EGYPT: ADES Holding Company Secures New Award
ADES Holding Company has announce 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 … Read More
Tag: Gulf of Suez
EGYPT: Dragon Oil announces first oil find in Gulf of Suez
Dubai government-owned Dragon Oil has made its first oil discovery in Egypt’s Gulf of Suez on Tuesday. The discovery is one of the largest in the area in the past … Read More
EGYPT: Wintershall Dea Divests its interest in the Gulf of Suez Concession
As of 1st January 2022, after 38 years of economic and efficient production from the Gulf of Suez, Wintershall Dea is closing this chapter of its long oil production history … Read More
First Oil Achieved from the GNN Discovery in the Southern Gulf of Suez, Egypt
Cheiron has announced that the GNN-4 well, which was drilled to appraise the recent GNN oil discovery, has been completed and successfully tested at initial rates of over 2,000 bopd. … Read More