News / Egypt

Energean begins drilling 2nd well in Egypt block

Energean provided an update on the drilling of the WKO-3X in the West Kom Ombo Block covering a total area of 31,520 km2 and located in Upper Egypt. The WKO-3X was spud.

Western diplomat claims Bedouin hold up Egyptian gas

AFP quoted a Western diplomat in Jordan as saying that Egypt could already resume the supply of natural to Israel and Jordan, but that Bedouin in the Sinai object to gas deliveries to Israel, which is delaying their resumption.

The Future of the Oil & Gas industry in Egypt

The Ministry of Petroleum oversees four holding companies that manage all elements of the oil and gas business and form joint ventures with international partners: EGAS, ECHEM, GANOPE, and EGPC.

Egypt wants to raise price of gas to Jordan

Egypt, which provides 80 per cent of the kingdom's electricity needs, won't resume exports before increase is approved.

Maimon has no control over Egyptian gas

Yosef Maimon, one of the leading shareholders in East Mediterranean Gas Company (EMG), is the Israeli face of the Egyptian-Israeli venture. Instead of putting all his cards on the table, and explaining to his customers what exactly is going on, or what he thinks is happening, his company, Ampal-American Israel Corporation sends repeated notices to the TASE, quoting EMG as saying that natural gas deliveries will resume within days.

Abdallah Ghorab new Petroleum Minister, Sharaf

Dr. Essam Sharaf, Egyptian Prime Minister, appointed Eng. Abdallah Ghorab as the new Petroleum minister, according to Al-youm Al-sabe newspaper.

Egypt gas still not flowing to Israel

The Israeli Ministry of Environment announced that Egypt's supply of gas to Israel will not be resumed as anticipated following an attack on an oil pipeline in Northern Sinai on 5 February.

Israel-Egypt gas exporter says turmoil won’t damp sales outlook

Yosef Maiman, part owner of the Egyptian-Israeli natural-gas pipeline, said turmoil in the Middle East won't stop the joint venture's fuel sales from more than doubling to $1 billion by 2014.

BP reserves drop 1% after asset sales in Egypt, U.S., Canada

BP Plc said its proved recoverable crude oil and natural gas reserves fell 1.2 percent last year on disposals in Canada, Egypt and the U.S.

Will Hess leave Egypt for good?

Hess Corporation, an integrated oil company based in USA, decided that it would sell its shares in its concession area in the Mediterranean Sea.

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