News / Egypt
AOC testing NWO-2 well
The Arabian Oil Company (AOC) is currently testing the productivity of the Northwest October-2 (NWO-2) well in the northern Gulf of Suez. The primal results indicate promising figures of oil and gas, which confirms the reserves estimated earlier at the Northwest October-1 (NWO-1) well. North Sinai and Petrojet to join forces
North Sinai Co. For Petroleum - Nospco is in the second stage of development process of the North Sinai fields to maintain its gas production at a level of 180 million cubic feet. North Sinai Company to drill two new wells
Egypt Oil & Gas newspaper (EOG) learned that North Sinai Co. For Petroleum - Nospco investments in the Mediterranean reached $ 400 million after drilling four wells Tao-1, 2, 3 and 4. The four wells are producing 180 million cubic feet of gas since the developing operations ended. Sea Dragon preparing to drill the first new well in Al Baraka Field
Sea Dragon Energy Inc. provided an operational update on its activities in Kom Ombo and NW Gemsa Concessions in Egypt. FDC obtains Mubarak-4 for $ 12.5 million
The Fields Development Company (FDC) bought Mubarak-4 rig from the Egyptian-Chinese Company for Manufacturing Onshore Oil Rigs. Mubarak-4 was sold for $12.5 million, and said EOG learnt that it will be used in drilling Badr El Din Petroleum Company's wells (BAPETCO), which is a joint venture company between Egyptian General Petroleum Corporation (EGPC) and Shell. Hill receives a $200 million contract for Natural Gas facility
Hill International, the global leader in managing construction risk, announced that an affiliate company, Hill International Petrol Egypt, E.S.C. (Hill Petrol), has entered into a contract with the Egyptian Natural Gas Holding Company (EGAS) to provide project management services for a new $200 million natural gas compression station in Dahshur, Egypt. Sherif Sousa to lead GPC
Eng. Sameh Fahmy, the Egyptian minister of Petroleum, issued his orders to bring some movements to the head of General Petroleum Company (GPC) and some other companies. Eng. Sherif Sousa was promoted to be the chairman of the GPC instead of Eng. Reda Moustafa. Burullus Gas Company: Sapphire field enters the development phase
Burullus Gas Company said that the Sapphire field in the West Delta Deep Marine concession (WDDM) has been on production since 2005 and has entered a new phase of development. The WDDM Phase 8A drilling development campaign has already delivered three successful satellite wells, and two further wells will be drilled in the main field area and tied back during 2010 and 2011. 
