News / Egypt
Abo Qir Completes Mediterranean Well
Abo Qir Petroleum Company has concluded the drilling of a new exploratory well in the company's development concession in Abu Qir North field, offshore Nile Delta as part of its drilling plan for the 2011-2012 fiscal year. Qarun Adds Two Wells to Western Desert Portfolio
In consistence with its development plan for the 2011-2012 fiscal year, Qarun Petroleum has completed the drilling of two new developmental wells in its concession area located in the Western Desert. Kuwait Energy Invests $400 Million in Egypt
Kuwait Energy is estimated to have pumped approximately $400 million of investments into the Egyptian petroleum sector, as the company increases exploration and production activities in the country. Egypt Willing to Negotiate Israel Gas Deal With New Terms
Egypt is willing to negotiate a new agreement to supply natural gas to Israel under different prices and terms, the country's Planning and International Cooperation Minister Fayza Aboulnaga said. Jordan says Egypt gas cuts cost Amman $2 bln
Energy-poor Jordan warned on Monday that cut-offs in unstable Egyptian gas supplies could cost the kingdom more than $2 billion this year. Egypt cancels gas deal with Israel
Egyptian energy companies, citing a trade dispute, have terminated a deal to supply Israel with natural gas in a step that may further erode bilateral ties strained by a popular revolt that toppled Egypt's pro-Israeli leader last year. EGPC delays naphtha shipments after fire at refinery
Egypt's Nasr Petroleum Company is in the midst of restarting its 146,300 barrels-per-day refinery in Suez after a fire last Saturday, an official source from the company said on Thursday. Sipetrol Drills Wildcat in Sinai, Hits Dry Hole
The Chilean Sociedad Internacional Petrolera SA (Sipetrol) has completed the drilling of a new exploratory well in its Rommana exploration block located onshore the Sinai Peninsula as part of its 2011-2012 drilling plan. 
