Apache Corporation Discovered a New Natural Gas Field in Egypt
The American company Apache Corporation, together with the Egyptian General Petroleum Corporation (EGPC), has discovered a new natural gas field in Egypt’s Western Desert.This was reported by the Ministry of Petroleum and Mineral Resources of the country. The discovery was made following the drilling of the exploration well SKAL-1X in …
New Oil Field Discovered in the Gulf of Suez
A new oil field has been discovered in the Gulf of Suez, the Egyptian Ministry of Petroleum and Natural Resources said in a statement. “Cheiron has announced the discovery of a new field in the western Geisum Tahuila concession area in the Gulf of Suez,” the ministry said in a …
Rosneft and EGPC Agreed on the Term Sheet of Oil Products and LPG Future Supplies
Rosneft Chairman of the Management Board Igor Sechin and Egyptian General Petroleum Corporation (EGPC) General Director Tarek El-Molla signed a Term Sheet for prospective supplies of oil products and liquefied petroleum gas (LPG) delivered by Rosneft to the Egyptian company. The document, signed in continuation of agreements reached at the …