Egypt is considering the import of natural gas from Iraq through the pipeline that the country currently uses to export its own natural gas to Jordan, Lebanon and Syria, known as the Arab pipeline, the Daily News Egypt reported.
Apache Corporation reported that its WKAL-A-2X discovery tested 5,085 barrels of oil and 130 thousand cubic feet (Mcf) of gas per day - the fourth successful exploration test in West Kalabsha Concession and the company's sixth discovery in the Faghur Basin play in Egypt's far Western Desert near the Libyan border.
Dana Gas, the Middle East's first and largest regional private sector natural gas company, is pleased to announce the Al Baraka-4 well, drilled as an appraisal of the Al Baraka Field in the Komombo Concession in southern Egypt
Hany Soliman, President and chairman of the board of the Egyptian Petrochemicals Holding Company (Echem), announced that preparation are taking place for the inauguration of methanol production complex in Damietta, with investments reaching up to $950 million.
The oil sector is attaching increasing importance to scientific research in order to develop the oil, gas and petrochemical industries in Egypt, said the Egyptian Petroleum Minister Eng. Sameh Fahmy.
Eng. Sherif Ismail, Chairman of Ganoub El Wadi Petroleum Holding Company (Ganope) revealed the establishment of a new investment company for oil refining in Upper Egypt.
The Minister of Petroleum, Eng. Sameh Fahmy issued his directions to speed up the delivery of natural gas to households, adding that this year's plan includes 600 thousand households
Egypt's petroleum products subsidy bill will reach 66 billion Egyptian pounds ($12.1 billion) by the end of the fiscal year 2009/10, the state news agency MENA said on Tuesday.
South Malak-1 in the West esh el Mellaha-2 concession in Egypt reached a revised total depth of 11,200 feet (3,415 meters) on 21st October 2009, reported Aminex PLC.
Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced that it has successfully achieved its end of year production target for Egypt operations