News / Egypt
Egypt’s Maridive says 2012 Q1 net loss $1.6 mln
Egypt's Maridive and Oil Services , the biggest oil services company by fleet size in the Middle East, reported on Tuesday a net loss of $1.6 million for the first quarter of 2012. Seesawing Production Indicators by Qarun Petroleum
Production reports indicate that Qarun Petroleum Company's production rates of crude oil and natural gas have shown inconsistency during the period between October 2011 and March 2012. NOSPCO Drills New Mediterranean Well
North Sinai Petroleum Company (NOSPCO) has drilled a new developmental well in the company's concession in the Mediterranean Sea. The well, labeled TAO-SW-F ST-2, is part of the company's 2011-2012 development plan. North Zeit Bay success for Dana Petroleum and Zeitco
Dana Petroleum plc is pleased to announce it has just completed two successful exploration wells in North Zeit Bay: East Matr-1X and North Matr-1X. Qatar Petroleum Set to Invest in Egypt’s Mostorod Refinery
Qatar is in ''serious talks'' about investing in Egypt's Mostorod oil refinery project, the head of Qatar Petroleum International said. Khalda Drills New Developmental Well in Abu El-Gharadiq
Khalda Petroleum Company has concluded drilling of the new AG-85 developmental well in the company's lease located in Abu El Gharadiq South field, Abu Gharadiq Basin of the Western Desert. Indian GSPC Drills $52 Million Dry Hole in the Mediterranean
Indian state-owned oil firm Gujarat State Petroleum Corporation (GSPC) has hit a dry hole in its Mediterranean Sea exploration lease after investing $52 million in the drilling operation. The operation came in the context of GSPC's 2011-2012 exploration plan. Two New Western Desert Wells by Agiba
Agiba Petroleum Company has concluded the drilling of two new developmental wells in the company's Western Desert lease, the ARCADIA-6 well and the AGHAR 4-17. The operations come in accordance with the company's drilling plan for the 2011-2012 fiscal year. 
