News / Egypt

Mena Hydrocarbons announces operations update for Lagia oil field development

MENA Hydrocarbons Inc. announced that the Petroservices 750 HP rig Shams 1 has completed customs inspection and arrived on site at MENA's 100% owned Lagia concession in Egypt.

Egypt energy subsidies should be cut in 5-7 years: Industry federation

Egyptian industry should switch from fossil fuels to natural gas in order to increase its cost-effectiveness, the Federation of Egyptian Industries (FEI) recommended in its eighth board meeting.

Kuwait Energy increases Shahd SE well production levels

Kuwait Energy plc with their main partner EGPC, announced a significant increase in production from the Shahd SE field located in the East Ras Qattara concession in the Western Desert in Egypt following the successful drilling of the appraisal well Shahd SE-5.

US Apache Corp To Expand Egypt Investments By $1 Bln In 2013 -Kuna

U.S. oil and gas producer Apache Corp. (APA) has reached a deal with Egypt to expand its oil and gas investments in the North African country in 2013 by $1 billion, Egypt's Minister of Oil Abdullah Ghorab said, according to the Kuwait state news agency, or Kuna.

Bapetco to Spud New Wells in the Western Desert

Badr Petroleum Company (Bapetco) has announced plans to drill two new wells, which are pat of the company's declared development plan for the fiscal year of 2011/2012.

Kuwait Energy makes a new well discovery in the Western Desert in Egypt

Kuwait Energy plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announced that it has made an oil well discovery in the Western Desert in Egypt. The new well is named Al Jahraa-1X and is located in the Abu Sennan exploration concession where Kuwait Energy is the operator and holds a 50% working interest.

Naftogaz signs concession agreement for two Egypt hydrocarbon blocks

Ukraine's national oil and gas company Naftogaz Ukrayiny, Egyptian state-owned company Ganoub El-Wadi Petroleum Holding (GANOPE) and the Egyptian Oil Ministry on February 7 signed a concession agreement on developing and subsequently operating two hydrocarbon blocks, Wadi Mahareeth No.8 and No.9, located in the Eastern Desert of Upper Egypt.

Sea Dragon finds additional oil in NW Gemsa and signs new drilling contract for Kom Ombo

Sea Dragon Energy Inc. is pleased to provide the following operational update for its NW Gemsa and Kom Ombo concessions in Egypt.

PetroShahd Ventures Further in Abu Gharadiq

PetroShahd Petroleum Company finished the drilling of yet another developmental well in the Abu Gharadiq Basin located in the Western Desert, as part of its drilling program for the fiscal year 2011/2012.

Dara Petroleum Increases Eastern Desert Drilling

Dara Petroleum Company (PetroDara), a subsidiary of TransGlobe, completed the spudding of the new development well, EAST ARTA-22, in the West Gharib Lease, located in the Eastern Desert last month.

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