News / Egypt

Minister of Petroleum Visits Gulf of Suez and South Sinai Oil Fields

On 25/11/2007, Eng. Sameh Fahmi, Minister of Petroleum, visited the oil fields in the Gulf of Suez and South Sinai, where he followed up the implementation stages of putting offshore Sakkara field of GUPCO, on stream.

Apache to Abandon Egyptian Well

Regal Petroleum reports that an unsuccessful well test has been conducted in the ERB-B-1X well operated by Apache East Ras Budran Corp. LDC in the East Ras Budran ("ERB") Concession in which Regal holds a 25% working interest.

Celebrating the 32nd Petroleum Day

Eng. Sameh Fahmi, Minister of Petroleum, witnessed the Petroleum Sector's workers celebrations of the 32nd National Petroleum day.

Egyptian Petroleum Companies among the List of Best 10 Arab Companies Registered in Stock Exchange

Petroleum Sector Companies: Midor, Sidpec and Amoc were listed among the best 10 Arab companies working at oil, gas and petrochemicals domains.

Petrogas makes move in Egypt

Oman-based privately-owned company Petrogas E&P has farmed into Oil Search's Area A in Egypt's Eastern Desert.

Groundstar Updates Egyptian Activities

West Esh El Mallala (WEEM) Block (1,328 sq. km.; 20% Working Interest)

Gaz de France boost in Egypt

Gaz de France has has bolstered its position in Egypt's upstream sector.

Cairo nod for South Zeit move

The Egyptian authorities have given the green light to Japanese outfit AOC Holdings plans to buy a 90% stake in the South Zeit Bay oilfield, in the Gulf of Suez, from Switzerland's Alexoil.

Apache unearths more Egyptian bounty

US-based Apache said today it had made another dscovery in Egypt's Western Desert, this time with the Jade-2x discovery well. Apache said Jade-2x test-flowed 26.7 million cubic feet of natural gas per day and 1325 barrels of condensate per day.

Egypt, Chinese company to manufacture first oil rigs by the end of 2007

The Egyptian-Chinese Company will start manufacturing 2000-horse power onshore oil rigs in Egypt before the end of this year, the Ministry of Petroleum announced.

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