News / Egypt

Petrozeit: new exploration activity in Gebel El Zeit

Egypt Oil & Gas learned that Petrozeit Petroleum Company is planning to drill for a new exploratory well in its acquisition area in Gebel El Zeit. Drilling will start during this year.

Egypt Taqa Arabia plans to go public

Egypt's energy services provider Taqa Arabia is considering eight natural gas and power generation projects and plans a public offering on the stock market after it secures one of these projects, Al Bayan daily reports citing a company official.

Conference: the role of banks to boost the Egyptian economy

The Sixth International conference "People and Banks 2010" will be held in Egypt in April, Under the supervision of Dr. Farouk El Okda, Governor of the Central Bank of Egypt.

Egypt: to secure $430 million loan for wind farm

The state news agency MENA reported that Egypt is set to secure a $430 million loan from Japan to fund a 220-megawatt wind farm as it tries to boost its renewable energy output.

Sea Dragon announces the successful production testing of Al-Amir SE-5 Appraisal Well

Sea Dragon Energy Inc. is pleased to announce that the Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt.

EGPC signing a new loan

The Egyptian General Petroleum Corporation (EGPC) announced that it inked a 2 billion Egyptian pounds loan with 17 public and private banks, aiming to fund its own ongoing operations.

Siemens sponsors Enppi football club

Siemens announced yesterday in a press conference held at Fairmont Towers Heliopolis the sponsorship signature of Enppi football club.

Egypt strike for Kuwait Energy

Kuwait Energy announced that it discovered a new oilfield in the Egyptian western desert, Borg El Arab field is considered the company's fifth consecutive discovery since last year.

Sameh Fahmy: more investments in Tharwa, Tharwa-Breda and OGS

Eng. Sameh Fahmy, the minister of petroleum, stressed on the importance of the continuous work to increase the financial profit from oil resources industry, and he encouraged the Egyptian companies to invest more in the search and exploration for oil and gas

Sea Dragon announces the signing of an Alliance Agreement with Tanmia Petroleum Company.

Sea Dragon Energy Inc. is pleased to announce it has entered into an Alliance Agreement with Tanmia Petroleum Company (TPC), an company incorporated in Egypt and owned one hundred percent by the Egyptian General Petroleum Corporation (EGPC).

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