News / Egypt
Rashpetco benefits from the Gulf of Mexico’s oil spill
Rashid Petroleum Company (Rashpetco) is planning to conduct its development plan for the next year 2011, which includes drilling two new exploratory wells, in addition to a third well in the deep water with approximately depth of 4000 meter, in its acquisition area of West Delta. DAPETCO to drill a new well in Western Desert
Egypt Oil & Gas newspaper (EOG) learned that South Dabaa Petroleum Company (DAPETCO) is nearly finalizing its drilling plan for the year 2009-2010, as the company will drill an exploratory well "Zoom SD3" in Al Qattara Depression in its acquisition area in the Western Desert. $41-million investment in Abu Qir
Abu Qir Petroleum Company initiated its first steps towards the drilling of two new wells, exploratory and development wells in North Abu Qir-10 and Center of Abu Qir respectively. GPC: new discovery in the Gulf of Suez
The General Petroleum Company (GPC) announced a new discovery, Nobia, in the Amer area in Gulf of Suez. BG Egypt to invest $2 bln
BG Group's Egyptian subsidiary announced it would invest $2 billion to install a pipeline and drill new wells off Egypt's Mediterranean coast to help meet the country's growing demand for gas. EGPC reissues tender to sell unsold naphtha
The Egyptian General Petroleum Corporation (EGPC) has reissued a tender to sell up to 50% of the naphtha cargoes left over from its H2 2010 term cycle, according to trade sources. Technip awarded a Subsea contract in the Mediterranean Sea
Technip has been awarded a lump sum engineering, procurement, installation and construction (EPIC) contract by Burullus Gas Company SAE(1) for the West Delta Deep Marine (WDDM) Phase VIIIa development project. IFC invests $120m in Egyptian Refining Company
Citadel Capital, the leading private equity firm in the Middle East and Africa with $8.3bn in investments under control, announced today the International Finance Corporation (IFC) is investing $120m in the Egyptian Refining Company (ERC). 
