News / Egypt
Egypt Citadel Capital to delay Taqa Arabia IPO
Egypt's Citadel Capital has postponed plans for the initial public offering (IPO) of its electricity and natural gas distributor Taqa Arabia because of lower valuation prospects, according to a senior executive. Plexus Holdings gets GBP200,000 agreement with BG Egypt
Plexus Holdings PLC, an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, said it has signed a GBP200,000 agreement with BG Egypt. Egyptian minister: We can’t stop gas supply to Israel
To complaints that Egypt is losing $ 13 million a day on natural gas exports to Israel, Petroleum Minister Abdallah Ghorab responded: There is no global gas price. EGAS raises price of gas sales to Union Fenosa
The Egyptian Natural Gas Holding Co. (EGAS) signed an agreement allowing it to increase the price of natural gas sold to Union Fenosa SA, to reflect soaring global crude prices, according to an official for the Egyptian company. Sinai officials to ask Saudi Arabia to halt oil dig in Red Sea
''Saudi Arabia must stop digging for oil in the Red Sea until impact assessments on marine life have been made,'' diving and environment officials say. WASPETCO plan approved
Wadi El Sahl Petroleum Company (WASPETCO) gained the approval of the Egyptian General Petroleum Corporation (EGPC) to go through with its current fiscal plan of the year 2010-2011 in the area of Hurghada. West Bakr ready for more drilling
West Bakr Petroleum Company finalized the bid round for drilling of a new exploratory well in the company's acquisition area in the Eastern Desert. Pharaonic intensify the Port Said drilling
Pharaonic Petroleum Company is preparing to drill an exploratory well in its concession area of Port Said during the middle of the current year of 2011, according to the company's drilling plan. 
