News / Egypt
Melrose reports on exploration in Egypt, Abandons East Sindy No. 1
The Ar Rub No.1 exploration well has been drilled to test a deep Sidi Salim exploration play in the northern area of the South East El Mansoura concession. The well reached a total depth of 10,300 feet and open-hole logs suggest that two potential reservoir intervals were encountered within the target formation. Egypt begins pumping natural gas into Syria as part of giant pipeline project
Egypt has begun pumping natural gas to Syria by a pipeline running through Jordan as part of a giant project to export Egyptian gas to the Middle East and eventually to Europe, Syria's oil minister. Dana Gas Announces New Oil Discovery in Egypt
Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has announced a discovery from a new oil zone in its Egyptian concessions, marking the first discovery in the company’s US$ 170 million drilling campaign for 2008. Beach Moves Forward with Gulf of Suez Acquisition
Beach Petroleum announced that it had entered into an agreement with Tri-Ocean Energy Company under which Beach will acquire a 20% interest in the North Shadwan Concession, located in the Gulf of Suez at a cost of US $110 million. Hill International and Egyptian Ministry of Petroleum Enter Agreement to Create New Joint Venture Company
Hill International, the worldwide construction consulting firm, announced recently that it has entered into an agreement with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian Natural Gas Co. (GASCO), two subsidiaries of the Egyptian Ministry of Petroleum, pursuant to which they will form a new joint venture company that will provide project management services primarily on oil and gas projects throughout the Middle East and Africa. Regal announces first production of ERB-A-1X
Regal (AIM: RPT), the independent oil & gas exploration and production company, announces first oil from the ERB-A-1X well. Regal holds a 25% working interest in the East Ras Budran Concession in Egypt which is operated by Apache East Ras Budran Corp. LDC ("Apache"). RWE Dea announces first gas discovery in North El Amriya concession
RWE Dea has made a new gas discovery in the Egyptian Nile Delta. In the onshore part of the concession North El Amriya the Amriya-1x well encountered two reservoir intervals of a total of 19 m thickness within the Pliocene. Egypt freezes new gas contracts
The Egyptian government will sign no new contracts to export natural gas until the end of 2010 or until it thinks that world prices have stabilised, a senior official said. 
