Dara Petroleum Company (Petrodara), a subsidiary of Transglobe, drilled a new development well, East Arta-23, in the West Gharib Lease, located in the Eastern Desert.
Rashid Petroleum Company (Rashpetco) completed the drilling of a new development well, SIMSAT-B2-DA in the West Delta Deep Marine (WDDM) Concession, in the Mediterranean Sea area.
Tug FAIRMOUNT SHERPA has successfully towed jack-up drilling rig BAHARIA I to her new position in the Zeit Bay oil field in the Gulf of Suez. The FAIRMOUNT SHERPA is one of five supertugs owned by Fairmount Marine.
Gamesa will deliver 100 of its G80-2.0 MW wind turbines to the New & Renewable Energy Authority (NREA) for a total of 200 MW of wind projects in the Gulf of El-Zayt on Egypt's Red Sea coast.
Egypt's fuel subsidies are expected to reach 114 billion Egyptian pounds ($18.9 billion) in 2012 compared with 100 billion pounds in the previous year, Al Mal reported, cited Hani Dahi, chairman of Egyptian General Petroleum Corp.
The Jordanian Minister of Transport Alya Bitayana has demanded that Egypt ensures the safety of a pipeline delivering Egypt gas to Jordan, television channel, Al Arabiya said on Monday.
TransGlobe Energy Corporation today announces the closing of the West Bakr acquisition in Egypt from The Egyptian Petroleum Development Co. Ltd. (of Japan) that was completed on December 29, 2011.
Egypt's Ministry of Petroleum has confirmed that a natural gas reserve recently discovered off the coast of Cyprus, does not fall within Egyptian territorial waters or its exclusive economic zone.
Prime Minister Dr. Kamal El Ganzoury meets on 24/12/2011 with Arab Ministers of Energy and Petroleum participants in the activities of the 85th meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries "OPEC", headed by the Minister of the UAE's oil the current chairman of the Ministerial Council Information Service
Khartoum has made a formal request to Egypt to supply Sudan with natural gas, affirming that Cairo pledged to study the request and respond accordingly, according to Minister of Electricity and Dams, Osama Abdullah.