News / Egypt

New Oil Discovery in Sinai by Petrobel

Belayim Petroleum Company (Petrobel) made a new oil discovery in Sinai, announced the Ministry of Petroleum last month.

New exploratory activity by Apache

Apache Corp., the U.S major company drilled a new exploratory well, Hathour 1-X in the company's concession area in the Western Desert.

Dana Petroleum Egypt joint venture approved

Dana Petroleum plc (''Dana'') is pleased to announce that The Egyptian Ministry of Petroleum has approved ''Petro Kareem'' - a new joint venture between Dana and the Egyptian General Petroleum Corporation.

French company Total to open US$3 billion plant in Egypt

French energy company Total is on the verge of signing a contract with the Egyptian Petrochemicals Holding Company to establish a US$3 billion plant for the production of olefins by steam cracking of natural gas, said a Petroleum Ministry official.

Ganoub Dabaa drills an exploratory well

The Ganoub Al-Dabaa Petroleum Company announced the drilling of a new exploratory well in the South Dabaa Field, in the area of the Western Desert.

Naftogaz moves further in its 2011 plan

Naftogaz concluded the drilling of a new exploratory well, EHG 1-1, in the context of the company's 2011-2012 drilling program.

Ghorab: Oil sector investments up to $7bn since the revolution

Petroleum Minister Eng. Abdullah Ghorab stressed the importance of maintaining oil production and attracting more investments as well as signing more agreements to intensify operations of prospecting for oil and gas.

RWE to sell Egyptian assets to shore up finances – FT

German utility RWE has earmarked oil and gas assets in Egypt for sale in a bid to shore up its finances as Germany moves to exit nuclear energy, the Financial Times reported.

CROSCO Provides Drilling Services For SIPETROL In Egypt

CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the commencement of drilling services for SIPETROL INTERNATIONAL S.A. Egypt Branch.

Bapetco deepens operations in Sitra

Badr El-Din Petroleum Company (Bapetco) invested $2.172 million in a drilling activity in the Alam El-Shawish Concession, onshore the Western Desert.

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