News / Egypt

PMS provides offshore platforms to Amapetco and Abu Qir

The Petroleum Marine Services Company (PMS) is installing offshore platforms and pipelines for the Amal Petroleum Company (Amapetco) and Abu Qir Petroleum Company, with total investments of $31 million and $20 million respectively.

Petrobel’s updates in Abu Rudeis

Belayim Petroleum Company (Petrobel) drilled three development wells in the field of Abu Rudeis in North Sinai, in the Gulf of Suez area.

Agiba invests more in the Western Desert

In the context of its fiscal year 2010/2011, Agiba Petroleum Company drills three development wells in its concession area in the Western Desert.

OPEC may hike oil output to ease prices

Major oil cartel OPEC may consider increasing output for the first time in 4 years to ease prices and lessen the drag of high energy costs on global economic growth.

Jordan, Egypt still apart on gas deal

Despite weeks of negotiations, Amman and Cairo have yet to reach an agreement on resuming natural gas supplies to Jordan, a senior energy official has said.

Israel threatens to resort to international arbitration over gas prices

Israel has rejected Egypt's plan to reconsider the price of gas and has threatened to resort to international arbitration, an official source in the Petroleum sector told Ahram Online.

TDW aids Egypt gas line connections

T.D. Williamson SA (TDW) announced that it has completed a subsea hot tap intervention operation to facilitate the successful tie-in of a new gas pipeline to an existing pipeline. The new pipeline forms part of the Burullus Gas Company's West Delta Deep Marine (WDDM) Phase VII development project in the Mediterranean Sea.

Sea Dragon provides an operational update on Egypt

Sea Dragon Energy Inc. is pleased to provide the following update on its operations in Egypt.

BG to Invest $250 Million in Egypt Licenses

BG Group Plc plans to invest $250 million in drilling three exploratory wells in offshore concessions this year and in 2012, Egypt's Petroleum Ministry said in a faxed statement today, citing a company manager.

Jordan commits to better ties with Egypt

King Abdullah of Jordan and Field Marshal Mohamed Tantawi, Chief of Egypt's Ruling Military Council exchanged views to boost bilateral cooperation and other issues of mutual concern between the two countries, in a meeting held in Cairo.

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