News / Egypt

TransGlobe Energy announces Updates on its operations in Egypt

TransGlobe Energy Corporation is pleased to provide a mid-quarter production and operations update for the fourth quarter of 2011 and 2012 Forecast.

Egypt’s Gas Export Pipeline Hit by 10th Explosion This Year

Egypt's North Sinai gas pipeline, which transports gas to Israel and Jordan, was attacked for the 10th time this year, Egyptian Natural Gas Co. Chairman Magdi Tawfik said.

Melrose Resources reveals exploration plans

Oil and gas firm Melrose Resources is to spend $83m (£53.4m) next year in exploration and development work while continuing to reduce its debt levels.

Jordan set to end reliance on Egyptian gas

Jordan is set to move away from Egyptian gas due to the growing unreliability of the country's main energy source, officials say.

Circle Oil: latest updates of Al-Amir and Geyad fields

Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field Water Injection project and the Geyad-4 well (formerly Geyad-D) in the Geyad field.

HSBC Bank Egypt Successfully Closes a USD50 million Finance for IPR Petroleum

HSBC Bank Egypt announced the closing of a USD50 million financing for IPR Petroleum. The facility will be used to refinance existing credit facilities, as well as the development and production of the company's oil and gas assets in Egypt.

Bapetco on the right drilling track

Badr El-Din Petroleum Company drilled a new development well, SD 1-15, in its concession in the Western Desert.

Khalda concludes several drilling operations

Khalda Petroleum Company has been on busy drilling schedule during last month as three new wells, one development and two exploratory ones, were drilled in the context of the company's plan for the fiscal year of 2011/2012.

PetroSilah targets production increase

PetroSilah Petroleum Company drilled a new exploratory well, North East Younes to a total depth of 8600 feet.

Baker Hughes saves Money for Operator in Egypt

After analyzing client data from offset wells, the Baker Hughes drill bit team in Egypt developed a case for a trial run of the Hughes Christensen Quantec PDC bit technology, which resulted in savings of $152,000 on two wells, reported Gulf Oil & Gas News.

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