News / Egypt
Pharaonic intensify the Port Said drilling
Pharaonic Petroleum Company is preparing to drill an exploratory well in its concession area of Port Said during the middle of the current year of 2011, according to the company's drilling plan. PetorAmir reserves to rise
PetroAmir reserves reached 30 million barrels of crude oil and 30 billion cubic feet of gas, revealed top official to Egypt Oil & Gas Newspaper. Abu Qir raises production levels
Abu Qir Petroleum Company is currently preparing to finalize the second stage of North Abu Qir-3 field (NAQP_II) in the company acquisition area in the Mediterranean Sea. Tanmia and Naftogaz into more success
Tanmia Petroleum Company is currently working on expanding its operations in the petroleum services sector, especially in the early production process and also the its constant eager to provide latest rigs for the Egyptian market. Report: Egypt could increase gas export by 27%
Egypt has a great potential for exporting gas and could increase its production up to 27.66 percent over the next 10 years, said a report by the Business Monitor International. PTTEP quits Egyptian well
Thai oil company PTTEP has withdrawn its 30% interest in the Sidi Abd El Rahman Offshore Project in Egypt, the company has announced. Agiba deepens in the Western Desert
Agiba Petroleum Company is reaching the final phase of drilling four new exploratory wells in the company's concession area in the Western Desert, according to its drilling plan of the fiscal year of 2010-2011. Transglobe acquires assets in Egypt
TransGlobe West Bakr Inc (TGWB), a wholly owned subsidiary of TransGlobe Energy Corporation, has entered into a Sale and Purchase Agreement (SPA) to acquire all the Egyptian assets of The Egyptian Petroleum Development Co. Ltd. (of Japan) (EPEDECO) for $60 million plus or minus adjustments. 
