News / Egypt
RWE Dea’s Egyptian South Sidi-Ghazy Well Hits Gas
RWE Dea has made a new gas discovery in the Egyptian Nile Delta. In the onshore part of the Disouq concession, the South Sidi-Ghazy 1x-well found the Messinian formation gas bearing for the second time. Egypt fuel subsidies report ignores May energy price hikes
A recent government report ranked Egypt as the ninth fuel subsidies provider in the world, failing however to consider the controversial energy prices hikes implemented last May. TransGlobe acquires additional interest in West Gharib Properties
TransGlobe Energy Corporation is pleased to announce it has completed the acquisition of an additional 25 percent in certain leases on its West Gharib (Arab Republic of Egypt) properties from its partner, a private company registered in Cyprus, for consideration of US$18.0 million adjusted to June 1, 2008. This acquisition brings TransGlobe's holdings to a 100 percent working interest on all nine West Gharib leases. Atwood snags 2 contract commitments for Aurora, Southern Cross
Atwood Oceanics, Inc. announced that the Atwood Aurora, a LeTourneau Super 116E Jackup currently being constructed in Brownsville, Texas by the Company's wholly-owned subsidiary, Atwood Oceanics Pacific Limited, has been awarded a contract by RWE Dea Nile GmbH ("RWE") for work offshore Egypt. GeoGlobal Discloses Exploration Activities in Egypt
GeoGlobal Resources Inc. has disclosed an update of certain of its exploration activities conducted during the quarter ended June 30, 2008 and through August 13, 2008. The Company advised that on August 11, 2008 it filed its quarterly report on Form 10-Q for the period ending June 30, 2008. Egypt to Launch International Auction for Gas, Oil Exploration
Egypt is preparing to launch an international auction for gas and oil exploration projects in seven new areas in the Mediterranean, Cairo-based Al Ahram daily reported. Plexus Snags Contract from Shell Egypt for Wellhead Systems
Plexus Holdings PLC has agreed with Shell Egypt to supply, subject to completion of relevant contract terms, the Company’s proprietary POS-GRIP High Pressure/High Temperature (HP/HT) exploration rental wellhead systems in the Egyptian Eastern Mediterranean Sea. Agrium confirms fertilizer deal with Egypt’s MOPCO
Agrium Inc said Misr Oil Processing Company, S.A.E. of Egypt (MOPCO), will acquire its EAgrium project through a share swap in which EAgrium will become a wholly-owned subsidiary of MOPCO and the shareholders of EAgrium will become shareholders in MOPCO. 
