Egypt | Egypt Oil & Gas - Part 461

BG flags Egypt concerns as profit slips

International gas and oil producer BG Group Plc flagged its concerns about the impact of instability in Egypt as it reported a 3 percent fall in second quarter net profit.

Indian companies decline to sign PSC for offshore concessions in Gulf of Suez and Red Sea

The Petroleum Ministry has conveyed to the Ministry of External Affairs that the Indian consortium comprising Gujarat State Petroleum Corporation (GSPC), Hindustan Petroleum Corporation Limited (HPCL) and Oil India L ...

Qatar promises 5 free LNG cargoes to Egypt

Qatar promised Egypt five free shipments of LNG this summer after a meeting of representatives from the two countries' governments in Doha, giving cash-strapped Egypt a reprieve from worsening energy shortages.

Naftogaz to boost crude oil production in Egypt by 1.4 times before 2014

NJSC Naftogaz Ukrainy is to boost crude oil production in Egypt by 41.5% by the year 2014, to 7,500 barrels per day, up from 5,300 barrels per day, according to Naftogaz Deputy CEO Vadym Chuprun.

Apache announces three new oil and gas discoveries in Western Desert, extends production base across vast concession areas

Apache Corporation announced drilling success with three new discovery wells in Egypt's Western Desert.

Dana Petroleum appoints new Managing Director in Egypt

Aberdeen-based Dana Petroleum has appointed Paul Barnett as the new Managing Director of its Egypt business.

SPE North Africa Conference and Exhibition returns to Cairo, Egypt

The fourth edition of the North Africa Technical Conference and Exhibition (NATC) returns to Cairo, Egypt, from 15-17 April 2013, under the patronage of the Ministry of Petroleum and Mineral Resources, Egypt. Organis ...

Foster Wheeler Awarded Technical Consultancy Services Contracts by Khalda

Foster Wheeler AG announced that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by Apache Khalda for the provision of technical consultancy services to oversee the engineeri ...

Success for Apache on Khalda Ridge

Apache Corporation reported that the Amoun NE-1X discovery on the north flank of Egypt's Khalda Ridge producing complex tested at a combined rate of 3,186 barrels of oil and condensate and 11 million cubic feet of n ...

Egypt says has signed debt deals with Petronas, BG Group

The Egyptian government has signed agreements with Malaysia's Petronas and Britain's BG Group to reschedule debt owed by Cairo, the minister of petroleum, Osama Kamal, told reporters on Tuesday.

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