News / Egypt
Increase of oil, gas exploration works throughout Egypt
The coming phase would witness an increase of oil and gas exploration works throughout Egypt, said Petroleum Minister Sameh Fahmy. Egypt: Petrochemical industry overcomes global crisis
Egyptian Minister of Petroleum Sameh Fahmy said the Egyptian petrochemical industry has quickly ridden out the fallout from the global financial crisis. Edison International to buy EGPC Abu Qir share
Italian Edison entered negotiations with the Egyptian authorities to sell its share of the gas produced from the North Abu Qir field, which Edison won with a Signature Bonus of $1.4 billion. Apache invests more in the Western Desert
Apache Corporation won the endorsement of the Egyptian General Petroleum Corporation (EGPC) to originate a pipeline with the capacity of 24 inch, from Abu Al Gharadiq to Dahshur 220 km along and $550 million total cost. West Dikirnis Phase II Development Completed
During the first half of 2010, Melrose continued its active exploration and development work programme on its Egyptian acreage comprising the Mansoura, South East Mansoura and Qantara concessions onshore in the Nile Delta and the frontier Mesaha exploration concession in southern Egypt. Cairo goes nuclear as resources dry up
Despite a rise in discoveries of oil and natural gas, authorities in Cairo said they need to pursue nuclear power as their country runs out of fossil fuels. KBR Bags Second Contract for West Nile Delta Development
KBR has been selected by BP to undertake the second stage of concept selection and definition for the onshore terminal and export pipelines for BP's West Nile Delta Development in Egypt. Citadel of Egypt may sell investment, List Taqa shares as market improves
Citadel Capital Corp. may sell at least one investment by year-end and list one of its oldest energy units by June, the chief financial officer of Egypt’s largest publicly traded private equity firm said. 
