EGYPT: Subsea Integration Alliance Awarded Raven Infills Project Contract

Subsea 7 S.A. has announced the award of a substantial contract to Subsea Integration Alliance by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt.    … Read More

EGYPT: SDX Energy Provides Operating Results for the 12 months ended 31 December 2022

Full year 2022 key results: ·      Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. ·      EBITDAX of US$24.6 million and operating cash flow (before … Read More

EGYPT: United Oil & Gas Updates on the drilling of the ASH-8 development well in the Abu Sennan licence

Highlights –       22 metres of net oil pay interpreted in the primary reservoir target –       Following completion and testing, ASH-8 is expected to be immediately brought onstream through the existing ASH facilities … Read More

GABON/EGYPT: VAALCO Energy Provides Operational Update

Reported fourth quarter 2022 production of approximately 18,175 working interest (“WI”) barrels of oil equivalent (“BOEPD”) or about 14,200 net revenue interest (“NRI”) BOEPD; Production was within VAALCO’s fourth quarter … Read More

EGYPT: Stena Drilling Signs New Contract with Shell in the Mediterranean

Stena Drilling has signed a new contract with BG Delta and BG International subsidiaries of Shell for the Mobile Offshore Drilling Unit (MODU) Stena Forth. The operations for Stena Forth in Egypt are due to commence in 2023 upon completion of … Read More

EGYPT: Eni Announces a New Gas Discovery in the Eastern Mediterranean Sea

Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered … Read More