News / Egypt

Egypt’s Egas plans gas bids round early 2012 – minister

Egypt's state-owned gas company Egas plans to hold a bidding round for natural gas exploration early next year, the petroleum minister said on Monday.

Petrobel leads a busy drilling schedule

Balayim Petroleum Company (Petrobel) is heading further with its 2011/2012 plan by the drilling of two development wells and another exploratory one, in Sinai and the Mediterranean areas respectively.

Norpetco drills Abrar-3

The North Bahariya Petroleum Company (Norpetco ) drilled a new exploratory well in the North Bahariya Concession, onshore Abu Gharadiq Basin as part of the company's drilling plan for the fiscal year of 2011/2012.

Egypt installs early warning system for vulnerable gas pipelines

Egyptian authorities have installed an early warning system to protect gas pipelines in the Sinai Peninsula after a wave of attacks, dpa quoted an official as saying.

TransGlobe to appraise Western Desert find

TransGlobe Energy Corp., Calgary, plans to appraise the Boraq oil and gas discovery and further explore the 558,120-acre South Alamein concession in Egypt's Western Desert after it receives regulatory approval to close the acquisition of a 50% interest from Cepsa Egypt.

Melrose: Offshore Black Sea Surveys, Egyptian Wells

The acquisition of 3D seismic in the Black Sea offshore Bulgaria has started and Melrose Resources Plc is planning for 2D and 3D seismic surveys offshore Romania.

Japan AOC: politics may delay Egypt oil block output

Political instability in Egypt may delay the first crude output from the offshore Northwest October block in the northern Gulf of Suez, a top executive from operator AOC Holdings said.

Blasts hit Egypt’s gas pipeline to Israel, Jordan

Saboteurs blew up a Sinai pipeline on Thursday, halting gas supplies from Egypt to Israel and Jordan in the sixth such attack since the overthrow of President Hosni Mubarak, Egyptian security sources and witnesses said.

Apache plans $1.5 billion Egypt investments in 2012

Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI) said.

Maersk Drilling secures deepwater rig contract with BP for work offshore Egypt

Maersk Drilling has signed a contract with BP for the ultra deepwater semi-submersible MAERSK DISCOVERER for work initially offshore Egypt.

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