News / Egypt

OSUCO: new mean to maintain production rate

Offshore Shukair Oil Company (OSUCO) is preparing to use the Electrical plumb for the first time through its development plan in the North Shukair field in the company's acquisition area in the Gulf of Suez, to be fully implemented by the end of 2nd quarter of the fiscal year of 2010-2011.

Petrogulf Misr to amplify production

Petrogulf Misr announced that it is using a special technological study to determine the exact composition of rock fragments in its acquisition area in Gebel El Zeit concession.

EPEDECO seeks more oil from deeper layers

EPEDECO, the foreign partner of West Bakr Petroleum Company, bough a new Workover machine to isolate the water layers from the crude oil layers in the explored wells of the company

Abu Qir heads towards the 3rd phase

Abu Qir Petroleum Company started the implementation of the 3rd phase of the development plan of the Mediterranean fields owned by the company.

Premier Oil joins Hess to explore the North Red Sea

Premier Oil Plc, the U.K. crude and natural gas explorer focusing on Vietnam and Indonesia, will join Hess Corp. in exploring the North Red Sea off Egypt.

Deed of assignment between Groundstar Resources and Aegean Energy approved by the Egyptian Authorities

Groundstar Resources Limited announced that the Egyptian Ministry of Petroleum has approved the deed of assignment which transfers a 60% net interest in the West Kom Ombo block to Aegean Energy.

Apache Completes Acquisition of BP Assets in Egypt’s Western Desert

Apache Corporation announced that a subsidiary has completed its acquisition of BP's oil and gas operations, acreage and infrastructure in Egypt's Western Desert. The transaction marks the final step in Apache's previously announced three-part acquisition of BP assets.

Egypt, Iraq to enhance cooperation in fields of oil and gas

Egyptian Minister of Petroleum Sameh Fahmy visited Iraq with a high-ranking delegation within the framework of cooperation between the two countries in the fields of oil and gas.

Vegas Oil announces 3rd discovery in East Ghazalat concession

Vegas Oil & Gas S.A. is the operator of the East Ghazalat Concession located onshore in the Western Desert of Egypt.

El Hamra deeply develops in Alamein

El Hamra Oil Company revealed that it started to implement the development plan for the current fiscal year of 2010-2011. The plan includes developing six wells in the company's field in El Alamein.

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