News / Egypt
HSBC Bank Egypt Successfully Closes a USD50 million Finance for IPR Petroleum
HSBC Bank Egypt announced the closing of a USD50 million financing for IPR Petroleum. The facility will be used to refinance existing credit facilities, as well as the development and production of the company's oil and gas assets in Egypt. Bapetco on the right drilling track
Badr El-Din Petroleum Company drilled a new development well, SD 1-15, in its concession in the Western Desert. Khalda concludes several drilling operations
Khalda Petroleum Company has been on busy drilling schedule during last month as three new wells, one development and two exploratory ones, were drilled in the context of the company's plan for the fiscal year of 2011/2012. PetroSilah targets production increase
PetroSilah Petroleum Company drilled a new exploratory well, North East Younes to a total depth of 8600 feet. Baker Hughes saves Money for Operator in Egypt
After analyzing client data from offset wells, the Baker Hughes drill bit team in Egypt developed a case for a trial run of the Hughes Christensen Quantec PDC bit technology, which resulted in savings of $152,000 on two wells, reported Gulf Oil & Gas News. BP’s controversial gas project delayed by local distrust
A project that could add 22 percent to Egypt's natural gas supply is one year behind schedule because local residents in the town of Idku, east of Alexandria, continue to oppose British Petroleum's (BP) plans to build a processing plant on the town's seashore. Drake & Scull Water and Power to inaugurate first project in Egypt
Drake & Scull Water and Power L.L.C (DSWP), secured a AED 142 million Construction Contract of a Mining Grade Ammonium Nitrate Plant in the province of Ain Sukhna in Egypt. Qarun drilled the KNW-3
Qarun Petroleum Company (QPC) drilled a new development well, KNW-3 in its Karama Development Lease, Abu Gharadiq Basin, Western Desert. 
