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Arcius Energy to drill two new gas exploration wells in Egypt’s Mediterranean

The planned wells, Atoll West and Nofrit, are part of a broader strategy by Egypt’s petroleum sector to drill more than 100 exploration wells for oil and gas in 2026.

Thu, Mar. 19, 2026

Arcius Energy, the joint venture between ADNOC and BP, is set to launch a new drilling campaign for two gas exploration wells in Egypt’s Mediterranean waters, as part of efforts to boost upstream activity and expand natural gas resources.

The planned wells, Atoll West and Nofrit, are part of a broader strategy by Egypt’s petroleum sector to drill more than 100 exploration wells for oil and gas in 2026 in cooperation with international partners, according to a statement from the Ministry of Petroleum and Mineral Resources.

Drilling operations are expected to begin soon after the arrival of the Valaris DS-12 drilling vessel, which has departed from Las Palmas port in Spain and is en route to Egypt.

The company recently conducted an inspection visit to ensure the rig’s operational readiness, highlighting efficiency standards, safety systems, and workforce performance onboard.

Arcius Energy reaffirmed its commitment to expanding investments in Egypt, positioning the country as a central hub for its operations in the Eastern Mediterranean. The company is also implementing a five-year plan aimed at doubling production and supporting the development of Egypt’s gas resources.