Dana Gas announces two gas discoveries in Egypt

Tuesday, March 9th, 2010

Estimated 35-70 billion cubic feet of gas reserves added and a new gas field brought on stream ahead of schedule Dana Gas PJSC, the Middle East's first and largest regional ...


DANA MAKES SECOND GAS DISCOVERY OFFSHORE NILE DELTA, EGYPT

Wednesday, February 10th, 2010

Dana is pleased to announce that it has made a second gas discovery in the West El Burullus concession, offshore Nile Delta, Egypt. To date, Dana and GDF Suez have ...


BJ Services Reports First Fiscal Quarter Net Loss From Continuing Operations of $0.03 Per Diluted Share

Tuesday, February 9th, 2010

BJ Services Company (BJS-NYSE, CBOE, PCX) today reported that revenue in the first quarter of fiscal 2010, which ended December 31, 2009, was $931.5 million, representing a 6% increase from ...


Dana has posted a fourth-quarter loss of AED193m

Thursday, February 4th, 2010

Abu Dhabi-based gas company Dana has posted a fourth-quarter loss of AED193m ($52.54m), its second consecutive loss after accounting write-offs and the impairment of some oil and gas assets last ...


Dana Gas Increases Revenues & Gas Reserves in 2009

Monday, February 1st, 2010

• Production increases 20%. Sales revenues up 12% to AED 1.28 billion • 8 New Discoveries. Reserves increase by 40%. • Production Replacement Ratio of 400% • Net Profit after Tax of AED ...


Dana Gas announces a new oil discovery in Egypt

Tuesday, January 12th, 2010

Oil flows naturally to surface for the first time in the Komombo Concession Dana Gas, the Middle East's first and largest regional private sector natural gas company, is pleased to announce ...


Dana Gas Egypt Achieves 20% Increase in 2009 Average Daily Production Rate

Tuesday, January 5th, 2010

Makes 9th New Gas Discovery Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced that it has successfully achieved its end of year ...


New discoveries from ‘Faraskur-1’ and ‘Marzouk-2’ wells

Tuesday, October 13th, 2009

Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced two more significant gas discoveries – ‘Faraskur-1’ and ‘Marzouk-2’ – in one of its ...


Fleming Gulf’s “MENA Natural Gas Distribution Summit”, Cairo – Egypt, 8-10 December’09

Monday, September 28th, 2009

Up until a few years ago, Natural Gas was considered the poor cousin of oil production in the MENA region. Though it is the ideal fuel for electricity generation, natural ...


Oil News from around the web, U.S. light crude for July delivery rose 84 cents to $70.85 a barrel. London Brent crude gained 55 cents to $70.17

Wednesday, June 10th, 2009

)))Abu Dhabi official crude selling price down 52.06% The official selling price of Abu Dhabi's crude oil grades averaged US$59.49 a barrel in May, down 52.06 per cent from an average ...


Dana Gas makes a new gas discovery in the Nile Delta, Egypt

Thursday, May 28th, 2009

The Tulip-1 well represents the fourth discovery in 2009 for the company Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced another gas discovery ...


Discovery in Geyad-1X on NW Gemsa Concession, Egypt

Wednesday, May 20th, 2009

Circle Oil plc (AIM: COP), the international oil and gas exploration and development company, is pleased to announce initial results from the Geyad-1X exploration well which has been successfully drilled ...


Egypt: Total enters into an offshore exploration permit in the Nile Basin

Tuesday, May 19th, 2009

Total announces that, within the framework of the EGAS 2008 international bid round organized by the Egyptian authorities, it has been awarded a 90% participation in and the operatorship ...


RWE Dea steps up investments in Egypt

Thursday, May 14th, 2009

In fiscal 2009, RWE Dea will substantially step up its investments in field development projects in Egypt. Despite the difficult market environment, RWE Dea has affirmed its investment plans. "Our strategic ...


Dana Gas Expands its Operations and Investments in Egypt

Wednesday, May 13th, 2009

  Al Arbeed: Dana Gas committed to expanding Egypt operations and investments in partnership with government, energy companies Dana Gas, the Middle East’s first private sector regional natural gas company, announced ...


Eni and Egypt’s Ministry of Petroleum announce new co-operation initiatives in the hydrocarbon sector

Wednesday, May 13th, 2009

This is another example of Eni implementing its cooperation model in countries where it operates, integrating traditional business with activities capable of satisfying the energy needs of producing countries and ...


Dr. Hans-Hermann Ecke is the new General Manager of RWE Dea in Egypt.

Tuesday, May 12th, 2009

Hans-Hermann Ecke appointed new General Manager in Egypt Hans-Hermann Ecke takes charge of RWE Dea’s Egyptian country unit headquartered in Maadi, Cairo. From June 2009 Hans-Hermann Ecke will be responsible as ...


Dana Gas production in Egypt climbs 20% as newly discovered fields are coming on stream

Monday, May 11th, 2009

Dana Gas provides updates on its Nile Delta operations Dana Gas, the Middle East's first and largest regional private sector natural gas company, has increased production through its El Wastani gas ...


Apache Drills Three Oil and Gas Discoveries in Egypt’s Western Desert

Tuesday, May 5th, 2009

Apache Corporation (NYSE, Nasdaq: APA) today reported two new Jurassic oil and gas field discoveries in the Faghur Basin play in the extreme southwest part of Egypt's Western Desert producing ...


Dana Gas PJSC, appointment of three new members to its Board of Directors

Monday, April 27th, 2009

Dana Gas PJSC, the Middle East’s first and largest private-sector gas company, has announced the appointment of three new members to its Board of Directors – Sheikha Hanadi Nasser Bin ...


Dana Gas Announces First Gas Production From Al Basant Discovery And Its First Horizontal Well El Wastani East in Egypt.

Monday, April 6th, 2009

Dana Gas, the Middle East's first and largest regional private sector natural gas company, is pleased to announce that it had started its first production from the recent gas & ...


KBR Awarded FEED Contract for Ammonium Nitrate Plant

Thursday, March 26th, 2009

at Petrochemical Complex by Egypt Hydrocarbon Corporation (EHC) HOUSTON--(BUSINESS WIRE)--KBR (NYSE: KBR) today announced that it has been awarded a contract by Egypt Hydrocarbon Corporation (EHC) to complete a Front End ...


RWE Dea records second-highest earnings in its corporate history

Tuesday, March 24th, 2009

Growth strategy being consistently implemented Good business performance in a difficult market environment Increase in investments and size of workforce “With an operating result of 494 million euros, RWE Dea recorded the second-highest ...


Dana Gas discovers 100 billion cubic feet of gas in Egypt

Monday, February 23rd, 2009

New discovery from ‘Azhar-1’ well fifth in a row for the company Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced another significant gas ...


Dana Gas Chairman meets Egyptian Prime Minister

Thursday, February 19th, 2009

Introduces Egypt Gas City at Cairo Business Roundtable His Excellency Dr. Ahmed Nazif, the Prime Minister of Egypt, met Mr Hamid Jafar, Executive Chairman of Dana Gas,  at the Economist Conference’s ...


Dana Gas announces further gas discovery in Egypt

Monday, February 16th, 2009

New discovery from ‘West Manzala 2’ well is fourth in a row for Company Dana Gas, the Middle East's first and largest regional private sector natural gas company, has made its ...


RWE Dea swaps Egypt upstream acreage with El Paso

Tuesday, February 10th, 2009

RWE Dea AG, Hamburg, and El Paso Exploration and Production Company, Houston (USA), have entered into an agreement to exchange interests in adjoining exploration acreage holdings in Egypt. Each company has ...


TECHNIP AWARDED CONTRACT FOR THE MIDOR REFINERY IN EGYPT

Friday, February 6th, 2009

Technip has been awarded by Middle East Oil Refinery (MIDOR) an EPC(1) contract, estimated at approximately €43 million, for the expansion of the delayed coking(2) unit of its refinery in ...


Exploration & Exploitation Oil News, w/e 18/01

Wednesday, January 21st, 2009

Libya to invest in Egypt's oil refinery Libya revealed that it will invest in an oil refinery and a number of construction projects in Egypt. “The working groups between Egypt and Libya ...


TransGlobe Energy Corporation Provides Operational Update and Guidance for 2009

Wednesday, January 21st, 2009

CALGARY, ALBERTA--(Marketwire - Jan. 20, 2009) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL) (NASDAQ:TGA) is pleased to provide an update on its operations and production guidance for 2009. OPERATIONS ...


Appraisal Well Discovery on NW Gemsa Concession, Egypt

Thursday, January 15th, 2009

Circle Oil plc (AIM: COP), the international oil and gas exploration and development company, is pleased to announce that the Al Amir SE-2X appraisal well has been drilled in the ...


New Dana Gas discoveries expected to Double Company’s Egypt gas reserves

Monday, January 12th, 2009

Salma-1 discovery set to add over 200 billion cubic feet of gas Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced that its current ...


Dana Gas announces further important gas discovery in Egypt

Tuesday, January 6th, 2009

El Basant-2 well boosts company reserves and production potential for 2009 Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced a significant gas and ...


Dekhila-1x successful in Egypt

Thursday, December 18th, 2008

A further exploration success for RWE Dea: The Dekhila-1x well hits gas and oil in the West Mediterranean Block 1 concession. Drilling operations on the Dekhila-1x exploration well on the West ...


Apache’s WKAL-C-1X Discovery in Egypt

Thursday, October 30th, 2008

Apache Corporation (NYSE, Nasdaq: APA) reported today that the WKAL-C-1X discovery on the West Kalabsha concession established the westernmost production in Egypt's Western Desert. The well flowed 4,746 barrels of ...