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Onesubsea Wins Contract for Offshore Taurus Libra
4/23/2015 - OneSubsea, and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt. ...Full Story

Eni Doubles Output in Egyptís Western Desert
4/20/2015 - Eni reached a record level of production of 70 thousand barrels of oil per day in the Western Desert of Egypt, doubling its level of production in the area in just three years. Such result was achieve...Full Story

ADNOC to Start Monthly Oil Product Deliveries to Egypt
4/16/2015 - State-run Abu Dhabi National Oil Company will start monthly deliveries of $400 million of petroleum products to Egypt from next week until the end of October, a source at the state-owned Egyptian Gene...Full Story

Egypt Signs MOUs with Kuwaiti for $1.6b in Energy Projects
4/15/2015 - Egypt has signed preliminary deals with Kuwait's Alghanim International for two energy-related projects worth a total of $1.6 billion, its prime minister said in a statement. ...Full Story

Enel Could Sell Assets in Algeria and Egypt
4/15/2015 - Enel SpA, Italyís largest utility, is considering a sale of assets across Europe and Africa that may raise as much as 1 billion euros ($1.1 billion), people with knowledge of the matter said. ...Full Story

Egypt to Import $3.55b Worth of LNG in 2015-2016
4/14/2015 - Egypt will import around $3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at state-owned Egyptian General Petroleum Corporation (EGPC) said. ...Full Story

MIDOR Signs $1.4b Deal to Expand MIDOR Refinery
4/9/2015 - The Petroleum Minister Eng. Sherif Ismail has attended the signing ceremony of two agreements between the Middle East Oil Refinery (MIDOR) and the International Company (UOP), aiming at expanding MIDO...Full Story

Kuwait Energy Makes Discovery at Abu Sennan
4/7/2015 - Kuwait Energy declares that the exploration well ASH-1ST on the Abu Sennan concession, located in the Western Desert onshore Egypt discovered hydrocarbons in the Alam El Bueib (Early Cretaceous) Forma...Full Story

New Oil Discovery in Western Desert
4/4/2015 - The General Petroleum Co. has made a new oil discovery in Abu Senan area in the Western Desert. ...Full Story

Gas Import Terminal Arrives in Egypt
4/2/2015 - A long-delayed liquefied natural gas (LNG) import terminal has arrived in Egypt with a cargo of 160,000 cubic metres of LNG, an official at state gas board EGAS told Reuters. ...Full Story

Gas shortage halts operations in fertilizer, iron plants
4/1/2015 - The majority of reinforcing steel and fertilizer plants in Egypt have halted operations as a natural gas shortage hits the country and supplies shrink from the national holding company. ...Full Story

ADNOC Issues Tender to Buy Gasoil, Gasoline for Egypt
4/1/2015 - Abu Dhabi National Oil Co issued a tender to buy up to nine cargoes, or 300,000 tonnes, of gasoil for delivery into Egypt in April, traders said. ...Full Story

Apache Reports Strong Results from Discoveries in Egypt
3/31/2015 - Apache Corporation reported strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert. The initial discover...Full Story

Egypt Spends 30 Pct Less on Fuel Subsidies in Fiscal H1
3/30/2015 - Egypt's fuel subsidy bill for the first half of the current fiscal year fell to 44.8 billion Egyptian pounds ($5.9 billion) from 64.5 billion a year earlier, the finance ministry said.

The ...Full Story


Egyptís Revenues $1b Monthly from Oil Companies
9/25/2014 - Egypt's state-run Egyptian General Petroleum Corporation (EGPC) declared that Egypt received a share of the foreign partnerís oil and gas revenues of US$1 billion per month and is repaying around $700...Full Story


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