Egypt Signs Halliburton Agreement for 50-Well Drilling Program over 18 Months
6 Articles
6 Articles
Egypt signed an agreement with Halliburton to prepare a programme for the drilling of 50 oil wells in 18 months, using horizontal drilling and hydraulic break-up, with a view to increasing domestic production of oil and gas.
Egypt signs Halliburton agreement for 50-well drilling program over 18 months
The initiative aims to unlock previously inaccessible oil and gas resources, particularly in geological formations that could not be developed economically using conventional drilling methods.
Egypt’s Petroleum Authority Signs Deal with Halliburton to Drill 50 New Wells in 18 Months
Egypt’s Ministry of Petroleum and Mineral Resources took a new step toward expanding domestic oil and gas production after the Egyptian General Petroleum Corporation (EGPC) signed a cooperation agreement with global energy services giant Halliburton to develop a programme targeting the drilling of 50 new wells over the next 18 months.
EGPC, Halliburton team up on studies for 50-well program in Egypt
The Egyptian General Petroleum Corporation (EGPC) signed a cooperation agreement with Halliburton on 12 November to carry out the studies needed to prepare a program of 50 oil wells in the General Petroleum Company’s (GPC) areas. The program would run for 18 months. The partners will evaluate advanced horizontal drilling and multi-stage hydraulic fracturing to …
Egypt, Halliburton sign deal to drill 50 oil wells
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi witnessed on Thursday the signing of a co-operation agreement between the Egyptian General Petroleum Corporation (EGPC) and global oilfield services company Halliburton. The agreement provides for studies to develop a programme to drill 50 oil wells in the EGPC’s concession areas over 18 months. The programme […]
According to a statement issued by the Ministry of Petroleum on Thursday, the agreement includes the use of state-of-the-art horizontal drilling and multi-phase hydraulic break-up technologies, which contribute to maximizing the use of resources [...] the article on petroleum contracting with Haliberton for the drilling of 50 wells in 18 months written in the Stock Exchange.
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