News / Egypt
Report: Egypt could increase gas export by 27%
Egypt has a great potential for exporting gas and could increase its production up to 27.66 percent over the next 10 years, said a report by the Business Monitor International. PTTEP quits Egyptian well
Thai oil company PTTEP has withdrawn its 30% interest in the Sidi Abd El Rahman Offshore Project in Egypt, the company has announced. Agiba deepens in the Western Desert
Agiba Petroleum Company is reaching the final phase of drilling four new exploratory wells in the company's concession area in the Western Desert, according to its drilling plan of the fiscal year of 2010-2011. Transglobe acquires assets in Egypt
TransGlobe West Bakr Inc (TGWB), a wholly owned subsidiary of TransGlobe Energy Corporation, has entered into a Sale and Purchase Agreement (SPA) to acquire all the Egyptian assets of The Egyptian Petroleum Development Co. Ltd. (of Japan) (EPEDECO) for $60 million plus or minus adjustments. Officials deny full gas resumption to Israel
Gas exports to Israel have not returned to their pre-revolution levels, according to one official, as legal experts scramble to find ways to renegotiate a deal that was agreed under the previous regime. Statoil hits dry in Egypt
Norwegian oil and gas firm Statoil has drilled a dry well in the El Dabaa license in the Mediterranean Sea west of the Nile in Egypt, the firm said on March 28. Egypt pipeline opened after bomb removed
Egyptian gas transport company Gasco has reopened its upstream pipeline after an explosive device placed along it was removed. Melrose planning to cut reliance on Egypt
The oil and gas firm Melrose Resources has said the threat of disruption to its drilling in Egypt has underlined the need to expand in other areas. 
