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Iraq to Provide Egypt with First Petroleum Shipment in Days
Iraq to Provide Egypt with First Petroleum Shipment in Days EG >> 1/11/2017 - Iraq's Ambassador to Cairo Habib El-Sadr has said his country to provide Egypt with the first petroleum shipment from Al-Basra Oil Terminal within days, according to a recent agreement signed between ...
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation EG >> 1/6/2017 - Eng. Tarek El Molla Minister of Petroleum and Mineral Resources received Dr. Stelios Nicolaides, Director, Hydrocarbons Service, Ministry of Energy, Commerce, Industry and Tourism. In the presence of ...
Significant Assets Movements in Zohr Field
Significant Assets Movements in Zohr Field EG >> 12/28/2016 - Zohr Field has a big movement between its partners: ...
France to Provide 175m Euros to Fund Egypt's Energy Sector
France to Provide 175m Euros to Fund Egypt's Energy Sector EG >> 12/27/2016 - France plans to provide 175 million euros to finance Egypt's energy sector, French Minister of Development and Francophone Jean-Marie Le Guen said during a meeting in Cairo with International Cooperat...
Eni Signs Concession Agreements for Two New Exploration Blocks
Eni Signs Concession Agreements for Two New Exploration Blocks EG >> 12/27/2016 - Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, located in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round...
Egypt Seeks to Import Crude Directly from Iraq
Egypt Seeks to Import Crude Directly from Iraq EG >> 12/22/2016 - Egypt's Petroleum Minister Tarek El Molla said his country was seeking to reach an agreement with Iraq over importing crude oil directly and that he hoped to finalise the deal by the first quarter of ...
Egypt Signs Second $1b Loan Tranche Agreement with World Bank
Egypt Signs Second $1b Loan Tranche Agreement with World Bank EG >> 12/22/2016 - Egypt's Minister of International Cooperation Sahar Nasr signed a second $1 billion tranche loan agreement with the director of the World Bank in Cairo. ...
Doosan to Supply Turbines & Generators to Egyptís State Power Companies
Doosan to Supply Turbines & Generators to Egyptís State Power Companies EG >> 12/20/2016 - Doosan Heavy Industries & Construction has reentered the Egyptian power market for the first time in six years, as well as winning successive orders in Africa since winning a project to improve the pe...
Apex International Energy Expands Global Team
Apex International Energy Expands Global Team EG >> 12/19/2016 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has expanded its leadership team with the additions of David A...
Egyptian Ė French Talks in the Oil & Gas Domain
Egyptian Ė French Talks in the Oil & Gas Domain EG >> 12/14/2016 - Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, received Maria Moraeus, ENGIE E&P Chief Executive Officer, where the two sides discussed bolstering relations and the available invest...
Egypt Cancels Tender to Rent Third LNG Regasification Terminal
Egypt Cancels Tender to Rent Third LNG Regasification Terminal EG >> 12/13/2016 - Egypt has cancelled its tender to rent a third natural gas import (LNG) regasification terminal as it is no longer needed, Oil Minister Tarek El Molla told Reuters. ...
Minister of Petroleum to meet with Rosneft Chief Executive Igor Sechin
Minister of Petroleum to meet with Rosneft Chief Executive Igor Sechin EG >> 12/12/2016 - Rosneft Chief Executive Igor Sechin arrived yesterday in Cairo to meet tith Minister of Petroleum and Mineral Resources Tarek El Molla, to discuss existing and potential opportunities in Egyptís oil a...
Eni Sells 30% Stake in Egypt's Zohr Gas Field to Rosneft
Eni Sells 30% Stake in Egypt's Zohr Gas Field to Rosneft EG >> 12/12/2016 - Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant gas field Zohr is located. Eni, through its subsidiary IEOC, currently h...
Shell Appoints Gasser Hanter to Head Egypt Business
Shell Appoints Gasser Hanter to Head Egypt Business EG >> 12/8/2016 - Royal Dutch Shell has appointed Gasser Hanter to head its Egypt business. Hanter, who is Egyptian, was named as upstream vice-president and managing director in Egypt. He replaces Aidan Murphy, who ha...
The Minister of Petroleum & Kuwaiti Ambassador Talks in Oil and Gas Field
The Minister of Petroleum & Kuwaiti Ambassador Talks in Oil and Gas Field EG >> 12/7/2016 - Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources, received the Kuwaiti Ambassador to Egypt, Mohammed Saleh Al Thuwaikh where they reviewed joint cooperation domains between the two...
EGPC to Receive $200m Afreximbank Support
EGPC to Receive $200m Afreximbank Support EG >> 12/6/2016 - The African Export-Import Bank (Afreximbank) in Cairo signed a $200-million loan facility agreement with the Egyptian General Petroleum Company (EGPC) to support the expansion of electricity generatio...
Egypt, China Sign $2.6B Currency Swap Boosting Pound Flotation
Egypt, China Sign $2.6B Currency Swap Boosting Pound Flotation EG >> 12/6/2016 - Egypt and China signed a currency-swap deal for about $2.6 billion, allowing the North African nation to shore up foreign reserves after floating its currency last month. ...
Rosneft Board to Discuss Buying Stake in Shorouk Concession
Rosneft Board to Discuss Buying Stake in Shorouk Concession EG >> 12/5/2016 - The board of Russia's Rosneft plans to discuss buying a stake of up to 35 percent in the Shorouk concession, offshore Egypt, the company said. ...
Egypt Accepts Six Bids for Oil and Gas Exploration
Egypt Accepts Six Bids for Oil and Gas Exploration EG >> 12/2/2016 - Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the Ministry of Petroleum said. ...
Apex International Energy Awarded First Blocks in Egypt
Apex International Energy Awarded First Blocks in Egypt EG >> 12/2/2016 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has been awarded Blocks 8 and 9 by the Egyptian General Petrol...
Egypt, Russia to Sign Nuclear Plant Contract before End of 2016
Egypt, Russia to Sign Nuclear Plant Contract before End of 2016 EG >> 11/28/2016 - Russian Trade Representative in Cairo Fedor Lukashin said evening that the signing ceremony of the Dabaa nuclear power plant contract is expected before the end of the year. ...
Eni Aiming to Cut Stake in Egypt's Zohr Offshore Gas Find to 50%
Eni Aiming to Cut Stake in Egypt's Zohr Offshore Gas Find to 50% EG >> 11/28/2016 - Italian oil and gas company Eni is in talks with various parties to cut its stake in the giant Zohr gas field offshore Egypt to 50 percent, Chief Executive Claudio Descalzi said. ...
Glencore Comes out Top as Egypt Awards Mega LNG Import Tender
Glencore Comes out Top as Egypt Awards Mega LNG Import Tender EG >> 11/28/2016 - Egypt will import around 60 cargoes of liquefied natural gas (LNG) next year and Glencore will be the biggest supplier, trading sources with knowledge of the results of Egypt's mega tender for 2017 an...
BP Buys 10% Interest in Egyptís Super Giant Zohr Gas Field
BP Buys 10% Interest in Egyptís Super Giant Zohr Gas Field EG >> 11/25/2016 - BP has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for $375 million. On closing, BP will also reimburse Eni for BPís ...
Govt to Review Tenders Concluded prior to Pound Flotation
Govt to Review Tenders Concluded prior to Pound Flotation EG >> 11/22/2016 - The chairman of the Federation of Industries, Mohamed Al-Sweidy, announced the approval of the Cabinet on the formation of a government commission to review tenders and contracts between the governmen...
Minister of Petroleum Meets with Eniís Chairman
Minister of Petroleum Meets with Eniís Chairman EG >> 11/22/2016 - Minister of Petroleum and Mineral Resources Eng. Tarek El Molla held a meeting with Emma Marcegaglia Eniís Chairman in the presence of Adriano Mongini Executive Vice President North Africa at Eni to d...
Eni Says Egypt Nooros Gas Field Producing 900mln/d
Eni Says Egypt Nooros Gas Field Producing 900mln/d EG >> 11/21/2016 - Italian oil major Eni said its Egypt Nooros field is a producing almost 900 million cubic feet of gas per day and will top 1 billion cubic feet per day in the first quarter of 2017, Egypt's state news...
Kuwait Said to Renew Contract to Supply Crude Oil to Egypt
Kuwait Said to Renew Contract to Supply Crude Oil to Egypt EG >> 11/17/2016 - Kuwait renewed a contract to supply Egypt with crude oil for the next three years, according to a senior Kuwaiti government official, who said the shipments are not intended to make up for the loss of...
Health, Safety and Environment Protection Workshop in Upstream Activities in Oil and Gas Industry
Health, Safety and Environment Protection Workshop in Upstream Activities in Oil and Gas Industry EG >> 11/15/2016 - Within the framework of Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources initiative for Health, Safety and Environment Protection Workshop in Upstream activities in Oil and Gas Industr...
Kuwait to Provide Egypt with 2 million barrels of oil per month
Kuwait to Provide Egypt with 2 million barrels of oil per month EG >> 11/15/2016 - Kuwaitís cabinet approved an extension of its oil exports to Egypt starting from January, with a grace period of nine months, Kuwaiti newspaper Alrai reported, citing ministerial sources. ...

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