Exploration
Egypt's Minister of Petroleum and Mineral Resources Karim Badawi announced plans to fully pay off arrears owed to foreign oil and gas partners by the end of June. He revealed a gas discovery estimated at 2 trillion cubic feet and outlined strategies including hydraulic fracturing to boost production.
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The advanced Valaris DS-12 drillship has arrived in Egypt's territorial waters, marking the start of a drilling programme targeting four new wells in the Mediterranean Sea. Operations will begin with one production well and one exploratory well for BP, followed by two more exploratory wells for Arcius Energy.
Indie developer Jamie Rowan has released a free demo for Lelu, a black-and-white action adventure game inspired by classics like The Legend of Zelda and Metroid. Players take on the role of a conscious clockwork toy navigating a puzzle-filled toy factory to escape. The demo is available now on PC via Steam.
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The Ministry of Petroleum and Mineral Resources announced on Monday that Khalda Petroleum Company has made a new gas discovery in the Western Desert. The company successfully drilled the exploratory well 'Gomana-1', where electrical logs confirmed gas-bearing zones. Test results indicated an estimated production rate of around 36 million cubic feet of gas per day.