The General Petroleum Corporation will launch a new international bid for the Nimid area in the northeast of the Mediterranean Sea after the Shell Corporation abandoned it, Egyptian petroleum ministry sources reported.
The General Authority for (...)
Magdy Tawfiq, head of the Egyptian Company for Natural Gas (GASCO), said repairs on the Sinai Peninsula gas pipeline that was recently bombed are to be completed soon.
GASCO is responsible for the management and operation of the gas pipeline (...)
International oil companies operating in Egypt are keen on increasing investments in Egypt and continuing their activities despite current political conditions, according to the First Deputy Minister of Petroleum.
Mahmoud Nazim said that the (...)
The energy company Petrobel announced plans to drill several new wells as part of two new projects in the Mediterranean, named Denis and Tuna.
Medhat Sayed, Petrobel's chairman predicted that production volume will reach 6.9 million cubic meters (...)
Head of the Egyptian Company for Natural Gas (GASCO), Magdy Tawfiq, refused the station to export gas to Israel. There was a sixth bombing at the hands of unknown armed men in the village of Sheikh Zuwaid.
Tawfiq said the explosion that occurred (...)
Two foreign companies have applied for permission to research and extract gold from Egypt, revealed sources inside the General Authority for Mineral Resources. The companies, Russian gold mining company Fritks and a Canadian company, have each sent (...)