Welligence Egypt | ExxonMobil strikes gas offshore Egypt
January 13, 2025
ExxonMobil’s Nefertari-1 exploration well has struck gas offshore Egypt, according to early reports. No official announcements have been made yet. The well was spud in December in the North Marakia concession area, in Egypt’s West Mediterranean, which is a frontier area. The prospect had a rumoured pre-drill estimate of around 3-5 Tcf of gas. ExxonMobil operates with a 60% share, alongside its partner QatarEnergy 40%.