6,421 Active Recruiters     184,061 Live & Available Candidates     1,529,463 Total Candidates in Network

Advanced
  1. Keep me logged in
  2. forgot password
cancel

Checkout Jobs Basket (0)

You can checkout a maximum of 150 jobs.

Signup Better for Candidates

  • Create a free virtual CV and let recruiters find you
  • Automatically have your profile matched to suitable Oil & Gas positions
  • Link to your profile using it as a free online CV
  • Store all your employment documents to your profile for easy sending
  • Always receive feedback on positions applied for

Signup Better for Recruiters

  • Advertise Oil and Gas jobs for free
  • Suitable candidates automatically matched to your position
  • View candidate profiles for free
  • No more waiting for candidates to respond to job advertisements
  • Only ever pay when you match a candidate to a position
  • No more cold calling and sorting through out dated CVs

Kuwait Energy makes a new oil discovery in Gulf of Suez, Egypt

Published in Oil Industry News on Wednesday, 25 January 2012


Kuwait Energy Plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced a new oil discovery in Egypt’s Ahmad-1X well, located in the Gulf of Suez’s Area A concession.

The newly discovered Ahmad-1X well was drilled to 2,110 meters depth. The initial test recorded a flow rate of 890 barrels of oil equivalent per day from the Kareem formation level. This discovery brings the total number of oil, gas and condensate discoveries made by Kuwait Energy in Egypt, since 2008, to 14 discoveries, three of which were made in Area A.

Kuwait Energy is the operator of Area A and holds a 70% working interest. Omani independent Petrogas E&P holds the remaining 30% interest.

Kuwait Energy Plc Deputy Chairman and Chief Executive Officer, Sara Akbar, said: “The Ahmad-1X well is located in a potentially rich area and we look forward to continuing testing and development activities in the area to reach its maximum potential.  This is a further contribution to the productive capacity of the Egyptian energy sector and we are glad to play a part in this success.”

Egyptian operations contribute the largest share to Kuwait Energy’s working interest production, comprising 17,700 barrels of oil equivalent by the end of 2011.  Kuwait Energy is the operator of three blocks in Egypt, namely the Area A, Burg El Arab development lease and the Abu Sennan concession. It also has interests in two other non-operated blocks: Mesaha concession and East Ras Qattara development lease.

Source: Kuwait Energy





Tags

Kuwait Energy, Gulf of Suez's Oil, Oil and Gas Discovery. Oil News





Related Articles



Oil and Gas News Archive


Latest Oil & Gas News







Featured Recruiters

  • View All JobsBryant Group

    Established in 1980, Bryant Personnel Services Limited has grown to become one of the largest and most successful Commercial Recruitment Consultancies in Aberdeen, Europe's Oil Capital.

    We see ourselves as leaders in our field, continually developing our policies, procedures and systems to maintain our ability to service our clients efficiently and cost effectively.

    Find us online at www.bryantgroup.co.uk.

  • View All JobsChronos Oil and Gas

    Chronos Oil and Gas is a specialist Oil and Gas Recruitment company with offices in over 20 countries. We have recently opened 2 UK offices is response to a growing demand in the sector.

    Register your CV at www.chronosoilandgas.com.

  • View All JobsOrion Group

    Orion Group are one of the world's leading engineering recruitment agencies specialising in contract and permanent manpower for the majority of the world's largest energy specialists.

    The group have 34 offices located internationally from Calgary and Houston to offices in the Middle East and Asia Pacific.

    Visit Orion Group at www.orionjobs.com.