Groundstar Resources Limited is pleased to provide the following operational update for its West Esh El Mallaha (WEEM) Block (non-operated, 20% working interest, 1,328 square kilometers) in Egypt.
Commercial volumes of gas will start flowing from Egypt to Syria in August through an Arab gas pipeline that is near completion, regional energy officials said.
Port Moresby-based Oil Search and its partners have decided to plug and abandon the Salma-1 sidetrack in Egypt after being forced to cut the drill string after piping again became stuck.
Regal Petroleum announced that Apache East Ras Budran Corp. LDC, as operator of the East Ras Budran Concession in Egypt, has spudded the ERB-B-2X well, which is the third exploration well on the Concession.
Port Moresby-based explorer Oil Search has plugged and abandoned its South Gharib-X1 well after failing to find either of its objectives.
Oil Search said it had also struggled with poor hole conditions during drilling.
TransGlobe Energy Corporation reported the closing of the acquisition of privately-held GHP Exploration which holds a 30% interest in the West Gharib Concession area in the Arab Republic of Egypt. The West Gharib Concession consists of eight development leases and associated infrastructure located onshore Gulf of Suez.
CAIRO, Feb 3 (Reuters) - Egypt Kuwait Holding said on Sunday one of its affiliates made a significant oil discovery in Egypt in the North Shadwan Concession located in the Gulf of Suez.
BP Egypt announced two significant achievements in the Egyptian territories; it has made a significant gas discovery at record depths in the Nile Delta and successfully hit an important crude oil discovery in the North Shadwan concession in the southern part of the Gulf of Suez.