News / Egypt
A Season of Acquisitions and New Technology at Drexel Egypt
Thirty years of operation has not meant stagnation in Drexel’s product and service lines. Every year, innovative technologies and new brand names are added to the already extensive array of oil and gas provisions offered by Drexel in every area. Fahmy announces new petroleum projects in Al Wadi Al Gadeed, Aswan, and Luxor
Sameh Fahmy, Minister of Petroleum, announced the establishment of three new companies in order to develop the mineral wealth, oil shale, and producing as well as packing drinking water at Al Wadi Al Gadeed, which affords nearly five thousand job opportunities in the governorate. Fahmy: production of GPC oil wells increases by 40%
Eng. Sameh Fahmy, Minister of Petroleum announced that the fields' production of the whole state owned company, the General Petroleum Co. (GPC) was raised by 40% after operating the four wells of AL Hamad field with a production capacity of 13.5 thousand bpd, 30% of the company's current total production. Sinochem says not bidding for Devon’s Egypt assets
China's state-run Sinochem Corp. has decided not to bid for Egyptian oil blocks offered by U.S. firm Devon Energy Corp. Centurion chairman joins Dana Gas Board
Dana Gas PJSC, the first regional private-sector gas company in the Middle East, has announced the appointment of the Chairman of Centurion Energy, Said Arrata, as a member of the Board of Directors of Dana Gas. AlMansoori announces third acquisition in Egypt
Innovative leading oilfield services provider AlMansoori Specialized Engineering (MSE) has signed a multi-million dollar deal to acquire the Tubing Conveyed Perforation (TCP) division of Energy Inc as part of MSE's ambitious plans to build and strengthen its business developments in Egypt. Melrose provides Egyptian operating update
Melrose Resources plc announced that the West Dikirnis No.7 appraisal well was drilled as a step-out well on the northern flank of the West Dikirnis field. Fahmy inaugurates the propylene project in Port Said
Eng. Sameh Fahmy; Minister of Petroleum witnessed the inauguration of the Petrochemical project to produce propylene and polypropylene at Al-Gameel industrial area in Port Said Governorate. 
