News / Egypt
Sinochem says not bidding for Devon’s Egypt assets
China's state-run Sinochem Corp. has decided not to bid for Egyptian oil blocks offered by U.S. firm Devon Energy Corp. Centurion chairman joins Dana Gas Board
Dana Gas PJSC, the first regional private-sector gas company in the Middle East, has announced the appointment of the Chairman of Centurion Energy, Said Arrata, as a member of the Board of Directors of Dana Gas. AlMansoori announces third acquisition in Egypt
Innovative leading oilfield services provider AlMansoori Specialized Engineering (MSE) has signed a multi-million dollar deal to acquire the Tubing Conveyed Perforation (TCP) division of Energy Inc as part of MSE's ambitious plans to build and strengthen its business developments in Egypt. Melrose provides Egyptian operating update
Melrose Resources plc announced that the West Dikirnis No.7 appraisal well was drilled as a step-out well on the northern flank of the West Dikirnis field. Fahmy inaugurates the propylene project in Port Said
Eng. Sameh Fahmy; Minister of Petroleum witnessed the inauguration of the Petrochemical project to produce propylene and polypropylene at Al-Gameel industrial area in Port Said Governorate. INA Nafta discovers a large oil field in the Western Desert
The Croatian Company, INA Nafta achieved a new oil discovery, Sidi Rahman-1 located in the Western Desert, 3 km off the Mediterranean Coast, announced the Egyptian Ministry of Petroleum (MoP). Arsenal Initiates Egyptian Drilling Program
Arsenal Energy Inc. announced that drilling operations on the 5.625 million acre Nuqra concession in Egypt are underway. The first well, the SET-1, has now spudded and has a target depth of approximately 3,800 feet. The well will test a stratagrphic trap in the Jurassic zone identified through extensive seismic evaluation. Natural gas exports down 25 percent in November 2006
Egyptian exports of natural gas and its derivatives collapsed by nearly 25 percent to $233 million in November 2006 compared with $296 million a year earlier, according to a recent report by the Cabinet Information & Decision Support Center. 
