Egypt’s state-owned Egyptian Natural Gas Holding Company (EGAS) has postponed by three months the closing date for international companies to present bids for 15 oil and gas concessions due to weak interest in t...
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 for...
North Sinai Petroleum Company (NOSPCO) has drilled a new developmental well in the company’s concession in the Mediterranean Sea. The well, labeled TAO-SW-F ST-2, is part of the company’s 2011-2012 development plan. D...
Indian state-owned oil firm Gujarat State Petroleum Corporation (GSPC) has hit a dry hole in its Mediterranean Sea exploration lease after investing $52 million in the drilling operation. The operation came in the con...
Abo Qir Petroleum Company has concluded the drilling of a new exploratory well in the company’s development concession in Abu Qir North field, offshore Nile Delta as part of its drilling plan for the 2011-2012 f...
Rashid Petroleum Company (Rashpetco) completed the drilling of a new development well, Saffron DO, in the West Delta Deep Marine block, in the area of the Mediterranean Sea. In the context of the company’s 2011/2012-d...
Turkey intends to cooperate with Egypt in searching for natural gas in the Mediterranean, given the latter’s experience in deep-water drilling, Turkish Energy Minister Taner Yıldız says on an official visit to E...
The Egyptian Natural Gas Holding Company (EGAS) announced two new gas finds in the Nile Delta and the Mediterranean. The ‘South Abu El Naga-2’ well in the Delta and the ‘South el-Ameria-2’ well...
The Abu Qir Petroleum Company revealed that the installation of offshore platforms in the Mediterranean Sea area would be concluded soon. The total investment of this project counts for $20 million. Offshore platforms...