Egypt mulls ways to expedite Chevron’s oil drilling activities in Mediterranean

Getty Images/Getty Images

Priority is given to the Narges natural gas field in the Egyptian Mediterranean waters

Staff Writer, Arab Finance

PHOTO

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi has discussed with a delegation from the US-based energy firm Chevron ways to accelerate oil drilling activities at the company’s concessions in the Mediterranean, as per a statement.

Priority is given to the Narges natural gas field in the Egyptian Mediterranean waters that is operated by Chevron in cooperation with the Italian energy giant Eni.

It was previously reported that Chevron is planning to drill the first well to extract natural gas from the Narges 2 field in the Mediterranean during the fourth quarter (Q4) of this year.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.