News / Egypt
Edison: A new hydrocarbon discovery in The Abu Qir concession in Egypt
The new Abuqir Petroleum Company - established in January 15, 2009 between EGPC, Egyptian General Petroleum Corporation (50%) and Edison (50%) - made a new hydrocarbon discovery in the Abu Qir concession after drilling a new well – the NAQ PII-2 – at a depth of 3,750 meters offshore Alexandria, in Egypt. Dana Accelerates Exploration Drilling Program in Egypt, Norway
Dana Petroleum has provided an operational update on its 2009 exploration drilling program in Egypt and Norway. Dana Gas board reviews progress of new discoveries, approves five-year growth plan
Dana Gas PJSC, the Middle East's first and largest regional private-sector natural gas company, announced that its board of directors has approved a five-year growth plan for the company on the heels of new discoveries in its Egyptian concessions, and a 50 per cent increase in operated gas production in Egypt and the Kurdistan region of Iraq. Saipem charters Scarabeo 6 Semisub for operations in Egyptian Waters
Saipem has been awarded a new contract worth approximately US $400 million for the charter of offshore drilling rig Scarabeo 6. Egypt’s oil production booms to 1.8 million bpd
Egypt's total production of crude oil, condensates and natural gas has increased to 1.8 million equivalent barrels per day in 2008/2009 compared to 690 barrels per day in 1981/1982, Minister of Petroleum Eng. Sameh Fahmy said. Administrative Court Upholds Ruling Stopping Gas Export to Israel
The Administrative Supreme Court's State Commissioners Body has upheld the Administrative Judiciary Court's previous ruling canceling the government's decision to export the Egyptian "subsidized" natural gas to a number of foreign countries, including Israel. Transocean cold stacks rig after Petrobel termination
Petrobel, an Egyptian oil company jointly owned by the Egyptian General Petroleum Corp. and Eni, has terminated its contract for Transocean jackup GSF Key Singapore. Transocean is challenging the validity of this termination. Vegas O&G, Circle Oil start up oil production in Egypt
Circle Oil has announced its first oil production in Egypt. Having obtained the necessary agreements from the Egyptian General Petroleum Corporation (EGPC) and completed the required production engineering facilities, initial production commenced in the Al Amir Development Lease area in the NW Gemsa Permit in the last few days. 
