Africa: Optimism saturates the continent ///

Egypt. The 2001 Bidding Round closed last February, with 32 blocks available offshore and onshore. The country hopes to award some of these blocks to companies during 2002. There were 132 development wells drilled in 2001 – 95 onshore and 37 offshore. Khalda was the most active onshore operator, with 25 wells drilled in 11 fields. Offshore Egypt, Burullus Gas Co. began development of Saffron and Scarab fields. Rashpetco completed two gas wells in Rosetta 3 field (Nile Delta). In the Gulf of Suez, Ashpetco, Geiso, Gupco, Petrobel, Rudoco and Suco drilled wells.

Log in to view this article.

Not yet a subscriber?  Get started now for immediate access to this content and more.



Already a subscriber but don’t have an online account? Contact our customer service.