| Second Stage of WDDM Phase 7 Starts Gas Production |
1/31/2012 - Managed by the Joint Operating Company (JOC) Burullus Gas Company S.A.E. (EGPC 50%, BG Group 25%, PETRONAS 25%), the second stage of Phase 7 comprises onshore gas receiving facilities, five new compre...Full Story
|
| MENA Hydrocarbons Operation Update for Lagia |
1/30/2012 - MENA has signed a contract with Petroservices Drilling Overseas (PSDO) of Egypt for the rental of their 750 HP rig Shams 1 in order to commence operations on its Lagia oil field development in Egypt. ...Full Story
|
| Jordan Hikes Power Prices As Egypt Gas Disrupted |
1/30/2012 - Jordan will raise electricity prices as of next month to cover the rising burden of imported fuel costs after loss of regular Egyptian gas supplies, officials said. Jordan's total imported energy bill...Full Story
|
| Maridive Wins $259 Million Deals in Brazil and Egypt |
1/30/2012 - Egyptian oil service provider Maridive has won a US$234 million contract to operate five Brazilian offshore vessels as well as a smaller deal in its home country, the firm announced. Maridive's deal w...Full Story
|
| Citadel Plans to Construct Refinery This Year |
1/27/2012 - Citadel Capital SAE (CCAP) (CCAP), the Egyptian private equity firm that has raised $3.7 billion to build an oil refinery, plans to start construction in the second quarter. The refinery will have a c...Full Story
|
| Government Build First Nuclear Plant in Dabaa |
1/23/2012 - The government will not backtrack on its decision to build the first Egyptian nuclear plant in Dabaa area, said Planning and International Cooperation Minister Fayza Abul-Naga at a press conference fo...Full Story
|
| New Oil Find in Area A Gulf of Suez |
1/22/2012 - Kuwait Energy Plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announced a new oil discovery in Egypt's Ahmad-1X well, located in the Gu...Full Story
|
| Egypt Restarts Gas to Israel at Lower Levels |
1/19/2012 - Egypt resumed pumping natural gas through local and international pipelines in North Sinai after repairing damage caused by a series of attacks, the state-run MENA news agency reported. ...Full Story
|
| Algeria to Double Butane Gas Exports to Egypt |
1/17/2012 - Algeria will double its butane gas exports to Egypt, Algerian Energy Minister Youssef Youssefy said during a meeting with the Egyptian ambassador to the country. In a meeting, Youssefy and Egyptian Am...Full Story
|
| Egypt to Cover Delayed Payments to Dana Gas |
1/17/2012 - With respect to recent commentary and speculation regarding the Company’s convertible sukuk and volatility in its share price, Dana Gas PJSC wishes to make the following statement. Dana Gas has grown ...Full Story
|
| $1 Billion British Investments in Oil and Gas Domains |
1/15/2012 - The Egyptian General Petroleum Corporation ( EGPC ) prepared a joint plan with British Petroleum co. (BP) to implement programs for exploratory drilling, development and maintenance of wells , the est...Full Story
|
| Jordan Lose 4m USD/Day Due to Egypt Gas Supply Drop |
1/15/2012 - Jordan said it suffered over USD four million in daily losses because of drop in Egyptian natural gas supplies in 2011. Egypt used to supply Jordan with 300 million cubic feet of natural gas in 2009, ...Full Story
|
| Sea Dragon Agreement to Acquire OG Assets in Egypt |
1/10/2012 - Sea Dragon Energy has entered into an arm’s length share purchase agreement with Golden Crescent Investments, whereby an indirect wholly-owned subsidiary of Sea Dragon will acquire all of the issued a...Full Story
|
| Circle Oil Egypt Senior Management Appointment |
1/9/2012 - Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce and a senior management appointment in Egypt. ...Full Story
|
| Dana First Production from Matr-1XST Well |
1/9/2012 - Dana Petroleum plc ("Dana") is pleased to announce first oil production from its Matr-1XST well in the North Zeit Bay production sharing contract (PSC) area onshore in the Gulf of Suez, Egypt. This fo...Full Story
|
| Egypt's EGPC Awards Gasoil Tender |
1/5/2012 - State-owned Egyptian General Petroleum Corp (EGPC) has picked Vitol, BB Energy and Glencore in a tender to supply around 480,000 tonnes of high sulphur gasoil for delivery into Alexandria over January...Full Story
|
| Violence in Egypt for Environmental Justice |
11/16/2011 - Damietta is an Egyptian city located at the intersection between the Mediterranean Sea and the Nile. Damietta is a major hub for natural gas distribution and utilization. Today Damietta is at standsti...Full Story
|
