News / Egypt
Shared rig for Petzed and Sipetrol
Coordination is underway between Petzed and Enap Sipetrol to hire a drilling rig in their side-by-side concession areas located in El Romana in North Sinai. The shared rig will be 1500hp. Eshpetco is in need of a 1500hp rig
Egypt Oil & Gas learned that Esh El Mallaha Petroleum Company (Eshpetco) asked the Egyptian General Petroleum Corporation (EGPC) for lending it a rig from one of the other sister companies which is close to its concession area or even through issuing a bid round. TransGlobe to hire 1500hp rig
Egypt Oil & Gas learned that TransGlobe Energy Corporation is about to issue a bid round to hire a drilling 1500hp rig. The International oil and gas explorer will use the rig in drilling within its concession area in El-Nokkra in order to accomplish its drilling plan. EDC buys Mubarak-4 and Mubarak-5 oil rigs
Egypt Oil & Gas knew about a deal finalized between the Egyptian Drilling Company (EDC) and the Egyptian-Chinese Petroleum Co for Manufacturing Drilling Rigs. Aegean Energy and Groundstar Resources revised sale agreement terms for the West Kom Ombo block
Aegean Energy and Groundstar Resources carried out a technical review of the seismic data over the West Kom Ombo Block to extensively evaluate the potential of the 31,500 square kilometer Block, seismic data acquisitions will take place in the current exploration phase until September 16th of 2011. Gempetco to drill 3 new wells
GEMSA Petroleum Company (GEMPETCO) is studying the possibility of renting a new rig to start initiating its drilling plan for this year in the Gemsa oilfield in its acquisition area in the Gulf of Suez. Zafrana to add three new wells to the drilling plan
Zafrana Oil Co. is planning to attach two new exploratory wells to the drilling plan in its acquisition area of Rodis in the North of Gulf of Suez and another development well. PetroShahd announces the new plan for production
Egypt Oil and Gas newspaper (EOG) learned that PetroShahd Company submitted its production plan of crude oil for the fiscal year 2010-2011, in its acquisition area in the Western Desert. It also aims to boost its crude oil output of 6000 barrels. 
