Egypt | Egypt Oil & Gas - Part 459

RWE Dea Continues Successful Development of Gas Resources in Egypt

RWE Dea Egypt confirmed a further extension of the South Sidi Ghazy-1x discovery in the Egyptian Nile Delta. The latest development well follows the successful appraisal of the North Sidi Ghazy-1x discovery reported ...

BP to begin $10 billion Egyptian gas project

Energy giant BP will begin works on a deep-water natural gas production project in Egypt's Mediterranean basin next week, according to a report on Al-Ahram's Arabic-language news website.

Egyptian Oil Flows from EPT in Excess of 2,500 Barrels Per Day

Extended production tests of the successful exploration wells in Abu Sennan, Egypt, commenced last week. The tests will continue for 6 months and to date have yielded a combined flow rate of up to 2,524 barrels of oi ...

BP Egypt announces Seth first gas

On the 23rd of June, first gas from the $334 million Seth development commenced approximately 18 months from project sanction, which is 15 weeks ahead of schedule.

RWE Sale of Egypt Gas Assets Said to Stall Amid Turmoil

A sale by RWE AG (RWE) of energy assets in Egypt is stalled as the country's turbulent political transition deters potential buyers from bidding for the German utility's offshore gas fields there, according to people ...

Apache Spuds Dry Hole in Sallum

American operator Apache Corporation drilled a new exploratory well last march, situated in the Western Desert. The operation comes in consistence with Apache's drilling plan for the 2011-2012 fiscal year.

Egypt Oil Ministry Gets $100 Million to Buy Additional Fuel

Egypt's finance ministry said it had given the oil ministry an additional $100 million to buy petroleum products.

Defense Ministry approves tender for gas exploration in Mediterranean

The Petroleum Ministry has obtained approval from the Defense Ministry for the Egyptian Natural Gas Holding Company (GASCO) to offer a tender for international companies to explore for gas in the Mediterranean Sea fo ...

Egypt studies USD 6 billion oil refining and petrochem projects

Egypt's Industrial Development Authority is examining proposals from several investors worth EGP 48 billion for developing downstream oil and gas projects including refineries and petrochemicals production.

Clean Energy Development in Egypt

Egypt was once an exporter of oil and gas, but now it is struggling to meet its own energy needs. The growth in energy consumption is a response to the country's economic expansion, industrialization, and change in ...

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