Egypt

Report: Chevron Hits Gas Offshore Egypt

Published on : 2022-12-05

U.S. oil company Chevron has reportedly made a gas discovery at the Narges-1X well in the Mediterranean Sea, offshore Egypt.

The news was first shared by MEES, which cited an unnamed source, according to which Chevron has found 3.5tcf of gas.

Chevron is reportedly using the Stena Forth drillship for the operation. Stena Forth's AIS shows the last listed destination as "Nargis Offshore."

Welligence, an oilfield intelligence company in Houston, also posted on social media about Chevron's reported Nargis-1X discovery.

"The discovery is located in deepwater, offshore the Sinai Peninsula. The development of the discovery will be critical for maintaining Egypt’s gas production at recent record highs," Welligence said.

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