News / Egypt
Rashid: Four year of drilling activities
"We are preparing to implement our drilling plan in the deep water in the Mediterranean," said Eng. Taher Abdu Al Rihim, Operation Manager in Rashid Petroleum Company (Rashpetco). Kuwait Energy discovers seventh oilfield in Egypt
The Kuwait Energy Company announced a new discovery in Ras Qattarah block in the Egyptian Western desert. The find is considered the seventh for the company. Egypt to build $2 billion oil refinery
Egypt announced that it's planning to build an oil refinery with Chinese investment estimated by $2 billion to supply the domestic market as well as export to China, according to the Egyptian Ministry of Petroleum's release to state news agency Mena. INA to drill two wells in Western Desert
INA - Industrija nafte, the national oil company of Croatia, is preparing to drill two new wells in its acquisition area in Western Desert. The drilling will be 5000 meters depth after the company updated its geological research and reached new data that will help in operations. EDC to buy a new rig
The Egyptian Drilling Company (EDC) bought a brand new offshore rig, which is one of the latest offshore rigs in the drilling market. EDC said it will use this rig to begin working and developing in Qatar early next month. AOC testing NWO-2 well
The Arabian Oil Company (AOC) is currently testing the productivity of the Northwest October-2 (NWO-2) well in the northern Gulf of Suez. The primal results indicate promising figures of oil and gas, which confirms the reserves estimated earlier at the Northwest October-1 (NWO-1) well. North Sinai and Petrojet to join forces
North Sinai Co. For Petroleum - Nospco is in the second stage of development process of the North Sinai fields to maintain its gas production at a level of 180 million cubic feet. North Sinai Company to drill two new wells
Egypt Oil & Gas newspaper (EOG) learned that North Sinai Co. For Petroleum - Nospco investments in the Mediterranean reached $ 400 million after drilling four wells Tao-1, 2, 3 and 4. The four wells are producing 180 million cubic feet of gas since the developing operations ended. 
