News / Egypt

NW Tanan-1 well in Egypt is spudded

Aminex PLC (“Aminex”) announces the spudding of the second exploration well in its drilling programme on the West Esh El Mellaha (“WEEM-2”) concession in the onshore Gulf of Suez region, Egypt.

Edison and BG ‘on Abu Qir inside track’

Italy's power group Edison and Britain's BG are the main competitors for a stake in Egypt's Abu Quir gas field and bidding results will be announced soon, Egyptian Oil Minister Sameh Fahmy has said.

KS Medstar-1 Commences Operations for Petrobel

KS Energy has taken delivery of KS Medstar-1 and the rig began its contract with Belayim Petroleum Company ("Petrobel"), on April 11, 2008 in the Mediterranean Sea. Petrobel is a joint venture between the Egyptian General Petroleum Corporation and Agip/ENI, the petroleum company of Italy.

Groundstar Provides Update on Egypt and Guyana Prospects

Groundstar Resources Limited ("Groundstar" or the "Company") holds a 20% working interest in the onshore West Esh El Mallaha (WEEM) Block located within the prolific oil producing Gulf of Suez Basin.

Aminex Plc announces its Malak-1 well Result, Egypt

Aminex PLC (“Aminex”), the oil and gas company listed in London and Dublin, announces the result of the Malak-1 exploration well in Egypt.

Eni signs Memorandum of Understanding in the Egyptian power plant sector

The application of technologies envisaged by the MoU will lead to energy savings of more than 20% (in terms of non-consumed natural gas) and bring significant environmental benefits.

Dana sharpens Egypt bits

United Arab Emirates-based Dana Gas said it planned to step up drilling in Egypt this year, aiming to double its natural gas reserves in the country.

Dana Gas to Drill 19 New Wells in Egypt

Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has announced that it is executing an aggressive exploration and development programme for its Egypt assets in 2008.

RWE Dea Starts Offshore Gas Field Development in North Idku

RWE Dea AG announced that a long term gas sales agreementhas been concluded with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) for delivering gas to the Egyptian market from its North Idku offshore concession located in the Nile Delta, Egypt.

Egypt Offering 12 Exploration Blocks in 2008 First-Round Bid

Twelve oil and gas exploration blocks will be offered by Egypt's state-owned Ganoub El Wadi Holding Petroleum Company in the International 2008 Bid Round I.

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