Apache | Egypt Oil & Gas - Part 6

Apache to Drill 20 Gas Wells

US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas.

Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m

Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.

Apache to Invest $909m in Egypt

US Apache will invest $908.9m in drilling 97 new wells in Egypt's Western Desert during fiscal year 2016/2017.

Egypt’s PM Talks Expansion Plans with Apache

Egyptian Prime Minister, Sherif Ismail, met with the US oil and gas producer, Apache Corporation, to discuss the company’s plans to inject investments in Egypt during the coming period on new explorations.

Shell, Apache to Complete Apollonia Field Tests by June

Royal Dutch Shell will partner up with the American corporation Apache in the Apollonia field in the Western Desert to complete the initial tests required for gas production by end June.

Shell, Apache Agree on Higher Gas Price

Shell and Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia field in the Western Desert. The new agreement decided on is for the price of $4.6 per 1m therm ...

Apache North Sea Awards Subsea 7 Contract Offshore UK

Apache North Sea has awarded Subsea 7 a sizeable engineering, procurement, installation, and commissioning (EPIC) contract for the Callater field development, located 335 km northeast of Aberdeen, Scotland.

Oil Minister: Apache to Invest $1b in Egypt in FY 2016-17

Apache Corporation has allocated $1b in new investments in Egypt in its FY2016-17 budget, Oil Minister Tarek El Molla announced, following a meeting with Apache CEO, John Christmann, in Cairo.

ISIS Leader Linked to Death of Apache Employee

The Egyptian government announced on November 9th that Ashraf Ali Ali Hassanein al Gharabli, a leader of the Sinai branch of ISIS, was killed by police during a firefight in Cairo’s El Marg district.

Apache Narrowly Escapes Takeover Bid

Oil and gas company Apache Corp has rejected a takeover approach from an unidentified party.

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