News / Egypt

First Oil from North Shadwan

Crude oil production from the NS377 field, located in the concession area of North Shadwan, commenced on the 13th of March 2012. Oil supermajor British Petroleum and the Australian company Beach Energy have announced that initial production from the well will be restricted to approximately 1,000 barrels of oil per day.

Bapetco Expands Western Desert Drilling

Badr El Din Petroleum Company (Bapetco) has concluded the drilling of two new developmental wells in its Western Desert concession area as part of its development plan for the 2011-2012 fiscal year.

Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt

Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, operating Area A on behalf of the license holder Egyptian General Petroleum Corporation, announced a new exploration success with their West Ahmad-1X oil well, located in Area A in the Gulf of Suez, Egypt, adjacent to the Shukheir North West Field.

Egypt Gets Bids From 12 Intl Cos For Oil & Gas Exploration

Egypt's ministry of petroleum has received 25 proposals from 12 international companies to search for oil and gas across the eastern and western desert, Gulf of Suez and Sinai, daily Egyptian newspaper Al Ahram reports Sunday, citing Adel Saeed, the vice chairman of the Egyptian General Petroleum Corporation (EGPC).

ExxonMobil work in Egypt suspended amid strike

In front of the factory of ExxonMobil, in the industrial city of the 10th of Ramadan, workers posted banners saying ''No to contracts of forced labour or tyranny,'' and ''The free people of 10th of Ramadan ask for equality between all Mobil workers.'' The workers of ExxonMobil Egypt have been on strike since 7 April, asking for permanent contracts. The administration answered by suspending work in the factory.

Aker Solutions wins surface wellhead contract in Egypt

International oil services group Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr Petroleum Company (Bapetco). Aker Solutions will be the sole supplier for all of the oil company's surface wellhead equipment, installation and lifecycle services operations in the Western Desert of Egypt.

Egypt’s Midor Seeks 30,000 Tons of Light Cycle Oil in Tender

Middle East Oil Refinery SAE, the Egyptian refiner known as Midor, is seeking to buy 30,000 metric tons of light cycle oil for delivery in the first week of May.

Ukraine to increase oil production through development of shelf and fields in Egypt

Ukraine is planning to increase its own oil production, first and foremost, through the development of the Subotynske oil field on the Ukrainian shelf of the Black Sea and oil fields in Egypt, where Naftogaz of Ukraine is working on a concession basis.

Edison Spuds New Western Desert Well

Italian petroleum operator Edison has completed the drilling of a developmental well located in the West Wadi El-Rayan concession in the Western Desert, which comes in the context of its 2011-2012 drilling plan.

Petrobel Drills Two New Developmental Wells

Belayim Petroleum Company (Petrobel) has concluded the drilling of two new developmental wells in fulfillment of the company's 2011-2012 drilling plan.

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