News / Egypt

Novatek Acquires 50% in the El-Arish Block Offshore Egypt

OAO Novatek has acquired a 50% working interest in the concession agreement for oil and gas exploration and development at the El-Arish offshore block in Egypt from Tharwa Petroleum S.A.E. Tharwa Petroleum S.A.E. holds the remaining 50% working interest.

TransGlobe saddles up in Egypt

Calgary-based TransGlobe Energy has wrapped up its deal to buy eight development leases in Egypt’s West Gharib concession for $59 million in cash, it said.

PTTEP Ready to Begin Egyptian Exploration Program

PTT Exploration and Production Public Company Limited and its joint venture partners have recently signed Concession Agreements for two exploration blocks with the Government of the Arab Republic of Egypt.

Tanganyika Closes Sale of Egyptian Assets

Tanganyika Oil has completed the previously announced sale of its interests in the West Gharib concession area in Egypt to TransGlobe Energy. TransGlobe is a publicly traded oil and gas company listed on the TSX (TGL) and AMEX (TGA).

Egyptian Ministry of Petroleum trains young cadres

The Oil and Gas Skills Company celebrated the graduation of the first group of petroleum engineers from Colorado University in the United States.

Regal Petroleum: Erb-A-1x Well In Egypt Produced 1,910B/D

Regal Petroleum Monday announce that a successful well test has been conducted in the ERB-A-1X well operated by Apache East Ras Budran Corp in the East Ras Budran (ERB) Concession in which Regal holds a 25% working interest.

Suez duster for Sea Dragon

Sea Dragon Energy’s EWA-4X well in the Gulf of Suez in Egypt is to be plugged and abandoned after failing to find substantial hydrocarbon deposits, Canadian operator Dover Investments said.

Lukoil Discovers Oil at Meleiha Block in Egypt

An exploration well drilled by Agiba on the Meleiha Block (Western Desert, Egypt) has discovered commercial hydrocarbon reserves on the Gawaher structure, which was prepared for drilling with 3D seismic survey.

Egypt partners spud fourth well

Australia-listed Oil Search said its joint venture partner Sipetrol had started drilling at the Raheek-1 exploration well in the East Ras Qattara block in the Western Desert of Egypt.

Groundstar Resources Says Drilling at WEEM Block to Begin in November

The operator of the block, Aminex Egypt, has advised Groundstar that a brand new drilling rig is available to drill two wells back to back on the WEEM block beginning in mid November 2007.

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