News / Egypt
Kuwait Energy strikes in Egypt
Privately-held Kuwait Energy Company has struck oil at the Al Zahraa oilfield in Egypt. Aminex spuds South Malak-1 well in Egypt
Aminex has announced the spudding of the South Malak-1 well on its West Esh el Mellaha ('WEEM-2') permit in the onshore Gulf of Suez area of Egypt. The well should take around three weeks to drill. Egypt signs 6 oil, gas agreements at $2.3 bln
Egypt signed six oil and natural gas exploration agreements with Egyptian and international companies, the Ministry of Petroleum said. Sequoia subsea development delivers new gas production ahead of schedule
BG Egypt announced the delivery of first gas on 08 August 2009 from the Sequoia subsea development located 90 kilometres offshore Egypt in the Mediterranean Sea. Straddling both the West Delta Deep Marine (WDDM) and Rosetta concessions, the Sequoia unitised development which represents a gross US$1 billion investment, has been delivered ahead of schedule and under budget. Maridive’s net profit up 67 pct
Maridive & Oil Services posted a net profit of $26.5 million during the second quarter of 2009, a 67.4 percent year-on-year growth from $15.8 million. Dana Gas adds estimated 76 billion cubic feet to Egypt reserves with latest discoveries
Dana Gas, the Middle East’s first and largest private sector natural gas company, has announced two more gas discoveries at its concessions in the Egyptian Nile Delta: Sharabas-1 and Sama-1. These are the latest in a string of discoveries resulting from the company’s aggressive drilling campaign in Egypt, which began in 2008. Apache announces latest drilling successes in Egypt’s Western Desert
Apache Corporation reported the latest in a series of new field discoveries in the Matruh Concession of Egypt's Western Desert as well as an appraisal well that extended the known pay area of two reservoirs in the Shushan Concession. Edison weighs Abu Qir sale
Italian power company Edison plans to sell a 25% stake in the Abu Qir field in Egypt by early next year, company boss Umberto Quadrino told reporters. 
