News / Egypt
Egypt-Palestine to initiate more oil and gas joint cooperation
Eng. Sameh Fahmy, Minister of Petroleum held talks with Dr. Omar Katana, Chief of the Energy and Natural Resources Authority of the Palestinian Authority, in which they discussed promoting mutual cooperation in the field of Oil and Gas industry along with benefiting the Palestinian side of the Egyptian Expertise, particularly in the natural gas industry. Velosi Wins Contracts in Egypt
Velosi Limited has been awarded a two-year contract, with an option to extend a further year, with Gulf of Suez Petroleum Company to service BP in Egypt. DANA GAS and KIOEC to partner exploration block in Egypt
Dana Gas, the Middle East’s first regional private-sector natural gas company, announced that it has signed a farm out agreement with Kuwait International Oil & Environment Company (KIOEC), a subsidiary of TAQAT Holding and Gulf Oil Investments, to participate with a 50% working interest in Dana Gas’ Komombo Concession, located in the Western Desert, Upper Egypt and approximately 800 Km south of Cairo. ONGC to buy 33% stake in Egypt block from Shell
Indian state-run explorer Oil and Natural Gas Corp (ONGC) is firming up a proposal to buy approximately 33% in an Egyptian deepwater gas block from Royal Dutch Shell. Egypt to increase oil cooperation with Libya and India
Eng. Sameh Fahmy, Minister of Petroleum, held bilateral talks with Eng. Omran Abu Kuraa’, Minister of Gas, Electricity and Water in Libya, and Murli Deora, Minister of Petroleum and Natural Gas in India to increase cooperation in the oil and gas sector. Dana buys Devon’s Egyptian Assets
UK explorer Dana Petroleum plc announced that its wholly owned subsidiary, Dana Petroleum has signed an agreement with Devon Energy Corporation to acquire Devon's entire upstream petroleum business interests in Egypt, reported Oil Egypt. Sipetrol achieves a discovery at East Ras Qattara Block in Egypt
Empresa Nacional del Petroleo (ENAP), through its international subsidiary Enap Sipetrol S.A., made a new oil discovery in the East Ras Qattara block in Egypt's Western Desert, with the drilling of the Ghard-1 well. It has already made a previous discovery in this area, with the Shahd-1 well in November 2006. Lukoil group extends Egypt’s Western Desert development concession
Russia's Lukoil is to extend production rights in its Meleiha Block, located in the Western Desert concession until 2024 after receiving the ratification of the Egyptian Parliament. 
