News / Egypt
Regal Spuds Third Exploration Well in Egypt
Regal Petroleum announced that Apache East Ras Budran Corp. LDC, as operator of the East Ras Budran Concession in Egypt, has spudded the ERB-B-2X well, which is the third exploration well on the Concession. Oil Search plugs Egypt duster
Port Moresby-based explorer Oil Search has plugged and abandoned its South Gharib-X1 well after failing to find either of its objectives. Oil Search said it had also struggled with poor hole conditions during drilling. Exploration Opportunity Opens Up in the Gulf of Suez Offshore Egypt
IndigoPool reports that it has a client that is inviting companies to participate in an offshore exploration program in the Gulf of Suez. TransGlobe Adds 900+ bbl/d After Acquiring GHP Exploration
TransGlobe Energy Corporation reported the closing of the acquisition of privately-held GHP Exploration which holds a 30% interest in the West Gharib Concession area in the Arab Republic of Egypt. The West Gharib Concession consists of eight development leases and associated infrastructure located onshore Gulf of Suez. 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. 
