Oil & Gas Companies News in Egypt

Dana Expands Operations and Investments in Egypt
5/13/2009 - Dana Gas, the Middle East’s first private sector regional natural gas company, announced its intention to expand its gas operations and investments in Egypt’s growing natural gas industry. The company...
Eni And Egypt New Co-Operation Initiatives
5/12/2009 - Eni CEO, Paolo Scaroni, and Egypt's Minister of Petroleum, Amin Sameh Samir Fahmy, announced new initiatives creating a new framework for co-operation between the two parties. These initiatives will e...
RWE Dea Steps Up Investments
5/12/2009 - In fiscal 2009, RWE Dea will substantially step up its investments in field development projects in Egypt. Despite the difficult market environment, RWE Dea has affirmed its investment plans. "Our str...
Dana Gas Production in Egypt up 20 pct from 2008 Avg
5/11/2009 - Dana Gas, the Middle East's first and largest regional private sector natural gas company, has increased production through its El Wastani gas plant in the Nile Delta region of Egypt to 170 million st...
Enap Sipetrol S.A. Arranges the Sale of One of its Assets in Egypt for US$ 65.5 Million
3/11/2009 - Enap Sipetrol S.A., a subsidiary of Empresa Nacional del Petróleo ENAP, reported that it had closed the sale of its whole participation (50%) in the North Bahariya oil block in Egypt’s western desert....
E.ON Ruhrgas Acquires 29 % Interest in Exploration Licence Offshore Egypt
2/18/2009 - German gas market leader E.ON Ruhrgas has acquired a 29 % interest in the NW Demiatta exploration licence from Shell Egypt N.V. The licence is operated by Shell Egypt N.V. (61 %) and the additional pa...
Sea Dragon to Acquire Offshore Producing Concession in Gulf of Suez
2/17/2009 - Sea Dragon has entered into a letter of intent for an exclusive period with Dover Investments Limited to acquire, subject to applicable governmental approvals, the Ras El Ush concession which is situa...
RWE Dea Swaps Egypt Upstream Acreage with El Paso
2/10/2009 - RWE Dea AG, Hamburg, and El Paso Exploration and Production Company, Houston (USA), have entered into an agreement to exchange interests in adjoining exploration acreage holdings in Egypt.
Closing of Agreement Among Edison, Egyptian Goverment and EGPC for Hydrocarbons of Abu Qir
1/15/2009 - Edison, through its controlled company Edison International Spa, the Minister of Petroleum, representing the Arab Republic of Egypt, and The Egyptian General Petroleum Corporation (“EGPC”) have signed...
EGPC and Edison Enter Into an Agreement to Partner on The Abu Qir Concession in Egypt
12/2/2008 - Edison International Spa has signed a binding agreement with the Egyptian General Petroleum Corporation for the exploration, development and production rights of the Abu Qir Concession, offshore Egypt...
Dana Gas Board Reviews Progress of New Discoveries, Approves Five-Year Growth Plan
11/17/2008 - Dana Gas PJSC, the Middle East's first and largest regional private-sector natural gas company, announced that its board of directors has approved a five-year growth plan for the company on the heels ...
Petrovietnam Signed Cooperation Agreements with the Corporation, Oil Country Egypt
11/10/2008 - On 9/11/2008, the meeting Mixed Committee on Viet Nam - Egypt Sofitel hotel in Cairo, before the witness of the Minister of Industry and Commerce Vu Huy Hoang, Minister of Oil and Gas Ministry Ministr...
Beach Petroleum Limited Egyptian Government Approves Gulf Of Suez Oil Concessions
11/7/2008 - Beach Petroleum Limited is pleased to advise that the Ministry of Petroleum of the Government of the Arab Republic of Egypt has approved deeds of assignment in respect of the North Shadwan and South E...
TransGlobe Acquires Additional Interest in West Gharib Properties
8/18/2008 - TransGlobe Energy Corporation completed the acquisition of an additional 25 percent in certain leases on its West Gharib (Arab Republic of Egypt) properties from its partner, a private company registe...
Egyptian – Syrian Joint Talks in Oil and Gas Domains
7/6/2008 - On 6/7/2008, Eng. Sameh Fahmi, Minister of Petroleum, and Eng. Sufian Al-Alaw, Syrian Minister of Petroleum and Mineral Resources, discussed, in Cairo, joint projects in oil and gas domains. They also...
Beach Petroleum Acquires Interest in South East July Concession
5/22/2008 - Beach Petroleum reported that it has entered into an agreement with Santos Egypt Pty Ltd under which, subject to waiver of pre-emptive rights by the Egyptian General Petroleum Corporation and the appr...
Mogul Signs Agreement on EWA Concession
4/29/2008 - Mogul Energy International announced that it closed an Agreement of Purchase and Sale with Egypt Oil Holdings, Sea Dragon Energy, and Dover Investments Limited, and a related Share Exchange Agreement....
Bolstering the Egyptian – Palestinian Cooperation in the Oil and Gas Domain
3/19/2008 - Eng. Sameh Fahmi, Minister of Petroleum and Dr. Omar Katana, Head of the Palestinian Authority for Energy and Natural Resources, discussed the various ways of deepening as well as supporting the mutua...
TransGlobe Acquires GHP Exploration for Cash; Adds 900 Barrels of Oil to Daily Production
1/9/2008 - TransGlobe Energy Corporation announced that it entered into an agreement to acquire privately-held GHP Exploration for US$40.2 million. Under terms of the agreement, TransGlobe Energy will pay US$40....
Tanganyika Signs Agreement To Sell Egyptian Assets to TransGlobe Energy
9/6/2007 - Tanganyika Oil Company Ltd. has entered into an agreement to sell its interests in the West Gharib concession area in Egypt to TransGlobe Energy Corporation. Pursuant to a binding purchase and sale ag...

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