Rockhopper says drilling under way on Egypt licence
UK-based Rockhopper Exploration said today that a drilling campaign on the Abu Sennan Concession in Egypt had started.
Egypt
BP completes purchase of 10% stake in Zohr field
Eni has completed the sale to BP of a 10% stake in the Shorouk concession offshore Egypt.
Egypt strikes trio of oil and gas exploration deals worth $220m with BP, Total and Eni
A trio of offshore oil and gas exploration and production deals worth a total of at least $220million have been signed by Egypt's Oil Minister with Total, BP and Eni.
Kuwait Energy secures $100m facility for investment in Iraq, Egypt
Kuwait Energy said today that it had inked a forward sale agreement with Vitol that will provide it with a financing facility of up to $100million.
Rosneft to spend $4.5bn on Zohr gas field
Rosneft has bought a stake in the biggest gas field in the Mediterranean Sea.
Shell, BP have bids accepted for Egyptian exploration, report says
Shell and BP are among the companies to have had bid accepted for oil and gas exploration in Egypt, a news report said.
Kuwait said to renew contract to supply crude oil to Egypt
Kuwait renewed a contract to supply Egypt with crude oil for the next three years, according to a senior Kuwaiti government official, who said the shipments are not intended to make up for the loss of Saudi fuel shipments to the North African country.
Saudi Arabia oil shipments to Egypt stopped ‘indefinitely’
Egypt has said oil shipments from Saudi Arabia to the North African country have been suspended indefinitely, according to a news report.
Egypt still in dark over when Saudi petroleum supplies to resume
Egypt’s Oil Minister has said there is no confirmation as to when Saudi petroleum supplies will resume to the country.
Subsea 7 wins Egypt deal
Subsea 7 has landed a deal offshore Egypt.
Eni signs deal on Egypt renewable projects
Eni is said to have agreed to build renewable energy projects in Egypt.
BP signs agreements for Egypt field developments
BP said today it had signed three concession amendments with Egypt allowing the company to develop the Nooros play.
Shell makes gas discoveries in Egypt’s Western desert
Oil major Shell said new gas discoveries have been made in a concession area in Egypt's Western desert.
Egypt to strip out fuel subsidies within three years
The Egyptian Government intends to cut off fuel subsidies in the next three years to free up more of its budget, which shrank following the 2011 uprising, a news report said.
Eni in talks with quartet over Egyptian asset sale – report
Italian energy firm Eni is in talks with four companies over the sale of 20% of its Zohr gas field in Egypt, a news report said, citing unidentified banking sources.
Nostra Terra makes headway in Egypt
Nostra Terra today confirmed its subsidiary, Independent Resources Egypt (IRE), had been given the initial green light from Egyptian authorities.
SDX Energy completes seismic acquisition in Nile Delta
SDX Energy has completed its seismic acquisition programme in the Nile Delta.
BP, Eni hit more gas in Egypt
Oil major BP said it has made another gas discovery in Egypt’s East Mediterranean.
Aker wins NOK 1billion umbilicals contract
Aker Solutions has won a NOK 1billion deal with Petrobel in Egypt.
Carbon Holdings looks to future with World Bank investment
Egypt's Carbon Holdings, a petrochemical producer, has received a $25million funding boost from the World Bank’s private investment arm, International Finance Corp.
ThinJack wins Egyptian deal
ThinJack has scooped its biggest win yet in the Middle East, creating two new full-time jobs.
SDX Energy plans immediate production from Egyptian play
SDX Energy has found oil in its North West Gemsa prospect in Egypt.
Circle Oil completes Egypt drilling campaign
Circle Oil has completed its infill drilling campaign on the North West Gemsa field in Egpt.
Circle Oil under pressure as cash flow causes problems
Circle Oil's financial position remains "under significant pressure" and needs sustained improvement in payments from Egypt's state-owned oil company to shore up its cash position.
SDX Energy looks to raise $11million and float on AIM
SDX Energy, an Egypt focused exploration company, said it hopes to raise $11million via a private placement and is to float on the London Alternative Investments Market.