Egypt | Egypt Oil & Gas - Part 475

US Apache Corp To Expand Egypt Investments By $1 Bln In 2013 -Kuna

U.S. oil and gas producer Apache Corp. (APA) has reached a deal with Egypt to expand its oil and gas investments in the North African country in 2013 by $1 billion, Egypt’s Minister of Oil Abdullah Ghorab said, ...

Apache Adds Two New Wells to its Western Desert Portfolio

The American operator Apache commenced the drilling of two exploratory oil-producing wells located in its Western Desert concession area. The drilling of the WKANL-1x and TELL-1x wells has averaged $6.164 million in i...

Oil explorer Soco eyes bid targets over $100 mln

Soco International has told investors it is examining acquisition opportunities in south east Asia, West Africa and Egypt worth in excess of 0 million, suggesting it is targeting more ambitious projects than in the pa...

Jordan demands that Egypt ensure safety of pipeline

The Jordanian Minister of Transport Alya Bitayana has demanded that Egypt ensures the safety of a pipeline delivering Egypt gas to Jordan, television channel, Al Arabiya said on Monday. Mr Bitayana stressed the need t...

Jordan set to end reliance on Egyptian gas

Jordan is set to move away from Egyptian gas due to the growing unreliability of the country’s main energy source, officials say. In a statement earlier this week, Minister of Energy and Mineral Resources Qutaiba Abu ...

RWE to sell Egyptian assets to shore up finances – FT

German utility RWE has earmarked oil and gas assets in Egypt for sale in a bid to shore up its finances as Germany moves to exit nuclear energy, the Financial Times reported. RWE-DEA, the company’s oil and gas e...

Beach exploration success in Egypt

Beach advises that gas and condensate discoveries have been made at its first two exploration wells, GPZZ-4 and Al Ahmadi-1, in the Abu Sennan concession in the Western Desert. Beach Energy Ltd advises that further de...

Foster Wheeler awarded PMC contract for the Qasr Compression Project

Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has received a contract from Apache Khalda Corporation for the provision of project management consultancy (PMC) services ...

Ghorab: final draft of new gas prices is underway

“The final draft for the modified natural gas prices is near completion. The new prices will significantly aid Egypt in securing its needed quota of natural gas,” answered Eng. Abdallah Ghorab, Egyptian Minister of Pe...

RWE explores the North Amyria block

RWE Dea completed the drilling of a new exploratory well, NEA-4X in the North Amriya Exploration Block, located in the Nile Delta Basin. The NEA-4X was drilled to a total depth of 10,000 feet, with an average cost of ...

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