News / Egypt
Circle Oil announces first oil production in Egypt
Circle Oil plc, the AIM listed international oil and gas exploration, development and production company announces its first oil production in Egypt. Having obtained the necessary agreements from the Egyptian General Petroleum Company (EGPC) and completed the required production engineering facilities, initial production commenced in the Al Amir Development Lease area in the NW Gemsa Permit in the last few days. Egypt, Israel negotiate gas export prices
In a new step for the controversial Egypt-Israel gas deal, negotiations were held to amend the price of the Egyptian gas exported to Israel to cope with the international ones, according to the Yediot Achronot Newspaper. Maridive rises on dollar hopes, Egypt index up
Maridive & Oil Services posted its sharpest single-day gain in almost two weeks on Monday, lifting Egypt's index as investors bought its US dollar-denominated shares on hopes the dollar would gain. Sea Dragon eyes producing concession in Gulf of Suez
Sea Dragon has entered into a letter of intent for an exclusive period with Dover Investments Limited to acquire, subject to applicable governmental approvals, the Ras El Ush concession which is situated in the Gulf of Suez, Egypt. Dana Gas discovers 100 billion cubic feet of gas in Egypt
Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced another significant gas discovery in one of the company's concessions in the Egyptian Nile Delta. The Azhar-1 well is set to add up to 100 billion cubic feet (16 million barrels of oil equivalent) to the company’s reserves in Egypt. E.ON Ruhrgas acquires 29 % interest in exploration licence offshore Egypt
E.ON Ruhrgas has acquired a 29 % interest in the NW Demiatta exploration licence from Shell Egypt N.V. The licence is operated by Shell Egypt N.V. (61 %) and the additional partner is GdF Suez (10 %). Dana Gas introduces Egypt Gas City
His Excellency Dr. Ahmed Nazif, the Prime Minister of Egypt, met Mr Hamid Jafar, Executive Chairman of Dana Gas, at the Economist Conference's Sixth Business Roundtable, a high-level symposium of which Dana Gas is the lead sponsor that was held on 16-17th February at the Grand Hyatt Hotel, Cairo under the patronage of the Prime Minister. Dana Gas announces further gas discovery in Egypt
Dana Gas, the Middle East's first and largest regional private sector natural gas company, has made its second gas discovery of 2009 in the West Manzala Concession in the Nile Delta region of Egypt. The discovery, named West Manzala-2 (Haggag prospect), has encountered approximately 20 billion cubic feet (bcf) of dry gas. 
