News / Egypt

Qarun Advances Western Desert Drilling

Qarun Petroleum Company, a joint-venture between the EGPC and the American operator Apache Corporation, is in the process of drilling a new crude-producing exploratory well in its Western Desert concession area. The new 'HEBA-10x' well has reached a vertical depth of 7150 feet using the EDC-63 rig, with investments averaging $1million.

Japan AOC: hard to start Egypt oil block output in May

Japan's AOC Holdings said on Thursday it will be difficult to achieve its goal of starting production in May from the offshore Northwest October block in the northern Gulf of Suez due to the nation's political situation.

Bapteco Offers Tenders to Create a CO2-Removal Unit

Badr El-Din Petroleum Company (Bapetco) is preparing to offer a series of tenders to acquire the needed equipment to create a carbon dioxide-removal unit. The decision comes in the context of putting several new wells on production, all of which are located in field 'Kareem' in the company's Alam Al-Shawish concession area in the Western Desert.

Circle Oil Plc Provides an Operational Update on Egypt

Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field (''AASE'') and the Geyad field.

Amapetco Expands Drilling Activity in Gulf of Suez

Amapetco has drilled a new developmental well, AMAL-14 ST-2, in the concession it owns in the Gulf of Suez. The operation is in accordance with the company's developmental plan for the 2011-2012 fiscal year.

Bapetco Intensifies Drilling Activities in the Western Desert

Bapetco has announced a surge in drilling activities in the Western Desert as part of the company's drilling plan for the current fiscal year 2011/2012. The plan includes two drilling operations for both an exploratory well and a developmental well in the company's Western Desert concession.

Khalda Increases Investments, Drills Several Wells in Western Desert

Khalda has completed the drilling of several new wells in the fields of its Eastern Desert concession.

Petrodara Increases Production in Eastern Desert

Oil company Petrodara's production of crude oil increased significantly, revealed the company-specific analytical report compiled by Egypt Oil & Gas. Production indicators for crude oil rose consistently, reaching 376,129 barrels for the month of January 2012.

Apache Drills New Development Leases in Faghur Basin, Western Desert

Apache Corporation reported that approval of seven new development leases in the Faghur Basin has enabled the company to add 5,200 barrels per day of new production in Egypt's Western Desert.

Mena Hydrocarbons Announces Spudding Lagia Oil Field and Creation of Joint Venture Company

MENA Hydrocarbons Inc. is pleased to announce the commencement of operations for Lagia oil field development in Egypt and the Creation of Joint Venture Company, PetroSinai.

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