News / Egypt

New exploratory and development wells for Khalda

Khalda Petroleum Company completed the drilling of a new exploratory well, Merald-4 and another development well TUT-91 in the Western Desert.

HBS strengthens investments

In the context of its drilling plan, HBS International Egypt Ltd implemented the drilling of an exploratory well, in the area of the Western Desert.

Egypt to Resume Gas Flow to Jordan After Explosion, Ahram Says

Natural-gas supplies from Egypt to Jordan will resume by the end of the week, following an explosion at a pipeline in the Sinai peninsula that halted the flow, the Cairo-based newspaper al-Ahram reported, citing Egyptian Oil Minister Abdalla Ghorab.

Explosion hits gas pipeline in northern Sinai

A pipeline carrying gas from Egypt to Israel and Jordan has been hit by an explosion, officials have said.

TransGlobe Energy acquires operated interest in the South Alamein Concession in Egypt

TransGlobe Energy Corporation announces the signing of a Sale and Purchase Agreement to acquire a 50% operated working interest in the South Alamein Concession in the Arab Republic of Egypt from Cepsa Egypt SA B.V.

BG reviews Egypt’s investments

Egypt's Prime Minister Dr. Essam Sharaf met with BG Group Chief Executive Sir Frank Chapman. Also attending the meeting was BG Group Executive Vice President and Managing Director for Africa, Middle East and Asia Sami Iskander and BG Egypt President Arshad Sufi.

Egypt’s Natural-Gas Cuts May Cost Jordan $300 Million This Year

The cuts in Egyptian natural-gas deliveries twice this year because of sabotage attacks will cost Jordan a total of $300 million, or 1 percent of gross domestic product, analysts at Citigroup said.

Novatek to Decide on Egypt in September After Writing Off Wells

OAO Novatek, Russia's second-biggest gas producer, will decide on further exploration at its development in Egypt in September after writing off some wells, Chief Financial Officer Mark Gyetvay said.

Apache Expands Egypt’s Faghur Basin Play With Continued Drilling Successes

Apache Corporation today reported five new oil discoveries in its Faghur Basin play in the far southwest of Egypt's Western Desert oil and gas province.

Circle Oil Sees Increase in 2011 Recoverable Resources

Circle Oil announced the 2011 update to Ultimate Recoverable Resources (''URR'')1 for the NW Gemsa Concession, Egypt, and the Sebou Permit, Morocco, which indicates a significant increase over the 2010 URR estimates for both permits.

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