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Egypt Oil & Gas News

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. ...
BP to Invest $13b in Egypt before 2020
BP to Invest $13b in Egypt before 2020 EG >> 11/14/2016 - British oil company BP Global has plans to invest some $13 billion in Egypt before 2020, the UK embassy in Cairo said in a statement. ...
SDX Energy Provides Operations Update
SDX Energy Provides Operations Update EG >> 11/14/2016 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to provide an operational update on its South Disouq and Meseda concessions in Egypt. ...
Petroleum Cooperation Talks between Egypt and Belarus
Petroleum Cooperation Talks between Egypt and Belarus EG >> 11/11/2016 - Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, discussed with Dr. Sergei Rachkov, Belarus Ambassador to Cairo ways of cooperation between the two countries in Oil and Mineral resour...
IMF Approves Biggest-Ever Mideast Loan to Revive Egyptís Economy
IMF Approves Biggest-Ever Mideast Loan to Revive Egyptís Economy EG >> 11/11/2016 - The International Monetary Fund approved a $12 billion loan program for Egypt to restore investor confidence and help revive an economy battered by years of political turmoil. ...
Aramco Halts Petroleum Product Shipments to Egypt until Further Notice
Aramco Halts Petroleum Product Shipments to Egypt until Further Notice EG >> 11/7/2016 - National oil firm Saudi Aramco informed Egyptian authorities that it would halt shipments of petroleum products to Egypt "until further notice", an Egyptian official told Reuters. ...
Egypt Delays Third LNG Terminal until Electricity Needs Determined
Egypt Delays Third LNG Terminal until Electricity Needs Determined EG >> 11/6/2016 - Egypt will delay plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG needs, an official at state gas buyer EGAS told. ...
GE Oil & Gas Expands its Services Facility in Egypt
GE Oil & Gas Expands its Services Facility in Egypt EG >> 11/3/2016 - Following a meeting with Mr. Mohamed Khodair, Chairman of the General Authority for Investment and Free Zones (GAFI), GE Oil & Gas has announced the expansion of its services facility in Egypt with an...
Two Offshore Contracts in Egypt for Van Oord
Two Offshore Contracts in Egypt for Van Oord EG >> 11/3/2016 - Van Oord has been awarded two contracts by international contractor Subsea 7. The assignments include the construction of a landfall and the execution of subsea rock installation works in Egypt. The p...
SOCAR & EGPC Sign Memorandum of Understanding
SOCAR & EGPC Sign Memorandum of Understanding EG >> 11/3/2016 - Rovnag Abdullayev, President of SOCAR, within his official visit to Egypt, held a meeting with Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla. ...
Amec Foster Wheeler Wins Engineering Contract in Egypt
Amec Foster Wheeler Wins Engineering Contract in Egypt EG >> 11/1/2016 - Amec Foster Wheeler announces the award of a contract by The National Company for Fertilizers & Chemicals (AGROCHEM) to supply material and detailed engineering for a steam reformer heater for its fer...
Iraqi President Received the Minister of Petroleum to Bolster Petroleum Partnership
Iraqi President Received the Minister of Petroleum to Bolster Petroleum Partnership EG >> 10/31/2016 - Dr. Fuad Masum , the Iraqi President received Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, and the accompanying delegation with the presence of the Egyptian Ambassador to Iraq, Dr...
Egypt Moves Closer to IMF Loan With China Currency Swap Deal
Egypt Moves Closer to IMF Loan With China Currency Swap Deal EG >> 10/30/2016 - Egypt has reached a currency swap agreement with China valued at $2.7 billion, moving closer to meet the terms required to clinch a $12 billion loan accord with the International Monetary Fund. ...
Reviewing the Various Aspects of Cooperation in the Field of Oil and Gas between Egypt and Jordan
Reviewing the Various Aspects of Cooperation in the Field of Oil and Gas between Egypt and Jordan EG >> 10/27/2016 - During his visit to the kingdom of Jordan on 27th of October 2016, Eng. Tarek El Molla was received by the Jordanian Prime Minister, Dr. Hani Al-Mulki, in the presence of the Jordanian Energy and Mine...
Dresser-Rand to Supply Turbine Generator Sets for Egypt's Zohr Field
Dresser-Rand to Supply Turbine Generator Sets for Egypt's Zohr Field EG >> 10/24/2016 - The Dresser-Rand business received an order from Egypt-based Belayim Petroleum Company (Petrobel) for three model SGT-400 industrial gas turbines, including associated electrical generators. The total...
Egypt Launches Record LNG Tender for 96 Cargoes
Egypt Launches Record LNG Tender for 96 Cargoes EG >> 10/24/2016 - Egypt launched the world's biggest tender for liquefied natural gas (LNG) as officials from top energy companies and trading houses converged on Cairo undeterred by new rules that could force them to ...
Inviting Egypt to Participate In the 27th International Energy Charter Conference
Inviting Egypt to Participate In the 27th International Energy Charter Conference EG >> 10/23/2016 - Eng. Tarek El Molla , Minister of Petroleum and Mineral Resources , discussed with the Japanese Ambassador to Egypt, Mr. Takehiro Kagawa, the joint cooperation horizons between the two countries and t...
Egypt Chases Own Energy Sources as Government Struggle to Meet Demand
Egypt Chases Own Energy Sources as Government Struggle to Meet Demand EG >> 10/23/2016 - Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in...
Subsea 7 Awarded Contract Offshore Egypt
Subsea 7 Awarded Contract Offshore Egypt EG >> 10/20/2016 - Subsea 7 S.A. announced the award of a substantial contract, offshore Egypt, by Pharaonic Petroleum Company to be executed at water depths of over 900 metres in the Atoll field. ...

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