Egypt | Egypt Oil & Gas - Part 387
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.
BAPETCo Deployed Two New Rigs
Badr El Din Petroleum (BAPETCo) rented the services of two new 1500-horespower rigs. This brings the total number of rigs employed by Bepetco to four, in an attempt to execute the company's extensive drilling strategy.
Egypt to Set Power Line Project Lead
The Egyptian Ministry of Electricity and Renewable Energy will select between the State Grid Corporation of China and Egypt’s Elsewedy Electric to construct a transmission line from Samalut to Naga Hammadi with a cap ...
Eni Agrees to Sell 30% of Shorouk Concession to Rosneft
Italian Eni agreed to sell 30% stake in Egypt's Shorouk Concession to Russia's Rosneft.
Shell to Stop Gas Output in Rosetta Field
Royal Dutch Shell will halt gas production from Egypt's Rosetta field in Rashid concession, in July 2017. Shell will cease investments in the development while dues owed by the Egyptian government continue to accumu ...
Egypt Connected Matai to Natural Gas Grid
Egypt started pumping natural gas to Matai city in Minya, linking 14,000 households to the national gas grid as per country plans for 2016.
Egypt Estimates 5.3bcf/d Gas Consumption
The Egyptian Natural Gas Holding Company (EGAS) estimated Egypt's demand of gas to reach 5.3bcf/d.
Siemens to Add 1600MW to Egypt’s Power Grid
Germany's Siemens will add 1600MW to Egypt's national power grid during December through linking the production of four units in Beni Suef and Burullus power plants.
