News / Egypt
Further Western Desert Development by Qarun
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. PetroAmir Invests $5.1m in a New Eastern Desert Well
PetroAmir, a joint venture company between the Egyptian General Petroleum Corporation (EGPC) and the Greek operator Vegas Oil & Gas, has completed the drilling of a new developmental well in the North West Gemsa concession located in Gulf of Suez Basin of the Eastern Desert. Norpetco Drills Two Developmental Wells
The North Baharia Petroleum Company (Norpetco) concluded drilling activities for two new developmental wells in e Western Desert development lease. The operations come in the context of the company's drilling plan for the current fiscal year 2011-2012. Development Success for Dana Petroleum and Zeitco
Dana Petroleum plc (Dana) is pleased to announce it has just completed two successful appraisal/development wells in the Gulf of Suez area, with Zeitco, our joint venture company. BP Egypt announces Seth first gas
On the 23rd of June, first gas from the $334 million Seth development commenced approximately 18 months from project sanction, which is 15 weeks ahead of schedule. Bapetco Drills Two New Developmental Wells
Badr El Din Petroleum Company (Bapetco) has completed drilling two new developmental wells in its Western Desert concession area as part of its development plan for the 2011/2012 fiscal year. Edison Expands in Wadi El-Rayan
The Italian Edison Gas has concluded the drilling of a new exploratory well last April, located in the Wadi El-Rayan concession in the Western Desert. The operation comes in the context of the company's 2011-2012 drilling plan. RWE Sale of Egypt Gas Assets Said to Stall Amid Turmoil
A sale by RWE AG (RWE) of energy assets in Egypt is stalled as the country's turbulent political transition deters potential buyers from bidding for the German utility's offshore gas fields there, according to people familiar with the situation. 
