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Exploration

Egypt is considering reducing the number of oil rigs operating in the Gulf of Suez after an oil spill polluted a stretch of Red Sea coast popular with tourists, the oil ministry said.

p>Egypt is considering reducing the number of oil rigs operating in the Gulf of Suez after an oil spill polluted a stretch of Red Sea coast popular with tourists, the oil ministry said.

Enel, represented by Massimo Sciancalepore, Head of Business Development, Upstream Gas Division, and the Ministry of Petroleum of the Arab Republic of Egypt, represented by H.E. Ashraf Rashed, Ambassador of the Arab Republic of Egypt in Rome, signed a co-operation agreement aimed at strengthening the long-standing strategic relationship between Enel and the Egyptian Natural Gas Holding Company (EGAS), dating back to 2008.

p>Enel, represented by Massimo Sciancalepore, Head of Business Development, Upstream Gas Division, and the Ministry of Petroleum of the Arab Republic of Egypt, represented by H.E. Ashraf Rashed, Ambassador of the Arab Republic of Egypt in Rome, signed a co-operation agreement aimed at strengthening the long-standing strategic relationship between Enel and the Egyptian Natural Gas Holding Company (EGAS), dating back to 2008.

Aegean Energy SA, an international upstream oil and gas exploration and production company with a Mediterranean and North African Basin Focus, has reached a farm in agreement with Groundstar Resources Egypt for a 70% working interest and operatorship of the West Kom Ombo (WKO) Block, located in South Central Dessert of Upper Egypt approximately 100km west of Aswan.

p>Aegean Energy SA, an international upstream oil and gas exploration and production company with a Mediterranean and North African Basin Focus, has reached a farm in agreement with Groundstar Resources Egypt for a 70% working interest and operatorship of the West Kom Ombo (WKO) Block, located in South Central Dessert of Upper Egypt approximately 100km west of Aswan.

EGYPT - East Ghazalat (50% Working Interest)

TransGlobe announced that oil was recovered on test from Safwa NW-1, its latest exploration well in the East Ghazalat Concession in the Western Desert of Egypt.

p>EGYPT - East Ghazalat (50% Working Interest)

TransGlobe announced that oil was recovered on test from Safwa NW-1, its latest exploration well in the East Ghazalat Concession in the Western Desert of Egypt.

UK-based explorer Dana Petroleum has won an onshore double in Egypt, taking the sting out of dusters drilled in Egypts offshore and in the UK North Sea.

p>UK-based explorer Dana Petroleum has won an onshore double in Egypt, taking the sting out of dusters drilled in Egypts offshore and in the UK North Sea.

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