News / Egypt

Groundstar Resources Commences Drilling of Malak #1

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.

AMINEX Drilling update: two new wells spudded in Egypt and Tanzania

Aminex PLC (“Aminex” or the “Company”) announces that two further wells in its current programme have been spudded over the last three days.

Egypt-Syria gas link nears completion

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.

Oil Search cuts Salma-1 losses

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 Spuds Third Exploration Well in Egypt

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.

Oil Search plugs Egypt duster

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.

Exploration Opportunity Opens Up in the Gulf of Suez Offshore Egypt

IndigoPool reports that it has a client that is inviting companies to participate in an offshore exploration program in the Gulf of Suez.

TransGlobe Adds 900+ bbl/d After Acquiring GHP Exploration

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.

Egypt Kuwait Hldg says makes major oil discovery

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 launches its 2008 series of discoveries in Egypt

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.

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