News / Egypt
Fahmy: third phase of the Upper Egypt Gas Pipeline to be finalized in October
The Upper Egypt Gas Pipeline has witnessed a high work progress rate as 75% of the project has been executed, and is expected to be completed by the end of next October, announced Eng. Sameh Fahmy, the Egyptian Minister of Petroleum. A consortium of banks to finance new petrochemical projects in Egypt
Foreign and Egyptian banks in Egypt are becoming active partners in the field of oil and petrochemical industries thanks to the high profitability and economic viability of these projects. Egypt, Canada to establish a $1.5 billion petrochemical project
The Egyptian Minister of Petroleum Eng. Sameh Fahmy witnessed the signing of a financing agreement in which Egyptian banks participate with nearly $380 million loan in the establishment of the $950 million Egyptian Agrium Company for Nitrogenous Products. Petzed announces a new oil discovery in South Abou Zeneima
Petzed, a fully owned subsidiary of National Petroleum Company (NPC), achieved a new commercial oil discovery in South Abou Zeneima, announced the Egyptian Ministry of Petroleum in a statement. Regal Petroleum announced its Operational Update in Egypt
Regal Petroleum announces that Apache East Ras Budran Corp. LDC as operator of the East Ras Budran Concession in Egypt has spudded exploration well ERB-A-1X. Melrose Resources provides Egyptian drilling update
Melrose provides update of the results of its continuing drilling program in Egypt. The West Dikirnis No.9 has been drilled as a development well in the western part of the field. PGNiG wins the bid for Egypt’s Bahariya exploration concession
PGNiG SA was informed that the bid submitted by the company for exploration on Bahariya 3 Block in Egypt was accepted by Egyptian General Petroleum Corporation. It was the first bidding round for exploration concessions in Egypt in which PGNiG submitted its bid. Dana Gas announces new gas discovery in Egypt
Dana Gas, the Middle East private-sector natural gas company, has announced a new gas and condensate discovery from its El Wastani West-2 well (EWW-2). 
