Apache investments in Egypt exceed $12bn in 23 concession areas, including 20 production regions
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We saved $155,000 daily on drilling expenses during FY 2015/2016, says Abdel Azim
Company in discussions with foreign partner to increase investment and review plan in January
Ongoing discussion in regards to increasing FY 2017/2018 investments with Apache’s officials, says Abdel Azim
The government is providing new areas for international companies to increase their oil and gas exploration processes, says CEO
30 wells will be drilled to extract gas from limestone layers in Western Desert
Apache completed drilling two horizontal wells in limestone layers in Western Desert: source
The official said that Shell requested form the EGPC to agree on the price of the shale gas that will be produced from the area for the first time in Egypt, because the cost of the project will be high and the process of extraction is significantly different than regular sources.
Second well in Apollonia field to be linked to national gas network in 2H of 2016
Military expert says Egypt’s pursuing ‘multiple alternative sources for military cooperation’
A new clause permits Secretary of State to bypass democratic conditions on aid
Three areas in the Delta and eight in the Mediterranean Sea will be offered by EGAS for exploration and research
Around 36 concession agreements in which 153 wells to be drilled have been ratified
The Ministry of Petroleum is engaged in negotiations with British Gas, Apache, and other foreign companies to adjust gas prices for new projects linked with production in the near future. A senior official with the Ministry of Petroleum revealed that negotiations are underway with British Gas to re-price gas for the B9 stage project. This …
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The decision will help Egypt’s counter-terrorism operations in the Sinai Peninsula, the Pentagon said.
Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil and natural gas business of US firm Apache Corp.
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