Egypt eyes ADNOC Drilling expertise to expand oil and gas production

Egypt is exploring potential partnerships with UAE-based ADNOC Drilling as it expands its onshore and offshore well-drilling program to support higher domestic oil and gas production.

Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, discussed potential areas of cooperation with Abdullah Ateya Al Messabi, CEO of ADNOC Drilling, including the company’s possible participation in Egypt’s planned drilling activities.

Badawi said expanding drilling activity is a key part of the ministry’s five-year strategy to increase domestic crude oil and natural gas production. The plan focuses on intensifying exploration, accelerating the development of discoveries, increasing drilling rates and adopting advanced technologies and technical solutions.

He highlighted ADNOC Drilling’s technical capabilities and experience in well-drilling operations, saying Egypt’s planned exploration and development activities could create opportunities for partnerships with regional and international drilling-services companies.

Al Messabi said ADNOC Drilling is interested in strengthening its presence in Egypt and exploring partnerships with the Egyptian General Petroleum Corporation (EGPC) and its subsidiaries.

He also highlighted potential cooperation with the Egyptian Drilling Company (EDC), citing its experience in drilling oil and gas wells in Egypt and international markets.

The two sides are expected to hold further technical meetings to explore potential areas of cooperation and determine ADNOC Drilling’s possible role in Egypt’s targeted drilling program.