Egypt | Egypt Oil & Gas - Part 348

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.

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.

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.

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

Aminex Plc announces its Malak-1 well Result, Egypt

Aminex PLC (“Aminex”), the oil and gas company listed in London and Dublin, announces the result of the Malak-1 exploration well in Egypt.

Transglobe Energy announces well results at Nuqra Block 1, Egypt

The Narmer #1 exploration well was drilled to a total measured depth of 2,701 meters (8,860 feet) and subsequently plugged and abandoned.

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