Egypt | Egypt Oil & Gas - Part 397

EMG Shareholders Seek $8 Billion in Pipeline Damages From Egypt

Shareholders of East Mediterranean Gas Co. will take legal action against Egypt, seeking more than $8 billion in damages for interruptions in natural gas supply through a cross-border pipeline, a company official said.

Egypt to Resume Gas Flow to Jordan After Explosion, Ahram Says

Natural-gas supplies from Egypt to Jordan will resume by the end of the week, following an explosion at a pipeline in the Sinai peninsula that halted the flow, the Cairo-based newspaper al-Ahram reported, citing Egyp ...

Explosion hits gas pipeline in northern Sinai

A pipeline carrying gas from Egypt to Israel and Jordan has been hit by an explosion, officials have said.

TransGlobe Energy acquires operated interest in the South Alamein Concession in Egypt

TransGlobe Energy Corporation announces the signing of a Sale and Purchase Agreement to acquire a 50% operated working interest in the South Alamein Concession in the Arab Republic of Egypt from Cepsa Egypt SA B.V.

Petroceltic eyes oil and gas deals in Egypt

Petroceltic is eyeing oil and gas deals in Egypt and Tunisia to take advantage of a funding gap brought about by unrest in the North African region, said its chief executive.

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.

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