News / Egypt
Egypt expands gold exploration efforts
Minister of Petroleum and Mineral Resources Sameh Fahmy signed two agreements this week ¬— on behalf of the Egyptian Mineral Resources Authority (Emra) — with Russian SMW Company for the exploration and utilization of gold and associated minerals in the Eastern Desert Region. KBR Wins FEED Contract for West Mediterranean Deepwater Development
KBR has been selected to provide Front End Engineering Design (FEED) support on the West Mediterranean Concession Deepwater Development. The $10 million contract was awarded by the North Alamein Petroleum Company (NALPETCO). Dana ties up Devon deal
UK-based Dana Petroleum said it has bought Devon Energy's entire Egyptian upstream portfolion in a $375 million deal. Novatek Acquires 50% in the El-Arish Block Offshore Egypt
OAO Novatek has acquired a 50% working interest in the concession agreement for oil and gas exploration and development at the El-Arish offshore block in Egypt from Tharwa Petroleum S.A.E. Tharwa Petroleum S.A.E. holds the remaining 50% working interest. TransGlobe saddles up in Egypt
Calgary-based TransGlobe Energy has wrapped up its deal to buy eight development leases in Egypt’s West Gharib concession for $59 million in cash, it said. PTTEP Ready to Begin Egyptian Exploration Program
PTT Exploration and Production Public Company Limited and its joint venture partners have recently signed Concession Agreements for two exploration blocks with the Government of the Arab Republic of Egypt. Tanganyika Closes Sale of Egyptian Assets
Tanganyika Oil has completed the previously announced sale of its interests in the West Gharib concession area in Egypt to TransGlobe Energy. TransGlobe is a publicly traded oil and gas company listed on the TSX (TGL) and AMEX (TGA). Egyptian Ministry of Petroleum trains young cadres
The Oil and Gas Skills Company celebrated the graduation of the first group of petroleum engineers from Colorado University in the United States. 
