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Monday, September 06, 2010 2:35 GMT

Top News of Egypt

New Oil Discovery in Egypt

Texas-based independent IPR and Sojitz Oil & Gas have discovered another oil-bearing structure in the underlying Alam El Bueib sands in the Yidma-Alamein Licence in Egypt’s Western Desert. The discovery follows analysis of new 3D seismic over the concession. the discovery well, Alexander-1, has already been brought on stream via existing infrastructure. IPR said the new, deeper production is from a structural closure offsetting the Dolomite closure. It plans to drill a number of new wells,...More


published:05/09/2010 04:01 GMT

Latest Oil and Gas News

Financial Crisis Impact on Egypt’s Petrochemicals 05/09/2010 09:53 GMT
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New Oil Discovery in Egypt 05/09/2010 04:01 GMT
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Latest Business and Economic News

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Egypt's Ezz Steel Q2 Net Profit Hikes 28/08/2010 05:17 GMT
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Egypt Confirms 1st Nuclear Plant Location 26/08/2010 07:03 GMT
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Increase in Egyptian Exports to Malaysia 25/08/2010 08:49 GMT
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