Africa News P.08
Political Review
Tragedy and Hope
BP to Resume Operations in Libya
Egypt’s Petroleum Sector in Light of the Economic Programs of Presidential Hopefuls.
Technology P.22
Weatherford’s Microflux™ Control System
P.14
Bullion Market Price 1650.85
GOLD
Percentage -1.51%
Crude Oil USD/BBL
WTI BRENT
Price 31.54
Price 103.39 120.42
SILVER
HIGHLIGHT
Percentage -4.25%
Egypt Evaluates $6 Million in Downstream Projects
Percentage -2.67% -3.23%
June 2012
Issue 66
24 Pages
www.egyptoil-gas.com
EGAS 2012 Bid Round
Bold Modifications to Lure Bold Investments Geologist Mostafa El-Bahr, EGAS Vice Chairman for Exploration and Agreements talks to Egypt Oil & Gas about the new Bid Round and Future of Mediterranean E&P P.16
Egypt News
Egypt News
Dana Petroleum Drills Two New Gulf of Suez Wells
Eni Strikes Giant Western Desert Oil Discovery Italian petroleum operator Eni has made a major oil discovery at the Emry Deep exploration prospect, located in the Meleiha Concession, in the Western Desert of Egypt. The drilling of the well is part of Eni’s strategy to refocus exploration activities in Egypt by targeting deeper plays in the Western Desert. P.04
Dana Petroleum has completed two successful exploratory wells in North Zeit Bay onshore the Gulf of Suez. The endeavor comes in consistence with company’s drilling plan for the 2011-2012 fiscal year.
P.04