News / Egypt

Egypt Unrest Could Trigger Oil Price Hike

Crude oil prices have risen over, recovering much of the loss the commodity suffered during the financial crisis.

Amid Egypt crisis, India worries over oil bill

India's oil import bill will be a matter of concern if oil prices shoot up further, Finance Minister Pranab Mukherjee said.

Groundstar Resources provides update on Egyptian operations

Groundstar Resource Limited provides the following update regarding its operations in Egypt. Recent political demonstrations have been restricted to major cities more than 500 kilometers from the Company's drilling locations, which are located in remote locations in the western desert. Company field operations in the West Kom Ombo block in Upper Egypt have not been impacted.

Egypt Engineer For Baker Hughes Missing After Protest – Family

An Egyptian employee of U.S. oil services giant Baker Hughes Inc. has been missing for more than 10 days since taking part in anti-government protests, his family told AFP Tuesday.

PetroGulf: operations are not affected

PetroGulf Company wrapped up its maintenance operations for four wells through the conduction of advanced technical study.

Gas pipeline to Jordan set ablaze in Egypt

A pipeline that sends natural gas to Jordan was set on fire in the Egyptian Sinai town of El Arish, and the suspected act of sabotage has forced its temporary closing, officials said.

Abu Qir: a new compressor for more production

Abu Qir Petroleum Company finalized the installation of a new gas compressor with a capacity of 350 million cubic feet per day.

East West Petroleum: Burg El Arab Operations Remain Unaffected

East West Petroleum has been informed by its partner Kuwait Energy, the operator of the Burg El Arab (BEA) concession, that the operations remain unaffected by the recent events in Egypt. Kuwait Energy, as operator, continues to monitor the situation closely.

Circle Oil Confirms Egypt Ops Remain Safe

Circle Oil confirmed that its operations and oil production in the NW Gemsa Concession (40% Working Interest) remain unaffected by current events in Egypt. The Company continues to monitor the situation in Egypt and further updates will be made as appropriate.

Atwood Gets Notice from Customer of Force Majeure in Egypt

Atwood Oceanics said it has received a force majeure notice from one of its customers because of the civil unrest in Egypt.

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