News / Egypt
Egypt partners spud fourth well
Australia-listed Oil Search said its joint venture partner Sipetrol had started drilling at the Raheek-1 exploration well in the East Ras Qattara block in the Western Desert of Egypt. Groundstar Resources Says Drilling at WEEM Block to Begin in November
The operator of the block, Aminex Egypt, has advised Groundstar that a brand new drilling rig is available to drill two wells back to back on the WEEM block beginning in mid November 2007. Egypt Eyes Year-End Oil, Gas Rounds; Output Seen Up 15%
Egypt will invite international oil companies to participate in three oil and gas exploration rounds by the end of this year, the country's oil minister said Tuesday. "Very soon I am going to issue three bid rounds," TransGlobe adds to West Gharib pile
Canada’s TransGlobe Energy has agreed to buy seven oilfields with 24 producing wells as well as eight development leases in the West Gharib Concession in Egypt for $59 million in cash, it said. Dana Gas makes historic oil discovery in Southern Egypt
Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has made the first ever oil discovery in Southern Egypt from its El Baraka-1 exploration well drilled in Komombo Concession in Upper Egypt. Japanese, Korean firms to build diesel plant in Egypt
Japanese and South Korean firms have won a $1.8 billion contract to build a diesel oil refinery in Egypt to respond to rising car demand in the emerging economy, said the Japanese company. Reliance may invest $10 bn in Egyptian oil sector
Reliance Industries is thinking of investing about $10 billion in Egypt's oil, petrochemicals and plastics industries, a company spokesman has said. PetroJet wins International Tender to Execute Potash Project in Jordan
PetroJet has won the International Tender offered by the Jordanian Potash Company to execute its $85 million project, announced the Egyptian Ministry of Petroleum. 
