News / Egypt

Qatar backs $3.6bn Egyptian refinery

Qatar Petroleum International (QPI) will join Egypt's Orient Company and the Egyptian General Petroleum Corporation (EGPC) in their venture to set up a new $3.6bn refinery in Greater Cairo.

Apache Plugs Three Western Desert Exploratory Well

American oil company Apache Corporation has temporarily abandoned three recently drilled exploratory wells, WKAL-L-D-1X, WKAN-D-1X, and WKAL-O-1X, all of which were drilled in the context of the company's current drilling plan.

Dapetco Continues Western Desert Drilling

The South Dabaa Petroleum Company (Dapetco) has completed a new developmental well, SD 1-24, in the company's Western Desert fields.

Egypt denies in talks to buy Iranian oil

Egypt denied on Tuesday comments attributed to Iranian Oil Minister Rostam Qasemi that it was in talks to buy Iranian crude oil.

British Gas to inject US$5 billion in investments

Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into development projects in Egypt, in addition to its current investments that amount to US$10 billion.

Egypt Has No Objection to Importing Iranian Oil

Egypt has ''no objection'' to importing and refining Iranian oil, the state-run Al-Ahram reported, citing Oil Minister Osama Kamal.

BP to begin $10 billion Egyptian gas project

Energy giant BP will begin works on a deep-water natural gas production project in Egypt's Mediterranean basin next week, according to a report on Al-Ahram's Arabic-language news website.

New Heads Appointed for Petroleum Companies

The Ministry of Petroleum and Mineral resources has revealed the names of those newly appointed to head petroleum companies, based on the decision of minister of petroleum Eng. Osama Kamal. The appointments come as senior officials begin to reach retirement age, and as part of the minister's initiative to begin integrating young personnel into the sector.

Foster Wheeler Signs Three-Year Upstream Consultancy Framework Agreement with Apache Khalda

Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has signed a three-year framework agreement with Apache Khalda Corporation LDC for the provision of consultancy services.

RWE Expands Nile Delta Gas Discovery

RWE DEA has announced the extension of its North Sidi Ghazy-1x discovery in the Nile Delta through the drilling of the NSG-1-2 developmental well.

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