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Egypt Oil & Gas News

Spanish Interest to Invest in the Oil & Gas Industry in Egypt
Spanish Interest to Invest in the Oil & Gas Industry in Egypt EG >> 12/3/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with the Spanish Ambassador to Egypt, Ramon Gil-Casares, ways of boosting economic relations between the two countries in th...
Egypt Says U.S. Oil Firms Showing Appetite for Offshore Projects
Egypt Says U.S. Oil Firms Showing Appetite for Offshore Projects EG >> 11/24/2018 - Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding rounds due before year-end, Petroleum ...
Mulla & Fannon Discuss Boosting Oil & Gas Cooperation
Mulla & Fannon Discuss Boosting Oil & Gas Cooperation EG >> 11/19/2018 - Petroleum Minister Tareq el Mulla had talks with US Assistant State Secretary for Energy Resources Francis R. Fannon on means of promoting cooperation in the oil and natural gas domains in view of ong...
TransGlobe Announces Test Results for Oil Discovery in Egypt
TransGlobe Announces Test Results for Oil Discovery in Egypt EG >> 11/19/2018 - TransGlobe Energy Corporation announces the test results for the South Ghazalat 6X oil discovery. As announced on November 8th, 2018, the Company drilled the SGZ 6X exploration well to a total depth o...
Indorama Ventures Acquires 74% in Egypt’s Medco Plast
Indorama Ventures Acquires 74% in Egypt’s Medco Plast EG >> 11/14/2018 - Indorama Ventures Public Company Limited (IVL) has completed the acquisition of 74% of the share capital of Medco Plast for Packing and Packaging Systems S.A.E. (Medco Plast) from Middle East Glass Ma...
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks EG >> 10/31/2018 - Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed a $1.2 billion loan agreement with three international, the petroleum ministry said in a statement. ...
Petroleum Minister & Petronas Disscus Activities in Egypt
Petroleum Minister & Petronas Disscus Activities in Egypt EG >> 10/26/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla discussed with President and CEO of Malaysia’s Petronas Wan Zulkiflee means of boosting the Malaysian firm’s activities and investments in Eg...
Egypt to Offer First Petroleum Excavation Bid in Red Sea in 2018
Egypt to Offer First Petroleum Excavation Bid in Red Sea in 2018 EG >> 10/24/2018 - Egypt's Minister of Petroleum Tarek El-Molla has announced that Egypt will offer the first bid on oil and gas excavation in the Red Sea before the end of 2018 after processing seismic reflection data....
TransGlobe Energy Corporation Announces an Operations Update
TransGlobe Energy Corporation Announces an Operations Update EG >> 10/24/2018 - TransGlobe Energy Corporation (TransGlobe) announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. ...
Blue Water Energy to Enter Partnership with Apex International
Blue Water Energy to Enter Partnership with Apex International EG >> 10/22/2018 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt and other Middle Eastern and North African countries (MENA), today announced that affiliates o...
Oil Well Starts Production at West Nile Delta Project
Oil Well Starts Production at West Nile Delta Project EG >> 10/20/2018 - An oil well in the West Nile Delta Project's 9b phase started production, the Ministry of Petroleum and Mineral Resources said in a statement. ...
United Energy Group Will Invest in Egypt
United Energy Group Will Invest in Egypt EG >> 10/18/2018 - In Recent, Zhu Junfeng, CEO of United Energy Group, Mansour Bukhamseen, Board Chairman of Kuwait Energy Company and their delegators visited and met with Tarek Molla, Egypt Petroleum Minister. Molla w...
SDX Provides Update on Potential Acquisition
SDX Provides Update on Potential Acquisition EG >> 10/18/2018 - SDX Energy Inc., the North Africa focused oil and gas company, announces that, further to the announcement made on 20 September 2018, discussions regarding its proposed acquisition of a significant pa...
Egypt Planning New Oil, Gas Contracts to Attract Investors
Egypt Planning New Oil, Gas Contracts to Attract Investors EG >> 10/17/2018 - Egypt is working on a new model for future oil and natural gas production contracts in undeveloped areas to spur exploration and help become self-sufficient in energy, oil ministry and company officia...
Sisi Signs Law Amending Oil Exploration Agreement in Western Desert
Sisi Signs Law Amending Oil Exploration Agreement in Western Desert EG >> 10/16/2018 - President Abdel Fattah El Sisi has signed law no. 155 of 2018 licensing the minister of petroleum and mineral wealth to sign an agreement with the Egyptian General Petroleum Corporation and Apache Eas...
LNG Vessel to Leave Egypt before Weekend
LNG Vessel to Leave Egypt before Weekend EG >> 10/16/2018 - Egypt’s petroleum minister said that a regasification vessel would leave Egypt by the end of the week, a day after Norway’s Hoegh LNG said Egypt was to give up one of its two floating liquefied natura...
Egypt Signs Deal for Biggest Refinery Project in Country's South
Egypt Signs Deal for Biggest Refinery Project in Country's South EG >> 10/11/2018 - Egypt has signed a deal with Italy's Technip to set up a $1.9 billion refinery complex that will be the largest in the country's south as part of the government efforts to meet local market demands, t...
Mulla Lauds Oil Cooperation with Greece & Cyprus
Mulla Lauds Oil Cooperation with Greece & Cyprus EG >> 10/10/2018 - Minister of Petroleum Tarek el Mulla said that cooperation with Greece and Cyprus in the oil sector has been showing marked progress since launching the tripartite cooperation mechanism in 2014. ...
GE Power to Supply 4 Nuclear Turbine Islands for El Dabaa
GE Power to Supply 4 Nuclear Turbine Islands for El Dabaa EG >> 10/9/2018 - GE Power announced it won the contract to deliver the turbine island equipment for El Dabaa nuclear power plant project in Egypt through AAEM its joint venture with Atomenergomash. GE Power will suppl...
WorleyParsons Awarded PMC for Hydrocracking Complex in Egypt
WorleyParsons Awarded PMC for Hydrocracking Complex in Egypt EG >> 10/8/2018 - WorleyParsons has been awarded a four years project management consultancy (PMC) contract for the new Assiut Hydrocracking Complex (AHC Project) in Egypt, by Assiut National Oil Processing Company (AN...
Egypt Signs Deal for Sale of Stake in Oil Company ENPPI
Egypt Signs Deal for Sale of Stake in Oil Company ENPPI EG >> 10/5/2018 - Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state oil company Engineering for Petroleum and Process Industries (ENPPI) on the Egyptian stock exchange, th...
Noble Announces Pipeline Solution for Leviathan & Tamar Gas Exports to Egypt
Noble Announces Pipeline Solution for Leviathan & Tamar Gas Exports to Egypt EG >> 9/27/2018 - Noble Energy, Inc. has executed multiple agreements to support delivery of natural gas from the Leviathan and Tamar fields, offshore Israel, into Egypt. ...
Grace Licenses Technology to Sidi Kerir Petrochemicals Co
Grace Licenses Technology to Sidi Kerir Petrochemicals Co EG >> 9/25/2018 - W. R. Grace & Co. (GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP Process Technology to Sidi Kerir Petr...
Enppi & Wood Group Sign Partnership Deal
Enppi & Wood Group Sign Partnership Deal EG >> 9/24/2018 - Egypt’s state oil company Engineering for Petroleum and Process Industries (ENPPI) signed a deal with the UK’s Wood Group for a technical and engineering partnership on natural gas exploration and pro...
SOCO International to Acquire Merlon Petroleum
SOCO International to Acquire Merlon Petroleum EG >> 9/20/2018 - SOCO International plc has agreed to acquire Merlon Petroleum El Fayum Company for approximately US$215 million (the “Proposed Transaction”). Merlon is a privately owned oil and gas company with a 100...
Egypt, Cyprus Sign an Agreement to Construct the $800M Hope Pipeline
Egypt, Cyprus Sign an Agreement to Construct the $800M Hope Pipeline EG >> 9/19/2018 - The Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla, signed an agreement on September the 19th, to establish the...
EGAS Provided 2.1 Trillion Cubic Feet of Gas to Local Market in FY 2017/18
EGAS Provided 2.1 Trillion Cubic Feet of Gas to Local Market in FY 2017/18 EG >> 9/17/2018 - The Egyptian Natural Gas Holding Company (EGAS) provided 2.1 trillion cubic feet of gas to all local market economic sectors in FY 2017/18, leading to a 63% increase in the local consumption rate, acc...
Gastec & Eni Sign Agreement to Establish Fuel Stations
Gastec & Eni Sign Agreement to Establish Fuel Stations EG >> 9/17/2018 - Gastec Corporation and Italian oil and gas company Eni signed an agreement to establish auto service and gas and natural gas fuel stations in various areas across the country, particularly in Upper Eg...
Egypt Signs 2 Deals to Explore for Oil & Gas at $1B Investments
Egypt Signs 2 Deals to Explore for Oil & Gas at $1B Investments EG >> 9/15/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla signed two deals with firms from Canada, the UK, the Netherlands, Malaysia and Kuwait to explore for petroleum and gas in two deep-water area...
TSK to Build a New Solar Park in Egypt
TSK to Build a New Solar Park in Egypt EG >> 9/14/2018 - The signing took place of a contract valued at 20 million euros for TSK to build a solar park in southern Egypt. This 26 megawatt (MW) photovoltaic power plant will be located in Kom Ombo, in the sout...

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