}

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Shell-operated Velox-1X well shows promising oil indicators offshore Egypt's Western Mediterranean

The offshore Velox-1X exploratory well in the North Cleopatra concession has yielded promising oil indicators, confirming the presence of an active petroleum system and crude oil in the area

Updated 7/26/2026 12:30:00 AM
Badawi inspects Shell’s Velox 1X well in Mediterranean

Minister of Petroleum and Mineral Resources Karim Badawi visited the drilling operations site of the Velox-1X exploration well onboard the drillship Stena Ice MAX,

Updated 7/12/2026 12:07:00 AM