Egypt's petroleum sector aims to drill 110 exploratory gas wells until 2030

Mon, 09 Oct 2023 - 11:13 GMT

In the research and exploration plan until 2030, the petroleum sector aims to drill 110 exploratory gas wells with investments amounting to about 4.8 billion dollars.

Egypt voices support to sovereignty of Cyprus

Mon, 20 Jan 2020 - 11:24 GMT

Egypt affirms supporting the rights and sovereignty of Cyprus concerning its resources in the Eastern Mediterranean Region, within the framework of international law and the United Nations Convention on the Law of the Sea, the Egyptian foreign ministry sa

Dana Gas reviews latest drilling program in Egypt

Sun, 28 Jul 2019 - 11:40 GMT

Merak-1 well was drilled to a total depth of 3,890 meters and encountered 46 m of sand in the Miocene objective interval but did not encounter commercial hydrocarbons.

Sitting On A Gold Mine

Tue, 16 Jul 2019 - 11:42 GMT

On the setbacks of a 2014 bill tackling investment in gold mining, amid a recent bid by the government to amend current legislation.

Saudi to benefit from Egyptian drilling expertise in Salwa Canal

Tue, 10 Apr 2018 - 10:56 GMT

Egypt will significantly take part in Saudi-Emirati project, the Salwa Canal, as the Saudi-UAE investment alliance seeks to benefit from the Egyptian experience.

Oil giants stay in their own backyards in U.S. auction

Wed, 04 Apr 2018 - 07:54 GMT

The U.S. Interior Department has said it wants to open all U.S. coasts for drilling, including the Atlantic and Pacific.

Ganope plans to drill 16 wells this fiscal year

Tue, 21 Nov 2017 - 02:20 GMT

The company also plans to increase its daily production to 22,500 barrels of oil per day.

China’s Sinopec looks to expand petroleum works in Egypt

Mon, 28 Aug 2017 - 10:59 GMT

Minister of Petroleum Tarek El- Molla said there are massive opportunities for Chinese companies to invest in during the upcoming period.

Third phase of metro line drilling begins 2018

Sun, 11 Jun 2017 - 11:07 GMT

Before drilling starts, two stations will be built after illegally seized lands.