News / Egypt

Europa to begin Egypt field work by the end of 2007

Europa Oil & Gas (Holdings) plc signed its production sharing agreement covering the West Darag Onshore Concession in Egypt.

Egypt hosts the first factory in the Middle East to produce oil and gas pumps

Eng. Sameh Fahmy, Minister of Petroleum, accompanied by General Seif El Din Galal, Suez Governor visited the Egyptian – German joint factory for producing oil and gas pumps at Suez city, with investments of about L.E. 150 million.

Hellenic lands Egypt drilling deal

Greece's largest refiner, Hellenic Petroleum, said today it had signed an oil exploration deal in Egypt, extending its activities abroad.

Fahmy visits the Suez Company for vocational safety equipment

Eng. Sameh Fahmy, Minister of Petroleum, checked the work progress at the Suez Company for Vocational Safety Equipment; the first Egyptian company for manufacturing personal protection equipment of clothes, shoes, and other safety equipment to cover the needs of the petroleum sector.

Rally: extra rigs to operate in Egypt’s Issaran field

Rally Energy Corp. issued new operational updates concerning its activities in Egypt and Pakistan. Rally plans to increase the number of rigs operating in the Issaran Field.

First Egyptian-Chinese plant to manufacture oil rigs in Suez

Chinese and Egyptian officials laid foundation stone for a joint project to manufacture oil drills, which is the first land oilrigs plant in the Middle East region.

Shell opens Egyptian field to ONGC

Royal Dutch Shell has offered India's state-run Oil & Natural Gas Corporation (ONGC) a 33% stake in an exploration field off Egypt, Indian media reported today.

Egypt expected to produce 8 tons of gold next year

After the success of the 1st International Bid-Round for gold exploration in Egypt, which was offered in July 2006 and resulted in signing six agreements with international companies to explore and produce gold, the Egyptian Mineral Resources Association (EMRA) is currently finishing the procedures of offering new gold exploitation and mineral resources Bid-Rounds.

QAPCO opens regional warehouse in Egypt

Qatar Petrochemical Company (QAPCO) has announced it officially inaugurated its regional warehouse in Al-Adabia, Egypt.

BG to spend $3bln on Egypt gas plans

BG Group, the biggest supplier of liquefied natural gas to the US, said it planned to spend more than $3 billion exploring for and producing natural gas in Egypt by the end of the decade, according to reports by Bloomberg.

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