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.
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.
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 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.
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
TransGlobe Petroleum Egypt Inc., a wholly owned subsidiary of TransGlobe Energy Corporation, is rigging up the ECDC #2 drilling rig to drill the Set #1, a 30-million-barrel gross unrisked target prospect.