News / Egypt
BMI: Egypt could increase gas export by 27%
Egypt has a great potential for exporting gas and could increase its production up to 27.66 percent over the next 10 years, said a report by the Business Monitor International (BMI). IDM to lure more investments
Though being new in the Egyptian Petroleum sector, the International Drilling Material Manufacturing Co (IDM) for Casing and Tubing, fulfilled requests from top companies, such as Qarun, Agiba, Badr El-Din and the General Petroleum Company to provide drilling equipments over the past three months. Sea Dragon acquires 10% in the Red Sea
Sea Dragon acquired 10% from the share of Al Amir Petroleum Company's concession in the Red Sea. Egas receives a new offshore rig
As an attempt to intensify its E&P operations, the Egyptian Natural Gas Holding Company (Egas) received its new onshore rig Qaher-1 and is expecting the delivery of a second rig Qaher-2 in the coming month. Petrobel to drill new exploratory well
Petrobel commenced the drilling of an exploratory well in its concession area in the Gulf of Suez, according to the Q4 plan of the fiscal year of 2010-2011. Khalda intensifies E&P operations
Khalda Petroleum Company is planning to intensify its E&P operations in its concession areas after the achievement of positive results following the drilling of a development well in the Abu Gharadiq concession. PetroSA withdraws from the Egyptian sector
South Africa's PetroSA is selling its stake in the concession area in the Gulf of Suez, as the company decided to withdraw its investments from Egypt, top official told Egypt Oil & Gas. Abu Qir finishes $20-million project
The Abu Qir Petroleum Company revealed that the installation of offshore platforms in the Mediterranean Sea area would be concluded soon. 
