News / Egypt
Approving Egypt’s anti-crisis proposals
The Organization of Arab Petroleum Exporting Countries (OAPEC) approved Egypt’s proposal to outline a set of measures to overcome the consequences of the global financial crisis during a closed-door meeting. India’s Gujart secures three new concessions in Egypt
Ganoub El Wadi Holding Petroleum Co. (GANOPE) singed a deal with the Indian Gujarat State Petroleum Corporation (GSPC) by which the latter was awarded three new concessions in the area of South Valley in Egypt, with a minimum estimated investment worth $128 million. Sea Dragon gears up, commences drilling at Dahab North prospect
Sea Dragon Energy has commenced drilling of its Dahab North prospect in the East Wadi Araba ("EWA") Concession. The EWA Concession covers 193 square kilometers, or approximately 47,691 acres (35,768 net acres), located off-shore in the Gulf of Suez, Egypt. The Gulf of Suez currently accounts for 50% of Egypt's total oil and gas production of 660,000 boepd. Dana plans to drill 17 wells in 2009, secures rigs for 14 wells
Dana Petroleum plc, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, is pleased to report its Interim Management Statement for the period to 19 November 2008. ODE sets its 1st overseas base in Cairo
International engineering contractor ODE has chosen Cairo for its first overseas office outside the UK. “The company was in Egypt for the long-term future and aimed to build its business,” said Peter Godfrey, Chairman and Managing Director of ODE in the launching ceremony held in Cairo. The Egyptian court cancels the controversial 20-year gas deal to Israel
The Egyptian court ordered on the 18th of Nov. the government to suspend gas exports to Israel, although it is not clear whether the ruling will be heeded. Vietnam bolsters its ties with the EGPC
The Egyptian General Petroleum Corporation (EGPC) and Vietnam Oil and Gas Group (Petrovietnam, PVN) signed a Memorandum of Understanding (MoU) to strengthen the mutual cooperation in the fields of exploration and production through the participation of Petrovietnam in the International bid rounds offered by the Egyptian Petroleum Sector Shell eyes floating LNG units for Iraq, Egypt
Senior Shell executive reported Wednesday that Royal Dutch Shell is studying the use of floating liquefied natural gas (LNG) terminals to ship gas produced in Iraq and Egypt 
