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Egypt Oil Industry News

Egypt is a significant oil producer and a rapidly growing natural gas producer. The country's first liquefied natural gas (LNG) export terminal began operation in January 2005.

Egyptian oil production comes from four main areas: the Gulf of Suez (about 50 percent), the Western Desert, the Eastern Desert, and the Sinai Peninsula.

Egypt's oil and petrochemical exports reached $ 5.5 bn last year. Projections include plans to increase exports to $ 6.7 bn in 2006 and to more than $ 10 bn by 2010.

Citing a history of investor success in the petrochemical industry, Fehmi has urged the Egyptian private sector to contribute more to the continued development of the oil sector.

Progress is being made throughout the country to privatize State Owned Enterprises.
 
Current Egyptian Oil Industry News
Egypt Oil - Bing News
Updated :

Circle Oil completes Al-Amir SE-5 oil and gas well onshore Egypt ... - PennEnergy
Circle Oil’s Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt. Circle is delighted to confirm that the Kareem Formation Sandstones ...
Publ.Date : Tue, 09 Mar 2010 14:15:00 GMT

Egypt (EGPC) Upstream Oil & Gas Fiscal Regime: 2010 - new market ... - PR Inside
www.companiesandmarkets.com/Summary-Market-Report/egypt- (egpc)-upstream-oil-gas-fiscal-regime-2010-271497.asp?prk=988e598758db5098bafd4f39dabdd067 Egypt (EGPC) Upstream Oil & Gas Fiscal Regime: 2010 Egypt (EGPC) Upstream Oil & Gas Fiscal Regime ...
Publ.Date : Tue, 09 Mar 2010 12:14:00 GMT

Kuwait Energy says it finds oil field in Egypt - Reuters UK
KUWAIT, March 7 (Reuters) - Privately held Kuwait Energy Co has found oil in a field in Egypt, the company said on Sunday. A new well produced oil at an initial rate of 280 barrels per day, the company said in a statement. Kuwait Energy holds a 75 ...
Publ.Date : Sun, 07 Mar 2010 18:14:00 GMT

UPDATE 1-Circle Oil says Egypt well successfully tested - Reuters UK
March 9 (Reuters) - Oil and gas explorer Circle Oil Plc ( COPU.L ) said its Al-Amir SE-5 appraisal well in the onshore North West Gemsa Concession in Egypt had been successfully tested for production, sending its shares up 4 percent. Circle Oil, an ...
Publ.Date : Tue, 09 Mar 2010 08:24:00 GMT

OPEC sets forecast higher for world’s oil demand in ... - Arkansas Online
CAIRO, Egypt — World oil demand is projected to grow by 900,000 barrels per day in 2010, OPEC said Wednesday, revising upward its previous month’s forecast while cautioning that the increase is hinged on a sustained global economic rebound ...
Publ.Date : Thu, 11 Mar 2010 06:56:00 GMT

Circle Oil reports successful testing - Irish Times
Limerick headquartered international oil and gas exploration firm Circle Oil reported drilling of an appraisal well in Egypt was successful. The Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir ...
Publ.Date : Tue, 09 Mar 2010 15:55:00 GMT

OPEC boosts 2010 oil demand forecast by 100,000 b/d ... - Winnipeg Free Press
CAIRO, Egypt - World oil demand is projected to grow by 900,000 barrels per day in 2010, OPEC said Wednesday, revising up its previous month's forecast while cautioning that the increase is hinged on a sustained global economic rebound, particularly ...
Publ.Date : Wed, 10 Mar 2010 14:14:00 GMT
Egyptian Oil & Gas Industry Links

United States Government

United States Department of Energy - Energy Information Administration - Country Brief - Egypt

CIA World Factbook on Egypt

U.S. State Department's Consular Information Sheet - Egypt

Associations and Institutions

Egyptian Petroleum Research Institute

Governmental Agencies

Egypt Economic Bulletin by The Egyptian Cabinet, Information and Decision Support Center (includes monthly Petroleum, Gas, and Electricity data)

Egyptian Ministry of Petroleum

Portals

Egypt Portal for Oil, Gas and Hydrocarbon Industries

Oil & Gas Industry News
 
 
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