News / Egypt
Technology for New boundaries
Schlumberger Wireline organized their New Technology seminar for 2010 in the Fairmont Towers Hotel - Heliopolis, last month. The yearly-event, prepared by the Paris headquarters and the Wireline team in Egypt, is held to introduce Schlumberger's latest technologies related to electrical wireline logging with cases studies from the region and worldwide. Khalda finished drilling Phiops-6
Khalda Petroleum Company is continuously drilling the effective exploratory wells in its acquisition area in West Kalabsha Concession. Moreover, Egypt Oil & Gas knew that the company has successfully completed drilling and examining the exploratory Phiops-6 field which produces a rate of 5500 barrel of oil per day. Hess Corporation is looking for a new rig
Hess is preparing to successfully end all the bids' procedures necessary for drilling its first exploratory wells in its Red Sea acquisition area. The bids include a bid for leasing an offshore rig with an estimated cost by nearly $400,000. Al Hamra is back to drilling
Al Hamra Oil company resumed its drilling activities in its acquisition areas of "Ydma" and "El Alamein", after holding its work last year due to the global recession. Aegean Energy Enters Gulf of Suez
Aegean Energy, the only operator of Oil & Gas in Greece, announced the Farming‐in of its first international exploration license in the Gulf of Suez in Egypt. Dana Petroleum: Block Farm-in Opportunity in Egypt
Dana Petroleum (Egypt) is seeking partner(s) to farm-in to the Ras Abu Darag Block, Egypt, to join them in their 2010/11 exploration drilling program in the Ras Abu Darag Concession, situated in the northern offshore part of the Gulf of Suez. This lies immediately on-trend and north of the proven producing part of the Gulf. AGIBA: new drilling plans in the Western Desert
AGIBA Petroleum Company said that it's planning to drill a new exploratory well, Arcada-1x, located in its acquisition area " Melehia Field" in the Western Desert. The initial stages of the drilling is expected to start within this month, and the volume of production will be announced later after the evaluation period to estimate the reserves of the well. Maridive to hand out bonus share
Egypt's Maridive and Oil Services approved a dividend of one bonus share for every five held, a move that will boost its capital 20 percent to finance expansion, officials said on Monday. 
