News / Egypt

Apache to acquire BP assets in Egypt

Apache Corp has agreed to acquire all of BP's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico and Egypt's Western Desert.

OSUCO to drill a new well in North Shukair

Offshore Shukair Oil Company (OSUCO) is planning to drill a new development well in North Shukair field in the company's acquisition area in the Gulf of Suez, according to Moustafa Abdul Aziz, Assistant General Manager of Petroleum Engineering at the company.

Al Fanar expects more from North July concession

Al Fanar Petroleum is preparing to drill a new exploratory well, NGUP1 filed, in its acquisition area in North July concession during the current fiscal year of 2010-2011 after conducting the needed exploration studies.

BP, RWE amend two gas contracts

BP Plc and RWE AG changed the terms of two natural-gas production contracts in Egypt, ending a requirement that the government invest in developing offshore fields, the companies and Oil Ministry said.

Egypt and Saudi plan oil spill exercise

Egypt and Saudi state oil giant Aramco plan to launch an oil spill containment exercise in an Alexandria port in November, according to an Egyptian official.

Rashpetco hitting a new era of production

Rashid Petroleum Company (Rashpetco) prepares for carrying out the "Hot Tap" operation, which is a unique operation that is considered to be the first of its kind to be accomplished in Egypt with Technip, the multinational company.

Rashpetco benefits from the Gulf of Mexico’s oil spill

Rashid Petroleum Company (Rashpetco) is planning to conduct its development plan for the next year 2011, which includes drilling two new exploratory wells, in addition to a third well in the deep water with approximately depth of 4000 meter, in its acquisition area of West Delta.

DAPETCO to drill a new well in Western Desert

Egypt Oil & Gas newspaper (EOG) learned that South Dabaa Petroleum Company (DAPETCO) is nearly finalizing its drilling plan for the year 2009-2010, as the company will drill an exploratory well "Zoom SD3" in Al Qattara Depression in its acquisition area in the Western Desert.

$41-million investment in Abu Qir

Abu Qir Petroleum Company initiated its first steps towards the drilling of two new wells, exploratory and development wells in North Abu Qir-10 and Center of Abu Qir respectively.

GPC: new discovery in the Gulf of Suez

The General Petroleum Company (GPC) announced a new discovery, Nobia, in the Amer area in Gulf of Suez.

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