Kuwait Energy makes a new oil discovery in Gulf of Suez, Egypt

• Sunday, 22nd January 2012
• by Egypt Oil & Gas

Kuwait Energy Plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced a new oil discovery in Egypt's Ahmad-1X well, located in the Gulf of Suez ...

Premier Oil Gulf of Suez license award on hold pending elections

• Sunday, 28th August 2011
• by Egypt Oil & Gas

Premier Oil is still awaiting ratification from the Egyptian authorities for the award of the South Darag block in the northern Gulf of Suez. The award process is delayed until after Egypt's parliamentary elections, ...

Petrobel to drill new exploratory well

• Monday, 16th May 2011
• by Egypt Oil & Gas

Petrobel commenced the drilling of an exploratory well in its concession area in the Gulf of Suez, according to the Q4 plan of the fiscal year of 2010-2011.

PetroSA withdraws from the Egyptian sector

• Monday, 16th May 2011
• by Egypt Oil & Gas

South Africa's PetroSA is selling its stake in the concession area in the Gulf of Suez, as the company decided to withdraw its investments from Egypt, top official told Egypt Oil & Gas.