EPEDECO, the foreign partner of West Bakr Petroleum Company, bough a new Workover machine to isolate the water layers from the crude oil layers in the explored wells of the company
Premier Oil Plc, the U.K. crude and natural gas explorer focusing on Vietnam and Indonesia, will join Hess Corp. in exploring the North Red Sea off Egypt.
Groundstar Resources Limited announced that the Egyptian Ministry of Petroleum has approved the deed of assignment which transfers a 60% net interest in the West Kom Ombo block to Aegean Energy.
Apache Corporation announced that a subsidiary has completed its acquisition of BP's oil and gas operations, acreage and infrastructure in Egypt's Western Desert. The transaction marks the final step in Apache's previously announced three-part acquisition of BP assets.
Egyptian Minister of Petroleum Sameh Fahmy visited Iraq with a high-ranking delegation within the framework of cooperation between the two countries in the fields of oil and gas.
El Hamra Oil Company revealed that it started to implement the development plan for the current fiscal year of 2010-2011. The plan includes developing six wells in the company's field in El Alamein.
The Egyptian General Petroleum Corporation (EGPC) finalized the procedures of launching the joint firm with Naftogaz of Ukraine, after the late discovery it made in Abo Senan in the Western Desert.
Ganoub El Wadi Petroleum Holding Company (Ganope) invited the qualified international petroleum exploration companies to participate in the bid round for seven exploration blocks in Eastern and Western Deserts.