News / Egypt
Egypt’s Oil MInister to pay visit to Azerbaijan on July 7
Egyptian Minister of Oil Sameh Fahmi will pay visit on July 7 to Azerbaijan, according to APA Dana: Double Oil Discoveries in Egypt
Dana Petroleum announced two new oil discoveries in Egypt and gave an update on its 2010 drilling program. Red Sea Spill Causes Oil Company Stocks to Drop
It's as though oil drilling has reached a holding pattern off the Red Sea coast of Egypt as the media, investors, drilling companies, governments and NGOs work to establish or even decide on the cause of the oil spill off the coast of Egypt’s Red Sea last week. Egypt oil spill threatens Red Sea marine life
An oil spill off the Egyptian Red Sea coast of Hurghada threatening to damage marine life in the area has prompted environmental agencies to demand tighter regulation of offshore oil platforms. Red Sea Oil Spill Not Caused By Rigs, Egypt’s Oil Ministry Says
The Egyptian Oil Ministry said crude oil that washed ashore at a major Red Sea beach resort area was leaked by a passing tanker or may have seeped from the ground due to a heat wave, but was not from any of its rigs. TransGlobe: Egypt Operations Update
TransGlobe Energy Corporation provided an operations update on its operations in Egypt. Qarun plans to drill three new wells
Egypt Oil & Gas newspaper (EOG) learned that Qarun Petroleum Company (QPC) is in the process of drilling three new wells by the end of this year, in the two fields "Gharibon" and " Sohba" located in its acquisition area in the Eastern Desert. The total estimated investment of three wells expected to reach $13 million, after conducting the needed 3D seismic survey. New Faghur Basin production boosts Apache past goal of doubling Egyptian output
Apache Corporation announced that new production from its Faghur Basin fields has propelled its Egyptian gross-operated oil and gas production above 330,000 barrels of oil equivalent (boe) per day, surpassing the company's late-2005 goal of doubling output from Egypt's Western Desert within five years. 
