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Egypt, UAE discuss expanded oil, gas drilling programme

Egypt, UAE discuss expanded oil, gas drilling programme

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with Abdullah Ateya Al Messabi, CEO of ADNOC Drilling, to discuss potential partnerships and ADNOC Drilling’s involvement in Egypt’s expanded onshore and offshore well-drilling program. ADNOC Drilling, a part of the UAE’s state-owned energy company ADNOC Group, offers drilling and well-services solutions for oil and gas operations.

Badawi emphasized that boosting drilling activity is crucial for the Ministry’s five-year plan to enhance domestic crude oil and natural gas production. This includes intensifying exploration, accelerating the development of discoveries, increasing well-drilling rates, and employing cutting-edge technologies and technical solutions.

He praised ADNOC Drilling’s technical capabilities and extensive experience in well-drilling operations, highlighting the value of leveraging its expertise to support Egypt’s drilling and production goals.

Badawi also noted that Egypt’s attractive drilling and development prospects open doors for new partnerships with international and regional drilling-services companies. In response, Al Messabi expressed ADNOC Drilling’s eagerness to establish a stronger presence in Egypt and forge collaborations with the Egyptian General Petroleum Corporation (EGPC) and its subsidiaries.

He underscored the significance of working together with the Egyptian Drilling Company (EDC), citing its long-standing track record and extensive experience in drilling oil and gas wells in Egypt and beyond.

The two parties agreed to conduct specialized technical meetings in the near future to explore cooperation opportunities and pinpoint areas of participation in the planned drilling program.

Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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