News / Egypt
Egypt to Enhance Oil Refining Industry
Egyptian Petroleum Minister, Eng. Sameh Fahmi said the international successive developments showed how important is the oil refining industry as it is one of the most important strategic industries to secure the needs of the local market of oil products and the export of the surplus. Egypt mulls re-buying its own gas from Israel at a seven times higher price
The Egyptian daily Al-Shaab reports that the Egyptian government, pressed by widespread popular unrest over power shortages caused by an insufficient domestic gas supply to power stations, is mulling the possibility of re-buying approximately 1.5 billion cubic meters of natural gas already supplied to Israel. RWE hits dry
RWE Dea drilled two new wells in its acquisition area in North Edko, which showed low economical gas reserves and poor quality, as the gas contains more than 8% of CO2. Petrogulf to rise in Gebel El Zeit
Petrogulf is awaiting the Egyptian General Petroleum Corporation (EGPC) approval on the drilling plan for the year 2010-2011. The company is planning to drill an exploratory well in its acquisition area in Gebel El Zeit with investments of $9 million. Univar entity in Egypt fully operational
Univar, a leading global chemical distributor, announced today that Univar Egypt LLC, based in Cairo, Egypt is now fully operational. The new entity includes office and warehouse space and will be headed by Ahmed Fakhr El-Deen. NOSPCO expects more from its Mediterranean field
North Sinai Petroleum Company (NOSPCO) concluded its installation operations and geological studies, according to the company's schedule for the month of July 2010. NORPETCO ready for 2nd water injection phase
North Bahariya Petroleum Company (NORPETCO) is preparing for the second stage of the Water Injection project in the Bahariya layer, to convert two producing fields to work on the Water Injection operation. NOSPCO to hit new layers
North Sinai Co. For Petroleum - Nospco is preparing to open new layers in the producing fields in the company's acquisition areas. 
