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Brownfield, greenfield, and frontier exploration investment opportunities across Egypt
On 17 February 2021, Egypt opened diverse new exploration opportunities covering 24 blocks across basins and plays onshore, offshore, and in deep water—including the Western Desert and Gulf of Suez areas; the mature, less explored Nile Delta region; and frontier exploration in the Mediterranean Sea region. The upcoming licensing round includes
These blocks offer liquid, gas, and condensate production opportunities. The unique geographic location, market size of Egypt, and established infrastructure position the country to lead the import and export of oil and gas in the region and attract new investment and competition from both national and international investors.
Under a production-sharing agreement model, the Egypt 2021 Digital Bid Round offers
The EUG is Egypt’s fully integrated, digital E&P platform to attract global investment. It provides instant, remote access to all subsurface and bid round data for the 2021 digital bid round to accelerate the decision-making process. Rich subsurface datasets include an available poststack merge of existing legacy seismic surveys covering 25,000 km2 in the Eastern Mediterranean Sea (blocks EGY- EMED 3, EGY- EMED 4, and EGY- EMED 5) and Western Desert (blocks EGY-WD-11 and EGY-WD-12).
Focused evergreening opportunity
The EUG offers the opportunity for prestack processing from field tapes in the Eastern Mediterranean Sea and Western Desert Basins by implementing integrated, advanced imaging and geoscience solutions. This dataset enables you to enhance subsurface evaluations for successful exploration in an area of interest. Detailed prospectivity evaluation and special studies enable you to reduce geological uncertainty and risk.
Become a member of the EUG and access comprehensive bid round content and regional insights now.The EUG provides secure access to more than 2,500 TB of seismic data and 70 years of production data, including evergreened subsurface data. With reimaged and integrated data at your fingertips, you can quickly and more effectively screen and evaluate exploration opportunities across Egypt.
km2 of 3D seismic surveys for 2021 licensing round
km of 2D seismic data covering 24 blocks
wells with log data
including virtual data rooms and online data delivery
The Gulf of Suez is a mature oil province, and the bid round blocks offer an opportunity for exploring multiple play types. Well-established infrastructure and pipeline gathering stations enable easy exploitation of hydrocarbon reserves.
Trap and seal
Covering about 700,000 km2, the Western Desert is a mature oil and gas producer with a long history of hydrocarbon discoveries dating back to 1966. It has both conventional and unconventional potential.
Trap and seal
The Mediterranean blocks offer a unique opportunity to explore new exploration frontiers, with hundreds of producing gas fields. The blocks enable exploration of various play types from the Nile Delta cone to the Eastern and Western boundaries of Egypt’s Mediterranean deep water.
Trap and seal
We provide end-to-end solutions to help you maximize your investment in Egypt, including survey design and modeling, field development planning, reservoir modeling, formation evaluation, core analysis, petroleum system modeling, economic modeling, seismic interpretation, and training.Contact Us