Egypt

Naftogaz to pull 600,000 barrels of crude from Egypt in 2011

Ukraine's national oil and gas company Naftogaz Ukrayiny plans to produce about 600,000 barrels of crude oil from deposits in Egypt in 2011, Naftogaz said in a statement Wednesday.

Natural gas lines from Egypt repaired

Repairs to a valve station damaged in an April attack on natural gas infrastructure in Egypt have been completed, a holding company announced.

Apache to pursue shale oil drilling in Egypt

Apache Corp plans to explore deeply buried rock formations, including shales, in Egypt's Western Desert for oil and natural gas beginning later this year, the head of the company's Egyptian unit said.

Lebanon Seeks to Resume Egypt Gas Imports

Lebanon's caretaker Prime Minister Saad Hariri will discuss the resumption of natural-gas imports from Egypt during talks in Cairo, according to Mohammad Shatah, his economic adviser.

Egypt Citadel Capital to delay Taqa Arabia IPO

Egypt's Citadel Capital has postponed plans for the initial public offering (IPO) of its electricity and natural gas distributor Taqa Arabia because of lower valuation prospects, according to a senior executive.

Jordan, Egypt agree on further cooperation

Jordan and Egypt agreed to strengthen their commercial ties, through turning Jordan into a logistic hub making use of its location, according to Egyptian Cabinet spokesman, Magdi Radi.

Premier Oil Plc: Looking forward to Egypt results

The big news on the horizon at Premier Oil Plc will come out of Egypt.''We continue to look forward to results from the Cherry prospect in 20 to 30 days (4% upside, 0.5% downside),'' says the analyst team.

Botched sabotage attempt on Egypt-Israel gas link

Unknown attackers attempted to blow up an Egyptian gas pipeline to Israel and Jordan on March 27, but the explosives failed to detonate, a security official said.

Sea Dragon announces the acquisition of a 50% Working Interest in the Kom Ombo Area Block-2, Egypt

Sea Dragon Energy Inc. announces that its wholly owned subsidiary, Sea Dragon Energy (Kom Ombo) Ltd. has signed a Farm-out Agreement with Dana Gas Egypt Ltd.

Shell eyes floating LNG units for Iraq, Egypt

Senior Shell executive reported Wednesday that Royal Dutch Shell is studying the use of floating liquefied natural gas (LNG) terminals to ship gas produced in Iraq and Egypt

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