Australia’s Worley Eyes Mining Opportunities in Egypt
Worley, the Australia-based professional services company in energy, chemicals and resources, has expressed interest in tapping the Egyptian market. Vivek…
Middle East
Egypt moves to block $1bn BP sale to Israeli-linked Energean
Egypt has reportedly told BP it would not approve the proposed sale of some of the British energy giant’s oil…
Africa
Stena IceMAX strikes oil indicators offshore Egypt for Shell
Shell’s Velox-1X exploratory well in Egypt’s North Cleopatra concession turned up encouraging signs of oil, raising the prospect of the…
Middle East
Egypt boosts oil production in Western Desert
Egypt has increased oil production in the Western Desert as part of its efforts to boost domestic output and reduce…
International
Egypt: Petroleum Ministry announces new oil, gas discoveries
These discoveries add a daily production capacity of 47 million cubic feet of natural gas and 4,300 barrels of oil…
International
Egypt to Drill 480 Oil & Gas Exploration Wells in Five Years
Worth USD 5.7 billion, the wells will be drilled across several major regions, including the Western Desert, the Mediterranean Sea,…
International
Egypt plans to drill 480 oil wells over five years
Out of the 480 exploratory oil wells, 101 are scheduled for 2026. Egypt has announced an ambitious plan to drill…
International
Egypt signs oil and gas exploration deals worth more than $121mln
The deals were with Parenco Egypt, Dubai-based Dragon Oil and Apache, for about $46 million, $40.5 million and $35 million…
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