Russia's No.2 oil producer, LUKOIL, hasn't decreased oil output in Egypt despite political unrest in the country, the company's head told reporters on Friday.
BGP is conducting a very complex 2D TZ seismic survey in the Red Sea. The complicated terrains include populous city and town, muddy beach, shallow water island, coral reef, offshore ports, and areas near offshore oilfield infrastructure.
Protesters throughout the Middle East and northern Africa are pressing their governments for reforms. But the U.S. military is keeping an especially close watch on two countries: Egypt and Bahrain.
Egypt's military rulers swore in a new Cabinet on Tuesday. Energy veteran Eng. Mahmoud Latif, formerly known as the head of the Egyptian Natural Gas Holding Company (EGAS), became the new Petroleum Minister.
Mohamed Ibrahim Tawilla, head of the East Mediterranean Gas Company (EMG), which supplies natural gas from Egypt to Israel, denied rumors that he had resigned from the company.
Mohamed Ibrahim Tawila, president of Egyptian energy company Eastern Mediterranean Gas (EMG), best known for its controversial gas export deals with Israel, has resigned following Egypt's 25 January uprising.
El Waha Petroleum Company (OWAPCO) is currently studying the feasibility to repair some development wells, located in the company's concession area in West Qarun.
PetroShahd added up some modifications to the company's 2010-2011 plan in order to keep the volume of its investments in Egypt intact after the political instabilities that the country are going through.