News / Egypt
Ghorab: Oil sector investments up to $7bn since the revolution
Petroleum Minister Eng. Abdullah Ghorab stressed the importance of maintaining oil production and attracting more investments as well as signing more agreements to intensify operations of prospecting for oil and gas. RWE to sell Egyptian assets to shore up finances – FT
German utility RWE has earmarked oil and gas assets in Egypt for sale in a bid to shore up its finances as Germany moves to exit nuclear energy, the Financial Times reported. CROSCO Provides Drilling Services For SIPETROL In Egypt
CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the commencement of drilling services for SIPETROL INTERNATIONAL S.A. Egypt Branch. Bapetco deepens operations in Sitra
Badr El-Din Petroleum Company (Bapetco) invested $2.172 million in a drilling activity in the Alam El-Shawish Concession, onshore the Western Desert. Petrodara drills in Hoshia development lease
Dara Petroleum Company (Petrodara), a subsidiary of TransGlobe drilled new development well Hoshia-14, in the Hoshia North field, onshore the Gulf of Suez Basin. Methanex says to shut down Egypt plant
Canada's Methanex Corp, the world's largest methanol supplier, said it will shut down its plant in Egypt due to political unrest in the country, sending its shares down 2 percent. Egypt’s Egas plans gas bids round early 2012 – minister
Egypt's state-owned gas company Egas plans to hold a bidding round for natural gas exploration early next year, the petroleum minister said on Monday. Petrobel leads a busy drilling schedule
Balayim Petroleum Company (Petrobel) is heading further with its 2011/2012 plan by the drilling of two development wells and another exploratory one, in Sinai and the Mediterranean areas respectively. 
