News / Egypt

U.S. military keeps close eye on Egypt, Bahrain

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.

Eng. Mahmoud Latif new Oil Minister

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.

Head of company supplying gas to Israel denies reports he resigned (Update)

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.

RWE Dea Nile force majeure ends

Atwood Oceanics said its Egypt-based customer has ended force majeure on the US contract driller's rig operating in the Mediterranean Sea.

EMG President resigns

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 to boost production

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.

Sipetrol generates more investments into the Egyptian sector

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.

GEMPETCO regains production capacity

Gemsa Petroleum Company (GEMPETCO) succeeded to retain its production capacity back to 500 barrels after a four-year shortage.

Zaafarana is back to the old field

Zaafarana Oil Company (ZAFCO) prevailed the approval of Egyptian General Petroleum Corporation (EGPC) to go back to the old exploratory field of HB 77-4 in its acquisition area in Gulf of Suez through the current drilling plan of 2010-2011.

Iran warships enter Suez Canal, Egypt’s state-run MENA says

Two Iranian warships have begun crossing the Suez Canal as Israel stressed its objection to their planned voyage to Syria.

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