News / Egypt
Dana Petroleum: close to a new find
Dana Petroleum prepares to unfold a new commercial discovery in the North Gebel El-Zeit block, in the Eastern Desert. Petrogulf expands its Gebel El Zeit investments
''We are preparing to drill three exploratory wells and another for development in Gebel El Zeit, with estimate investments of $25 million,'' AlShenawy Badr, Drilling Operation Manager at Petrogulf Misr, told Egypt Oil & Gas newspaper (EOG Less traffic of oil & gas tankers in the Suez Canal
The traffic of oil and gas tankers passing through the Suez Canal in April have dropped, compared to the previous number recorded in March, said officials at the Suez Canal Authority. Fahmy: $7.4 billion Egyptian Gas investments
''The Egyptian service companies' total volume of investments reached up to $7.4 billion, thanks to recent contracts signed to hold operations in 14 different countries,'' announced Eng. Sameh Fahmy, the Egyptian Minister of Petroleum. Egypt eyes more BP investments
"The government aims a stimulating BP into more drilling and exploration activities", Dr. Ramadan Abul Ella, Head of Petroleum Department at Suez Canal University told Al Youm Al Sabea newspaper, commenting on the Ministry's new agreement with BP. Sea Dragon spuds Al Baraka #6 Well, Kom Ombo
Sea Dragon Energy Inc. announced that it has spudded Al Baraka #6 well in the Al Baraka Field, Kom Ombo Concession, Egypt. Aegean Energy Farms In to 2nd Exploration License in Egypt
Aegean Energy, the only operator of Oil and Gas in Greece; after obtaining its first international exploration license in Egypt in December 2009 (East Magawish Block in the Gulf of Suez); is pleased to announce a farm in agreement with Groundstar Resources Egypt (Barbados) Limited for a 70% working interest and operatorship of the West Kom Ombo (WKO) Block, located in South Central Dessert of Upper Egypt approximately 100km west of Aswan. Petrojet: first project in Emirates
Eng Sameh Fahmy, the Minister of Petroleum, announced that the ministry is doing its best to give the support to the Egyptian companies in conduct projects outside Egypt. 
