News / Egypt

Apache plans $1.5 billion Egypt investments in 2012

Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI) said.

Maersk Drilling secures deepwater rig contract with BP for work offshore Egypt

Maersk Drilling has signed a contract with BP for the ultra deepwater semi-submersible MAERSK DISCOVERER for work initially offshore Egypt.

BP Makes Gas Discovery in Egypt’s Nile Delta

BP Egypt announced the Salmon gas discovery in the North El Burg Offshore Concession, Nile Delta. Salmon is the third gas discovery BP has made in the concession following Satis-1 and Satis-3 Oligocene deep gas discoveries.

West Delta Deep Marine Phase 8a Enters Operations

BG Egypt today announced the start of gas production on 17 October 2011 from the Phase 8a Deepwater Development Project. The Project is within the West Delta Deep Marine Concession (BG Group 50%, PETRONAS 50%) located approximately 90 kilometres offshore the Nile Delta.

Beach exploration success in Egypt

Beach advises that gas and condensate discoveries have been made at its first two exploration wells, GPZZ-4 and Al Ahmadi-1, in the Abu Sennan concession in the Western Desert.

Egypt’s Gas Exports to Jordan Might Resume in 2 Weeks

Following the sabatoge explosion on 27 September in Egypt's Sinai that cut off gas supply to Jordan, it is expected to resume in two weeks. Egyptian authorities informed Jordan's energy minister that gas exports to Jordan might resume in two weeks time, after the pipeline between the two countries is repaired, according to several news sources.

Foster Wheeler awarded PMC contract for the Qasr Compression Project

Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has received a contract from Apache Khalda Corporation for the provision of project management consultancy (PMC) services to oversee the front-end engineering design (FEED) for the Qasr Compression Project in Egypt.

Groundstar Resources acquires aeromagnetic survey over the West Kom Ombo Block

Groundstar Resources is pleased to announce that Aegean Energy Egypt Limited , the Operator of the West Kom Ombo block in Upper Egypt, has commenced a high resolution aeromagnetic survey over the block on October 1, 2011.

Ghorab: final draft of new gas prices is underway

''The final draft for the modified natural gas prices is near completion. The new prices will significantly aid Egypt in securing its needed quota of natural gas,'' answered Eng. Abdallah Ghorab, Egyptian Minister of Petroleum to a question about the price amendments of exported natural gas.

Dana Gas eyes production increase

Dana Gas drilled the South Abou El-Naga 2 development well, in the West Manzala Concession, onshore the Nile Delta.

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