News / Egypt
BP Starts Production From Saqqara
BP Egypt, on behalf of its joint venture partners in the Gulf of Suez Petroleum Company (GUPCO), announced today that oil production from the Saqqara field has started. Beach Petroleum acquires interest in Gulf of Suez concession
Beach Petroleum reports that it has entered into an agreement with Santos Egypt Pty Ltd under which, subject to waiver of pre-emptive rights by the Egyptian General Petroleum Corporation and the approval of the Government of the Arab Republic of Egypt, Beach will acquire, via a farmin arrangement, a 20% interest in the South East July concession, in the Gulf of Suez, offshore Egypt. Dana Petroleum bags new Egyptian deal
UK independent Dana Petroleum is set expand its portfolio in Egypt after signing a deal with Santos to buy a 40% interest in the South East July production sharing contract that lies in the Gulf of Suez off Egypt. Anniversary: 25 years’ crude oil production from Ras Budran
The crude oil reservoir Ras Budran is located in the Gulf of Suez, four kilometres off the coast of Sinai, and was discovered in the mid-1970s. To develop the field, SUCO was founded as a joint venture between RWE Dea as operator and the Egyptian General Petroleum Corporation (EGPC). Dana Gas Receives Award for Egypt Operations
Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has been awarded "Best New Concept" for the Al-Baraka well in Southern Egypt's Komombo concession by the Egyptian Petroleum Exploration Society (EPEX) at its 2007 Best Achievements Awards Ceremony. Scan primed for Egypt shoot
Norway's Scan Geophysical has confirmed it is set to carry out a 4000 line kilometre 2D survey off Egypt for US player Hess. Dover Sells East Wadi Araba Concessions
Dover Petroleum Corp. announced that the company has signed an agreement of purchase and sale and a related share exchange agreement with Sea Dragon Energy Inc. and Egypt Oil Holdings Ltd. Gas and Condensate discovery for RWE Dea in Egypt
RWE Dea has discovered gas and condensate in the Disouq Concession – Onshore Nile Delta. The North Sidi Ghazi-1x well encountered a gas bearing sandstone interval of 42 m column within the Upper Messinian reservoir sands. Formation evaluation confirmed the encountered section to be Gas bearing with average porosity of 20 percent. 
