News / Egypt

GEMPETCO to expect more from Gemsa field

GEMSA Petroleum Company (GEMPETCO) is preparing to clarifying the rock structural in Gemsa field in its acquisition area in Gulf of Suez, aiming to open more layers in the producing wells near the end of the first quarter of the current fiscal year of 2010-2011.

SUCO experimenting with a new technical study

Suez Oil Company (SUCO) is planning to start a contemporary technical study, aiming to explore more layers in its producing wells during the current fiscal year of 2010-2011 in its fields in Gulf of Suez.

Oil in the Eastern Mediterranean in 2010

There is increasing groundwork currently underway in the Eastern Mediterranean, in order to establish an oil industry, in light of recent gas discoveries in its maritime areas, amid sharp political disputes among the countries of the region. Here, we will try to briefly showcase the most important developments in this regard.

Sea Dragon provides an operational update on Egypt

Sea Dragon Energy Inc. is pleased to provide the following update on its Operations in Egypt.

Essar in talks to set up 3 L bpd refinery in Egypt

Diversified conglomerate, the Essar Group, has expressed its interest to set up an oil refinery in northern Egypt at an estimated cost of about $3.4 billion and talks are on to conduct a feasibility study soon, a senior Egyptian minister has said.

Egypt’s Sidi Kerir unaudited 9M net profit rises 24 pct

Egypt's Sidi Kerir Petrochemicals's unaudited nine-month net profit rose 24 percent to 583 million Egyptian pounds, the stock exchange said.

PetroSA eyes joint venture with Egypt firm

South Africa's PetroSA is seeking a joint venture with an Egyptian company, its chairman said, as it wants to continue working in the country although its own oil exploration efforts in Egypt have not been successful.

Poland explores oil and gas sites in Africa

Poland's State Gas and Oil company (PGNiG) has announced that it is to invest 70 million dollars prospecting in northern Africa, next year.

Foster Wheeler Wins Project Management Consultancy Contract in Egypt

Foster Wheeler AG announced that Foster Wheeler USA Corporation, part of its Global Engineering and Construction Group, has been awarded a project management consultancy (PMC) contract by Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt with a nameplate capacity to produce 1.35 million tons per annum of polyethylene.

Iraq eyes Arab pipe link

Iraq is considering linking up to a gas pipeline running from Egypt through other Arab states as a way to export its gas, Iraqi Prime Minister Nuri al-Maliki said today after meeting the Egyptian President Hosni Mubarak.

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