Naftogaz | Egypt Oil & Gas - Part 2

Ukraine to Purchase French Gas, Replacing Russian

The International Finance Corporation (IFC) from the World Bank group would provide a trade finance credit of up to $200m to Ukraine’s national oil and gas company Naftogaz for it to acquire natural gas from Fra...

UK’s Frontera and Ukraine’s Naftogaz Sign Agreement

Frontera Resources Corp on Wednesday said it has signed a strategic memorandum of understanding with Ukrainian state-owned oil and gas company Naftogaz. Under the terms of the deal, the pair will work on upstream expl...

Naftogaz Hopes for New Round of Ukraine-Russia Talks in July

Naftogaz CEO Andriy Kobolev expects the next round of the trilateral gas talks involving Ukraine, Russia and the European Union will be held in July and stresses the need to agree on a new “winter package”...

Ukraine’s Naftogaz Pre-Pays Russia’s Gazprom with $32m for Gas

Ukraine’s state-run gas company Naftogaz has transferred $32 million (20 million pounds) to Russia‘s gas monopoly Gazprom as a further pre-payment for gas deliveries, a spokeswoman for the company said on ...

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. “As of today we...

Naftogaz reports increased crude oil yields from Egypt deposits

Ukraine’s national oil and gas company Naftogaz Ukrayiny produced 113,000 barrels of crude oil from deposits in Egypt in the second quarter of 2012, up 10.8% from 102,000 barrels in the first quarter, the Energy...

Ukraine to increase oil production through development of shelf and fields in Egypt

Ukraine is planning to increase its own oil production, first and foremost, through the development of the Subotynske oil field on the Ukrainian shelf of the Black Sea and oil fields in Egypt, where Naftogaz of Ukrain...

Naftogaz signs concession agreement for two Egypt hydrocarbon blocks

Ukraine’s national oil and gas company Naftogaz Ukrayiny, Egyptian state-owned company Ganoub El-Wadi Petroleum Holding (GANOPE) and the Egyptian Oil Ministry on February 7 signed a concession agreement on devel...

Naftogaz moves further in its 2011 plan

Naftogaz concluded the drilling of a new exploratory well, EHG 1-1, in the context of the company’s 2011-2012 drilling program. The EHG 1-1 was drilled to a total depth of 1600 feet, with total investment worth $4 mil...

Naftogaz invests $5 million in the Western Desert

Naftogaz conduced a drilling operation at the company’s Alam El-Shawish concession, in the Abu Gharadiq basin, east the Western Desert. The company drilled a new development well HG-34/3, through the Sino-Tharwa rig S...

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