| 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.
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| Current Egyptian Oil Industry
News |
Updated :
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
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, 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
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
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
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
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
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| Egyptian Oil & Gas Industry
Links |
United States Government
United
States Department of Energy - Energy Information Administration - Country
Brief
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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
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