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Egypt Oil & Gas News

Egypt’s Oil Minister Speaks at Offshore Technology Conference
Egypt’s Oil Minister Speaks at Offshore Technology Conference EG >> 5/3/2016 - Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, participates as a key speaker at the Offshore Technology Conference, the world’s largest offshore conference in the oil and gas ind...
DEA at Key Oil & Gas Trade Fair in Egypt – MOC 2016
DEA at Key Oil & Gas Trade Fair in Egypt – MOC 2016 EG >> 5/3/2016 - DEA Deutsche Erdoel AG produces oil and gas in Egypt for more than 30 years and is one of the leading foreign investors in the country. ...
Bechtel’s Thruplus® Delayed Coking Technology Selected for Egyptian Refinery
Bechtel’s Thruplus® Delayed Coking Technology Selected for Egyptian Refinery EG >> 5/2/2016 - Bechtel has signed a license agreement with Assiut Oil Refining Company (ASORC), a subsidiary of Egyptian General Petroleum Corporation (EGPC), for the process design of a delayed coking unit at the A...
Eni Makes Progress on $8 Bln Asset Sales Goal
Eni Makes Progress on $8 Bln Asset Sales Goal EG >> 4/29/2016 - Italy's Eni is well on track to sell assets worth 5 billion euros in the next two years as the oil major looks for resources to fund high-profile projects in Egypt and Mozambique and offset the impact...
Sisi Underlines Importance of Diversifying Energy Sources
Sisi Underlines Importance of Diversifying Energy Sources EG >> 4/27/2016 - President Abdel Fattah El Sisi underlined the importance of diversifying the sources of Egypt's access to electricity, especially through new and renewable energy sources. ...
President El-Sisi Meets Petroleum Minister
President El-Sisi Meets Petroleum Minister EG >> 4/27/2016 - President Abdel Fattah El Sisi held a meeting with Petroleum Minister Tareq Mulla. ...
EGPC to Buy Up to 138,000 Tonnes of 0.1 Pct Gasoil
EGPC to Buy Up to 138,000 Tonnes of 0.1 Pct Gasoil EG >> 4/25/2016 - Egypt's EGPC issued a tender to buy up to 138,000 tonnes of 0.1 percent gasoil in May, according to the tender documents. ...
Energean Completes a 2D Seismic Survey in Egypt
Energean Completes a 2D Seismic Survey in Egypt EG >> 4/25/2016 - Energean Oil & Gas has completed a new 2D seismic survey over the West Baliana interior rift basin at the North of West Komombo-Block3 concession area, onshore Egypt. ...
EDF Signs 5 MOUs with Egypt
EDF Signs 5 MOUs with Egypt EG >> 4/20/2016 - On the occasion of the State visit by the President of the French Republic, François Hollande, EDF has signed five memoranda of understanding thus confirming its strategy for developing low carbon ene...
The Heads of the international oil companies’ view of the " 8th MOC -2016"
The Heads of the international oil companies’ view of the EG >> 4/19/2016 - Eng. Hisham Mekkawy, BP regional president of North Africa reviewed the company’s experience in Egypt, pointing out that BP is proud of its long history of partnership with Egypt, which extends for mo...
Egypt to Launch New Oil Exploration Round Next Week
Egypt to Launch New Oil Exploration Round Next Week EG >> 4/19/2016 - Egypt plans to launch a new oil exploration round next week, offering 11 blocks in the Western desert and the Gulf of Suez, Petroleum Minister Tarek al-Molla said. ...
Engie Signs Renewable Energy & LNG Agreements With Egypt
Engie Signs Renewable Energy & LNG Agreements With Egypt EG >> 4/18/2016 - French energy company Engie has signed agreements on developing renewable energies and importing liquefied natural gas (LNG) with various Egyptian companies during a visit by French President Francois...
Rockhopper Makes Acquisition of Non-Operated E&P Assets in Egypt
Rockhopper Makes Acquisition of Non-Operated E&P Assets in Egypt EG >> 4/18/2016 - Rockhopper Exploration plc, the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce amended terms for...
Suez Canal Revenues Up 6.5% in 1st Quarter of 2016
Suez Canal Revenues Up 6.5% in 1st Quarter of 2016 EG >> 4/17/2016 - President Abdel Fattah El Sisi held a meeting with head of the Suez Canal Authority Mohab Mamish. ...
Minister of Petroleum to Open the 8th Offshore "MOC 2016"
Minister of Petroleum to Open the 8th Offshore EG >> 4/17/2016 - On next Tuesday 19th April, 2016, Eng. Tarek El Molla Minister of Petroleum and Mineral Resources to open in Alexandria the 8th Mediterranean Offshore Conference & Exhibition MOC 2016, which will be h...
Eni to Invest 20 Bln Euros in Africa in Next Four Years
Eni to Invest 20 Bln Euros in Africa in Next Four Years EG >> 4/15/2016 - Italy's Eni plans to invest about 20 billion euros ($22.5 billion) in Africa over the next fours, mostly in oil and gas, the company's Chief Executive Officer Claudio Descalzi said. ...
Eni Focused on Starting up Zohr Field by End-2017
Eni Focused on Starting up Zohr Field by End-2017 EG >> 4/15/2016 - Italy's Eni is focused on starting production at its giant offshore Zohr gas field in Egypt by end-2017, the company's Chief Executive Officer Claudio Descalzi said. ...
D.Bank, HSBC, Kfw Fix 3.5bn Euros Finance for Egypt Power Plants
D.Bank, HSBC, Kfw Fix 3.5bn Euros Finance for Egypt Power Plants EG >> 4/13/2016 - Deutsche Bank, HSBC and KfW's Ipex Bank have arranged 3.5 billion euros ($4 billion) in financing for Egypt's state-owned electricity company EEHC to buy three gas power plants from Siemens, Deutsche ...
Egypt Energy Sector Attracted Investments Exceeding $21 Billion
Egypt Energy Sector Attracted Investments Exceeding $21 Billion EG >> 4/13/2016 - King Salman of Saudi Arabia visit, Last week, to Egypt included a pledge to finance Egypt Energy Sector with more then $20 Billion. ...
Egypt Agrees $23bn Deal to Buy Saudi Oil Products
Egypt Agrees $23bn Deal to Buy Saudi Oil Products EG >> 4/11/2016 - Saudi Arabia is to provide Egypt with 700,000 tonnes of petroleum products a month under a $23 billion (16 billion pounds) deal over five years between Saudi Aramco and the Egyptian General Petroleum ...
Apache to Invest $1b in Egypt in FY 2016-17
Apache to Invest $1b in Egypt in FY 2016-17 EG >> 4/8/2016 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received John Christman Apache’s CEO, Stephen Riney and Timothy Sullivan , Executive Vice Presidents, during their visit to Cairo with ...
Egypt Replaces Heads of State Oil & Gas Companies
Egypt Replaces Heads of State Oil & Gas Companies EG >> 4/7/2016 - Egyptian Oil Minister Tarek al-Molla replaced the heads of state oil company EGPC and state gas company EGAS, part of a slew of new appointments in the Egyptian energy sector. ...
Egypt's Debts to Foreign Oil Companies Up to $3.2 Bln
Egypt's Debts to Foreign Oil Companies Up to $3.2 Bln EG >> 4/6/2016 - Egypt's outstanding arrears to foreign oil companies rose to $3.2 billion at the end of March from $3 billion at the end of December, an official at the ministry of petroleum. ...
Egypt to Sign Financial Agreements with Saudi Arabia Worth $22bln
Egypt to Sign Financial Agreements with Saudi Arabia Worth $22bln EG >> 4/5/2016 - Egypt will sign the final version of four funding accords with Saudi Arabia worth roughly $22 billion, to come into effect as of Friday, during King Salman's first official visit to Cairo, official so...
Worleyparsons Lands PMC Project for Assiut Refinery in Egypt
Worleyparsons Lands PMC Project for Assiut Refinery in Egypt EG >> 3/27/2016 - WorleyParsons received a Letter of Award from a new customer, Assiut Oil Refining Company (ASORC), a subsidiary of the main NOC Egyptian General Petroleum Corporation (EGPC), for work on the Assiut re...
Egypt Fails to Secure April LNG Shipments
Egypt Fails to Secure April LNG Shipments EG >> 3/25/2016 - Egypt's state-owned EGAS has so far failed to fill a tender to buy two liquefied natural gas (LNG) shipments due in April, trade sources said. ...
BG Egypt Not to Halt Works in Some Development Wells
BG Egypt Not to Halt Works in Some Development Wells EG >> 3/23/2016 - An official source at Egyptian petroleum ministry negated that BG Egypt has halted work at some development projects in Egypt after the company could not reach agreement over the price of gas with the...
BG Egypt Suspends Some Development Wells over Price Dispute
BG Egypt Suspends Some Development Wells over Price Dispute EG >> 3/22/2016 - BG Egypt has suspended work at some Egyptian development projects after it failed to agree with the government on the price of gas, an Egyptian General Petroleum Corp (EGPC) official told Reuters. ...
3D Seismic Programme on South Disouq Egypt
3D Seismic Programme on South Disouq Egypt EG >> 3/16/2016 - SDX Energy Inc. is pleased to provide an update on its activities at its South Disouq asset located onshore Nile Delta Egypt. Further to the announcement on 10 November 2015, regarding the signing of ...
Iraq Signs MOU with Egypt for Oil & Gas Corporation
Iraq Signs MOU with Egypt for Oil & Gas Corporation EG >> 3/14/2016 - During a visit to Egypt, Mr. Adil Abd Al-Mahdi the Minister of Oil in Iraq participated in discussions with Egypt and Jordan about the possibility of an oil and gas pipeline. ...

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