News / Egypt

El Hamra to drill a new well

El Hamra Oil Company is preparing to drill a new exploratory well in the company's acquisition area in North East El Alamein, located in the Western Desert field.

ZAFCO to increase production

Zafarana Oil Company (ZAFCO) evaluates the south extension of the geological formation of the Zafarana field in the Gulf of Suez concession.

GEMPETCO evaluates the seismic data

Gemsa Petroleum Company (GEMPETCO) is currently working on reassessing some of the data collected from the 3D seismic survey of some of the company's fields.

WASPETCO: no problems with partner

Wadi El Sahl Petroleum Company (WASPETCO) denies any problem with the partner as some newspapers claimed that the company's operations were postponed due to the clashes, said an official to Egypt Oil & Gas Newspaper.

Abu Qir deepen in the Mediterranean

Abu Qir Petroleum Company studies the possibility of drilling a new exploratory well in its acquisition area in the Mediterranean.

PetroAmir and SUCO to join forces

PetroAmir is preparing to cooperate with Suez Oil Company (SUCO) to implement a new project to extent the natural gas pipeline produced during the coming period. The procedure is a part of the company's new fiscal plan of the year 2010-2011.

NOSPCO awaits the new ministry decision

North Sinai Petroleum Company (NOSPCO) is awaiting the response from the new ministry, led by Eng. Mahmoud Latif, on the workers' demands to appoint the temporary petroleum labor.

Confusion prevails in the EGPC

Concerns have dominated the petroleum labor yesterday after spreading news that Eng. Abdallah Ghorab, the President of the Egyptian General Petroleum Corporation (EGPC) to move to his previous position at the Ministry.

Strategy of the new Egyptian Minister of Petroleum

Eng Mahmoud Latif, the new Egyptian Minister of Petroleum and Mineral Resources, declared a strategy for the coming period in which he stressed on the importance of stability in order to increase production rates, attract more investment to the petroleum sector and increase the national income.

Oil Refineries exposed to huge damage from Egyptian gas delay

Oil Refineries Ltd. is exposed to millions of dollars in damages due to delays in the delivery of Egyptian natural gas, which was supposed to begin on March 1. Egypt's East Mediterranean Gas Company (EMG), which had promised to resume deliveries by the end of the month, following an explosion on a pipeline in Sinai, will probably announce another delay.

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