The field is at a development stage with heavy oil (16-18° API) in shallow reservoirs and light oil potential in deeper reservoirs.
11.09.2014 Stock Market Wire
Move should spark investment in alternative forms of energy in Egypt - hit hard by an energy crisis in recent years.
10.09.2014 Ahram Online
Egypt's oil ministry and Norway's Hoegh LNG said in May they had agreed for Egypt to use one of Hoegh's Floating Storage and Regasification Units.
10.09.2014 Ahram Online
The solutions are known, but the will to implement them is absent, say energy experts discussing Egypt's energy crisis.
08.09.2014 Ahram Online
The president added that these funds will be invested to enable power stations to bear the increasing demands.
07.09.2014 Daily News Egypt
Loan will repay around 25 percent of $6 billion debt to foreign oil companies working in Egypt, amid drive to increase foreign investment.
03.09.2014 Ahram Online
By contract, the Idku liquefaction plant should be pumped 1.13bn cubic feet of gas per day, but the rates have been decreasing gradually.
02.09.2014 Daily News Egypt
Egypt will receive gas imported from Israel at a price no greater than $8 per million BTUs compared to an average price of $16 per million BTUs.
31.08.2014 Daily News Egypt
"We will complete all the details this week and the first shipment will be sent next week," the official said, referring to the UAE agreement.
01.09.2014 Reuters
The new well control system can now manage the production from additional wells simultaneously.
31.08.2014 Zawya