim
Projectās production platform under preparation to link 350m cubic feet of gas daily, says source
Shell targets drilling 33 wells in Badr El Din concession area in 2016/2017
Shell reduces number of new wells to 19 wells to develop gas production, 10 wells to inject water into, and 4 wells to explore for gas
Eni completes drilling third well in Zohr field
Company to complete establishing natural gas processing plant with 1bn cubic feet per day by December 2017
Eni to complete second well in Zohr field by April for $100m
The Italian company is drilling six wells in Zohr in deep waters this year, says official
Drilling of 3 vertical limestone wells in Apollonia complete: EGPC
Shell reduced the number of wells to be dug, due to Brent price decline
BAPETCOās discovery increases daily oil production to 50,600 barrels
Wellās original oil records about 15m barrels, adds approximately 5m barrels to oil reserves
RWE injects $300m into its area of concession for FY 2014/2015
Germanyās RWE, a Suez Oil Company (SUCO) partner, has increased investment allocations for the 2014/2015 fiscal year to approximately $300m compared to the previous $218m, according to a company official. The new investments will be utilised to drill new wells and develop others in the Ras Badran, Ras Fanar, and Gabal El-Zeit oil fields in …
EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president
The total amount of investments that are hoped to be collected from public sector companies amount to EGP 3.69bn for the 2014/2015 year, according to Al-Mula.
Egypt to construct deepwater drilling rig via $900m from Bank of Japan
Ministry of Petroleum says the project will be carried out by the Egyptian Drilling Company
Egypt: Securing energy supplies
Egyptian Natural Gas Holding Company (Egas) awarded eight licences for gas exploration on 16 April and said it would potentially be offering at least 10 more this year.
NGOs oppose European bank’s plan to fund oil drilling in Egypt
The European Bank for Reconstruction and Development proposes a $40m loan for Kuwait Energy to drill for oil
French oil company buys Shellās fuel network in Egypt
The details of the transaction and its price have not been disclosed.
Egypt to take part in worldās largest drilling and mining conference
The Egyptian delegation, which will also meet with representatives from Torontoās stock exchange, will seek to promote foreign investment in Egypt
Shell to sue Greenpeace
Shell and Greenpeace in a tussle over the Arctic
Shell to invest $600m in Western Desert operations
By Ahmed Tolba Badr Petroleum Company (Bapetco), a joint venture between the Egyptian General Petroleum Company (EGPC) and petroleum giant Royal Dutch Shell, announced that the latter has decided to invest $600 million in exportation and production operations in its Western Desert concession areas. The endeavor comes in the context of Shellās exploration plan for …
Impediments to Mediterranean gas prospect
More relaxed contractual terms are needed to secure investors interest.