News / Egypt
Eni Committed to Spend $1.5B in 5 Years in Egypt Deal
Eni CEO, Paolo Scaroni, and Egypt's Minister of Petroleum, Amin Sameh Samir Fahmy, announced new initiatives creating a new framework for co-operation between the two parties. These initiatives will enable Eni and Egypt's Ministry of Petroleum to broaden and enhance their mutual co-operation aimed at developing hydrocarbon reserves in the Country and start joint activities for the training of personnel. Dana Gas production in Egypt climbs 20% as newly discovered fields are coming on stream
Dana Gas, the Middle East's first and largest regional private sector natural gas company, has increased production through its El Wastani gas plant in the Nile Delta region of Egypt to 170 million standard cubic feet of gas per day (MMscfpd) having successfully brought the El Basant field on stream on 31st March 2009. Total production in Egypt is now running at 35,000 barrels of oil equivalent per day (boepd), a 20% increase on the average rate achieved during 2008. Apache drills Three Oil and Gas discoveries in Egypt’s Western Desert
Apache Corporation reported two new Jurassic oil and gas field discoveries in the Faghur Basin play in the extreme southwest part of Egypt's Western Desert producing complex and the first discovery in the North Tarek Concession along the Mediterranean coast. Will Fajr accept the gas price amendment?
The Egyptian Government is holding vigorous negotiations with the Jordanian-Egyptian Fajr Co. to amend the price of Egyptian gas delivered to Jordan, said a top official to Egypt Oil & Gas. Egypt’s NDP presents a working paper to get out of the economic crisis
The Energy Committee of the National Democratic Party (NDP) is to present a working paper for the Policies Committee of the NDP analyzing means to get out of the current economic crisis which struck since last September and to avoid the implications of the post-crisis which is expected to end in 2011-2012. Kuwait Energy finds Black Gold in Egypt’s Western Desert
The Kuwait News Agency (KUNA) reported that Kuwait Energy Company, one of the largest independent E&P companies in the Middle East, has announced a new oil discovery in the East Ras Qattara (ERQ) Field, located in Egypt's Western Desert. The company estimates a daily production capacity of 5,285 barrels of oil and unproven reserves of 3.460 million barrels. Dana Gas announces first gas production from Al Basant discovery and its first horizontal well El Wastani East in Egypt.
Dana Gas, the Middle East's first and largest regional private sector natural gas company, is pleased to announce that it had started its first production from the recent gas & condensate Al Basant discovery in the West Manzala Concession in the Nile Delta region of Egyptian March 31st, 2009. Edison: A new hydrocarbon discovery in The Abu Qir concession in Egypt
The new Abuqir Petroleum Company - established in January 15, 2009 between EGPC, Egyptian General Petroleum Corporation (50%) and Edison (50%) - made a new hydrocarbon discovery in the Abu Qir concession after drilling a new well – the NAQ PII-2 – at a depth of 3,750 meters offshore Alexandria, in Egypt. 
