United Oil & Gas the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK has disclosed an update in relation to Egyptian receivables. United has received a payment from Egyptian General Petroleum Corporation (EGPC) for USD $1 million. These funds will be used to extinguish the debt and leave the Company debt […]

Encouraging imaging in the pre-Messinian section is already apparent in this pseudo relief image from the early-out KPSDM full stack volume through Merneith & Luxor MC3D.The 6 175 sq. km EGY23 Merneith & Luxor survey draws on the expertise of our partners the Egyptian Natural Gas Holding Company (EGAS) and was acquired by leveraging the […]

TAG Oil  has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field (BED-1) with the successful completion of the drilling phase for the BED4-T100 (T100) horizontal well in the Abu Roash “F” limestone formation (ARF). The well has penetrated an over-pressured reservoir with regions of exceptional porosity and permeability. […]

TAG Oil  has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field (BED-1) with the successful completion of the drilling phase for the BED4-T100 (T100) horizontal well in the Abu Roash “F” limestone formation (ARF). The well has penetrated an over-pressured reservoir with regions of exceptional porosity and […]

Shelf Drilling has announced that it 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. The total estimated value for the contract extension is approximately USD 51 million. One year of the […]

TAG Oil has provided the following update on drilling progress of the BED4-T100 (“T100”) horizontal well in the Badr Oil Field (“BED-1”) in the Western Desert of Egypt. Sequel to the Company’s last update on January 3, 2024 Tag-oil-drills-on-bed4-t100-horizontal-well-in-egypt, the Company has since completed re-drilling from the intermediate cased section of the T100 well in […]

ADNOC and bp have agreed to form a new joint venture (JV) 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. As part of the agreement, bp will contribute its interests in three development […]

Independent engineering consultancy Longitude Engineering has been awarded a contract to provide detailed design & engineering services for the subsea development of Phase-X at Egypt’s West Delta Deep Marine concession, part of the Burullus Gas Field in the Mediterranean Sea. The West Delta Deep Marine (WDDM) concession is located approximately 90 kilometers offshore Egypt, on the north-western part […]

SDX Energy has confirmed that it has agreed with the buyer the terms of an execution version of the sale and purchase agreement (SPA) for its West Gharib assets. The closing of the transaction remains subject to the completion of certain approvals, including Egyptian government approvals, which are not expected to be withheld, with the […]

Sequel previous update as reported in the November 15,TAG Oil has further released a drilling progress of the BED4-T100 horizontal well in the Badr Oil Field (BED-1) in the Western Desert of Egypt. Drilling has continued from the intermediate cased section of the well and reached a measured depth of 3,312 meters in the Abu-Roash […]