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Egypt Oil & Gas News

Noble Energy Executes Gas Sales Agreements for Export of Gas to Egypt
Noble Energy Executes Gas Sales Agreements for Export of Gas to Egypt EG >> 2/19/2018 - Noble Energy, Inc. has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt. These agreements, one ...
Egypt to Import 3 LNG Cargoes from France's Engie for Q2 2018
Egypt to Import 3 LNG Cargoes from France's Engie for Q2 2018 EG >> 2/18/2018 - Egyptian Natural Gas Holding Company (EGAS) has arranged for the delivery of three liquefied natural gas (LNG) cargoes from France’s Engie in the second quarter of 2018, EGAS sources said. ...
C-Kore’s Subsea Testing Units Deployed off Egypt
C-Kore’s Subsea Testing Units Deployed off Egypt EG >> 2/14/2018 - C-Kore Systems closed off an excellent 2017 with an installation/commissioning campaign for the Egyptian Atoll project in collaboration with Subsea 7’s office in Paris. The C-Kore Subsea Testing units...
Egypt's Petroleum Ministry & Baker Hughes Sign Cooperation Agreement
Egypt's Petroleum Ministry & Baker Hughes Sign Cooperation Agreement EG >> 2/13/2018 - The Egyptian Petroleum Ministry signed an agreement with Baker Hughes, a GE company, to establish an online portal to promote Egypt's oil and gas exploration zones in a bid to attract foreign investme...
Kuwait Energy Announces Oil Discovery at Area A, Egypt
Kuwait Energy Announces Oil Discovery at Area A, Egypt EG >> 2/13/2018 - Kuwait Energy is pleased to announce an oil discovery in the Area A concession situated in the Eastern Desert, Egypt. ...
SDX Energy Provides Operations Update in Egypt & Moroco
SDX Energy Provides Operations Update in Egypt & Moroco EG >> 2/13/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to provide an operations update. ...
DEA Boosts Oil and Gas Production in Egypt
DEA Boosts Oil and Gas Production in Egypt EG >> 2/12/2018 - DEA Deutsche Erdoel AG announces a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta. The next phase of the West Nile ...
President Sisi Inaugurates Second Edition of Egypt Petroleum Show
President Sisi Inaugurates Second Edition of Egypt Petroleum Show EG >> 2/12/2018 - President Abdel-Fattah El-Sisi inaugurated the second edition of the Egypt Petroleum Show (EGYPS), which brings together oil and gas industry executives and policy makers to showcase investment opport...
BP Begins Production from Egypt’s Atoll Gas Field
BP Begins Production from Egypt’s Atoll Gas Field EG >> 2/12/2018 - BP announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of sch...
Egypt Steps Up Efforts to Attract Gulf of Suez Investment
Egypt Steps Up Efforts to Attract Gulf of Suez Investment EG >> 2/12/2018 - Egyptian oil minister Tarek El Molla announced an agreement with an international company to conduct a seismic survey of the Gulf of Suez to attract exploration investment in the area. ...
Turkey Does Not Have the Power to Disrupt Egyptian-Cypriot Interests
Turkey Does Not Have the Power to Disrupt Egyptian-Cypriot Interests EG >> 2/11/2018 - Ambassador of Cyprus to Cairo Khris Moritissis held a meeting with Tareq Radwan, head of the Egyptian parliament's committee on foreign relations. ...
Energy Group DEA to Invest $500M in Egypt Oilfields
Energy Group DEA to Invest $500M in Egypt Oilfields EG >> 2/11/2018 - Energy group DEA plans to invest nearly $500 million in developing its oilfields in Egypt over the next three years, its chief executive office said. ...
Turky Rejectes the 2003 Egypt-Cyprus Border Demarcation
Turky Rejectes the 2003 Egypt-Cyprus Border Demarcation EG >> 2/7/2018 - Egypt warned against any attempts to infringe or disparage its sovereign rights in the eastern Mediterranean’s Exclusive Economic Zone (EEZ), following statements by Turkish Foreign Minister Mevlut Ca...
Xodus Opens First Office in Egypt
Xodus Opens First Office in Egypt EG >> 2/6/2018 - Xodus Group has appointed its first general manager in Egypt as the company aims to build on its track record in the country and target upcoming new contracts. ...
Egypt & Kuwait Talk for Investment Opportunities
Egypt & Kuwait Talk for Investment Opportunities EG >> 2/5/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources recieved Dr. Abby Badawi, CEO of Kuwait Energy Company and Eng. Manssour Aboukhamseen, Executive chairman of the company, as well as En...
Egypt & Kuwait Discuss Boosting Cooperation in Oil Field
Egypt & Kuwait Discuss Boosting Cooperation in Oil Field EG >> 2/2/2018 - Petroleum Minister Tareq el Molla discussed in a meeting with CEO of Kuwait Petroleum Corporation (KPC) Nizar Mohammad Al Adsani ways of boosting bilateral cooperation and available investment opportu...
International Islamic Trade Opens $400M Credit Line for Egypt
International Islamic Trade Opens $400M Credit Line for Egypt EG >> 2/1/2018 - International Islamic Trade Finance Corporation this week opened a credit line worth $400 million for Egypt to buy petroleum products in a last tranche of a $3 billion finance deal signed in 2015, Chi...
Egypt's Sisi Inaugurates First Stage of Giant Natural Gas Field
Egypt's Sisi Inaugurates First Stage of Giant Natural Gas Field EG >> 1/31/2018 - Egypt’s President Abdel-Fattah El-Sisi is set to inaugurate the first stage of super-giant Zohr gas field, bringing the country closer to achieving its goal of self-sufficiency in the supply of liquef...
Yokogawa Awarded EPMS and SCADA Order in Egypt
Yokogawa Awarded EPMS and SCADA Order in Egypt EG >> 1/29/2018 - Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Middle East & Africa B.S.C.(c), has received an order from the state-owned Egyptian Natural Gas Company (GASCO), operator of the c...
Subsea 7 Utilise C-Worker 7 Autonomous Surface Vessel in Egypt
Subsea 7 Utilise C-Worker 7 Autonomous Surface Vessel in Egypt EG >> 1/19/2018 - ASV Global is delighted to announce the successful deployment of one of its C-Worker 7 class of autonomous surface vessels for Subsea 7. The 7m autonomous surface vessel was used to support a pipelay ...
Masdar in $900M Egypt Wind Plan
Masdar in $900M Egypt Wind Plan EG >> 1/17/2018 - Three companies including Japan’s Marubeni Corp. and Abu Dhabi Future Energy Co., also known as Masdar, teamed up to invest about $900 million in Egyptian wind parks. ...
World Bank Provides Credit Facilities for Egyptian Solar Project
World Bank Provides Credit Facilities for Egyptian Solar Project EG >> 1/11/2018 - The World Bank's Multilateral Investment Guarantee Agency (MIGA) announced that it will provide Egypt with $102.6 million in credit facilities to support the construction, operation and maintenance of...
ADES Extends Three Major Contracts in the Gulf of Suez
ADES Extends Three Major Contracts in the Gulf of Suez EG >> 1/11/2018 - ADES International Holding Ltd. (ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, ha...
Petroleum Minister Meeting with CEO of the German DEA
Petroleum Minister Meeting with CEO of the German DEA EG >> 1/10/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mrs. Maria Moraeus Hanssen, CEO of the German company DEA and the accompanying delegation. During the meeting, they reviewed t...
TransGlobe Announces 2018 Capital Program of $29.1M for Egypt
EG >> 1/10/2018 - TransGlobe Energy Corporation (TGL) (TGA) (“TransGlobe”) announces the 2018 capital budget and promotions. All dollar values are expressed in US dollars unless otherwise stated. ...
Ali Badr Appointed Chairman of Amerya Petroleum Refining Company
Ali Badr Appointed Chairman of Amerya Petroleum Refining Company EG >> 1/8/2018 - The Minister of Petroleum and Mineral Resources, Tareq Al-Mulla, appoints Ali Fuad Badr as the Chairman of the Board of Directors of Amerya Petroleum Refining Company (APRC).
Egypt Closes in on Energy Hub Goal
EG >> 12/28/2017 - Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez in the coming days, another step in its plan to become a regional energy hub. ...
Agreement between MIIC & EBRD Worth $200M
Agreement between MIIC & EBRD Worth $200M EG >> 12/27/2017 - The Minister of Investment and International Cooperation Dr. Sahar Nasr signed an agreement worth USD 200 million with Director of Natural Resources at the European Bank for Reconstruction and Develop...
Establishing A $100M Synthetic Rubber Factory in Egypt
EG >> 12/21/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received a report from Chemist Saad Helal, Chairman of the Egyptian Petrochemicals Holding Company (ECHEM). The report clarified the pr...
TransGlobe Energy Announces Operations Update
TransGlobe Energy Announces Operations Update EG >> 12/20/2017 - TransGlobe Energy Corporation (TransGlobe) (TGL) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. ...

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