News / Egypt
BP added to North Shadwan payload
Beach Petroleum Limited, an oil and gas exploration and production company, announced that its project partner BP confirmed a gross oil-bearing column of 107 meters in the North Shadwan 377-5 well on the Gulf of Suez in Egypt. EGAS Awards Four Mediterranean Blocks in Mediterranean
The Egyptian Natural Gas Holding Company (EGAS) announced the results of its licensing round for gas-prone Mediterranean offshore acreage which is considered a sign of the growing interest in Egypt’s upstream potential. Sameh Fahmy: 25 billion dollars exploration investments
Eng. Sameh Fahmy, the minister of petroleum announced that the government will increase investments in oil exploration in the next ten years to reach up to $ 25 billion, in addition to attracting more foreign investments to the local market. GDF and Dana Petroleum’s new Gas discovery
GDF Suez (Gaz de France) announced the Papyrus-1X well gas exploration, located offshore Nile Delta in west El Burullus concession. Melrose discovers gas reserves of 30 Bcfe onshore Egypt
Melrose Resources plc, the oil and gas exploration and production company, is pleased to announce a new exploration discovery and commencement of seismic data acquisition in Egypt. Sea Dragon Energy Inc. announces a significant increase in its oil production
Sea Dragon Energy Inc. is pleased to announce that its current working interest share of production from the N.W. Gemsa and Kom Ombo Concessions has now reached 1,475 bopd. Maridive to expand fleet, invest in Cameroon
Managing Director of Egypt's Maridive & Oil Services, Issa Eleish announced that the company is planning to spend $200 million to expand its fleet of vessels and take advantage of the rise in oilfield services demand. Japan’s AOC delays start of Egypt oil output to 2012
AOC, Japan's Arabian Oil Company, announced its second delay for crude oil production from Egypt's offshore Northwest October block in the northern Gulf of Suez. 
