Minister of Petroleum, Eng. Sameh Fahmy signed today two agreements between the state-owned Egyptian General Petroleum Corporation (EGPC) and Apache Corporation for exploring in the Western Desert. ...read more
Since the initiation of its activities in Egypt, Kuwait Energy Company (KEC) has been strengthening its steps in the industry. However, its ambitious plans to further expand are hindered by some obstacles that slow down its investment wheel. ...read more
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Melrose Resources plc, the oil and gas exploration and production company, is pleased to announce a new exploration discovery and commencement of seismic data acquisition in Egypt. more...
Sea Dragon Energy Inc. is pleased to announce that its current working interest share of production from the N.W. Gemsa and Kom Ombo Concessions has now reached 1,475 bopd. more...
Aker Solutions has signed a contract with Repsol Investigaciones Petroliferas S.A. for delivery of subsea equipment to the Spanish oil company's Mediterranean wells. Contract value is approximately NOK 120 million. more...
Managing Director of Egypt's Maridive & Oil Services, Issa Eleish announced that the company is planning to spend $200 million to expand its fleet of vessels and take advantage of the rise in oilfield services demand. more...
AOC, Japan's Arabian Oil Company, announced its second delay for crude oil production from Egypt's offshore Northwest October block in the northern Gulf of Suez. more...
Abd El Alim Taha, chief executive of the Egyptian General Petroleum Corporation (EGPC), said that EGPC will announce the results for its latest oil and gas bid round within the coming two months. more...
Dana Gas, known by being one of the most active companies in Egypt, celebrated the new year of 2010 with the successful achievement of its 2009 production target in excess of 40 thousand boepd
European companies come first The Egyptian petroleum industry has always been one of the favorable environments for foreign investments, which are not just good sources for economic revenues, but a way to get locally updated with the latest international operations techniques and exchange expertise
