News / Egypt
Egypt Kuwait Hldg says makes major oil discovery
CAIRO, Feb 3 (Reuters) - Egypt Kuwait Holding 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. Dana Gas opens its wallet
Abu Dhabi-listed Dana Gas said it plans to invest about $500 million in Egypt and Iraq's Kurdistan region this year to boost output of natural gas, adding that it is looking to enter Algeria. Aminex to Begin Drilling in the Suez
Aminex PLC announces progress on its Egyptian exploration license, West esh el Mellaha Block 2 (WEEM). A new 2000 HP drilling rig (Rig ZJ-46) built in China was successfully delivered to the Gulf of Suez in mid-January. This rig is contracted for 18 months on a shared "call-out" basis for the WEEM group and other operators. Oil Search toasts Egypt flows
Port Moresby-based Oil Search said production had started at its Shahd and Ghard fields on the East Ras Qattara Block in Egypt. Circle closes Gemsa farm-in
London-listed Circle Oil has farmed into a 40% stake in Egypt’s North-West Gemsa Block under a deal with local company Vegas Oil & Gas. The concession covers 400 square kilometres about 300 kilometres south-east of Cairo in the Suez basin. Discoveries in Australia, Egypt launch Apache’s 2008 exploration program
The Hydra-1X exploration well in Egypt's Western Desert test-flowed 41.6 million cubic feet (MMcf) of natural gas and 1,313 barrels of condensate per day from the Jurassic Lower Safa formation. Groundstar Breaks Ground in Egypt for First Exploratory Drilling
Groundstar Resources reports that a new 2000 HP drilling rig (Rig # ZJ-46) built in China was delivered to the Gulf of Suez in mid-January. This rig is on an 18-month contract for WEEM and West Kom Ombo Blocks on a call out basis. 
