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Egypt Oil & Gas News

Dana Gas Receives $20M from Egypt
Dana Gas Receives $20M from Egypt EG >> 12/18/2019 - Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has received $20 million (AED 73m) from the Egyptian Government in Egyptian pounds. Total receipts from Egypt has ...
SDX Energy Announces Operational and Corporate Update
SDX Energy Announces Operational and Corporate Update EG >> 7/8/2019 - Highlights ...
Delek Says Pipeline Checks Done, Gas Exports to Egypt by Year End
Delek Says Pipeline Checks Done, Gas Exports to Egypt by Year End EG >> 7/2/2019 - Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt, but it did not begin commercial sales by the end of June as it had initially hoped

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Egypt's Petroleum Minister & Schlumberger Discuss Seismic Survey
Egypt's Petroleum Minister & Schlumberger Discuss Seismic Survey EG >> 7/1/2019 - Egypt's Petroleum Minister Tarek el Molla reviewed with head of Schlumberger oil field services company for the Northern Middle East Region Maan Rezouki activities jointly carried out between the comp...
Dana Gas Receives $48M from Its Operations in Egypt
Dana Gas Receives $48M from Its Operations in Egypt EG >> 6/29/2019 - Dana Gas PJSC has received payments of $48 million (AED 177 million) from its operations in Egypt in June. These collections comprise $38 million in payments from the government (of which $30 million ...
SDX Makes Oil Discovery at Rabul-7 Well
SDX Makes Oil Discovery at Rabul-7 Well EG >> 6/26/2019 - SDX Energy plc, the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul-7 development well in the West Gharib Concession in Egypt (SDX 50%...
ADES Secures New Contract in Egypt & Extends Contract in Algeria
ADES Secures New Contract in Egypt & Extends Contract in Algeria EG >> 6/24/2019 - ADES International Holding PLC (ADES), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA) through its subsidiaries, is pleased to announce that it...
Sisi Orders Continuing Oil Exploration in New Areas
Sisi Orders Continuing Oil Exploration in New Areas EG >> 6/23/2019 - President Abdel Fattah El Sisi Sunday ordered continued exploration for petroleum and gas in new areas with the aim of benefiting from Egypt's oil resources. ...
Egypt in $500M Settlement with Israel Electric Corp
Egypt in $500M Settlement with Israel Electric Corp EG >> 6/17/2019 - Egypt has signed a $500 million settlement with state-owned Israel Electric Corp over a defunct natural gas deal, the Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas (EGAS) said...
Egypt & France Discuss Boosting Cooperation in Energy Sector
Egypt & France Discuss Boosting Cooperation in Energy Sector EG >> 6/15/2019 - Petroleum Minister Tareq el Molla discussed with French Minister of State for Europe and Foreign Affairs Jean-Baptiste Lemoyne means of boosting cooperation between the two countries, especially in th...
Egypt’s West Mediterranean Bid Round in Q3 of 2019
Egypt’s West Mediterranean Bid Round in Q3 of 2019 EG >> 6/12/2019 - The Ministry of Petroleum and Mineral Resources will launch a new international tender for the exploration of natural gas in the western Mediterranean region during the third quarter of 2019. ...
Rockhopper Provides Egypt Update
Rockhopper Provides Egypt Update EG >> 6/3/2019 - Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to provide the following operational update in relat...
BP to Divest Mature Oil Assets in Egypt to Dragon Oil
BP to Divest Mature Oil Assets in Egypt to Dragon Oil EG >> 6/3/2019 - BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing a...
TransGlobe Announces Approval of New Development Lease
TransGlobe Announces Approval of New Development Lease EG >> 5/29/2019 - TransGlobe Energy Corporation (TransGlobe) announces an approval of a new development lease and an operations update. ...
BP Nears Sale of Stake in Egyptian Oil Firm to Dragon Oil
BP Nears Sale of Stake in Egyptian Oil Firm to Dragon Oil EG >> 5/23/2019 - BP is nearing the sale of its stake in a major Egyptian oil and gas company to Dubai-based Dragon Oil for over $600 million, industry and banking sources said. ...
Dana Gas Spuds High-Potential Exploration Well in Egypt Concession Area
Dana Gas Spuds High-Potential Exploration Well in Egypt Concession Area EG >> 5/21/2019 - Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has commenced drilling operations on 20 May at its Merak-1 well, offshore Egypt. The location is in 755 meters of ...
El Sisi Calls on Government to Overcome Any Obstacles Facing Noble Energy
El Sisi Calls on Government to Overcome Any Obstacles Facing Noble Energy EG >> 5/20/2019 - Egypt’s President Abdel-Fattah El-Sisi has called on his government to overcome any obstacles which could face US firm Noble Energy as it carries out oil and gas exploration in the country. ...
Egypt Offers Four LNG Cargoes for April Loading as Exports
Egypt Offers Four LNG Cargoes for April Loading as Exports EG >> 5/15/2019 - Egypt’s natural gas company EGAS is offering four liquefied natural gas (LNG) cargoes for April loading, two industry sources said. ...
Benban Solar Field in Aswan Set to Operate at Full Capacity in 2019
Benban Solar Field in Aswan Set to Operate at Full Capacity in 2019 EG >> 5/5/2019 - Egypt said its Benban solar field in Aswan, set to be largest in the world upon completion at 1.8 GW total capacity, is set to operate at full capacity in 2019. ...
Egypt's New Budget Cuts Fuel Subsidies by 40.5 Percent in FY 2019/20
Egypt's New Budget Cuts Fuel Subsidies by 40.5 Percent in FY 2019/20 EG >> 4/16/2019 - A finance ministry report on Egypt’s new budget (2019/20) showed that fuel subsidies will be reduced by EGP 36.112 billion (40 percent) in the new fiscal year, Finance Minister Mohamed Mait said in a ...
TVEL Fuel Will Supply Nuclear Fuels for ETRR-2 Reactor in Egypt
TVEL Fuel Will Supply Nuclear Fuels for ETRR-2 Reactor in Egypt EG >> 4/15/2019 - In the course of Atomexpo-2019 International Forum, TVEL Fuel Company of Rosatom and the Egyptian Atomic Energy Authority signed the contract for supply of uranium-made components of reduced-enrichmen...
El Dabaa Nuclear Plant Granted a Site Permit
El Dabaa Nuclear Plant Granted a Site Permit EG >> 4/8/2019 - The Egyptian Nuclear Plants Authority (NPPA) was granted a site permit for the building of El Dabaa nuclear power plant, said head of the Nuclear Power Plants Authority Amged el Wakil. ...
Update on the South Disouq Development Project
Update on the South Disouq Development Project EG >> 4/8/2019 - SDX Energy plc announces, the current targeted start-up date for gas production at South Disouq of mid-year 2019 is based on an overall development concept, whereby an Early Production Facility (“EPF”...
Petroleum Minister & Saudi Counterpart Confer on Joint Cooperation
Petroleum Minister & Saudi Counterpart Confer on Joint Cooperation EG >> 4/7/2019 - Minister of Petroleum and Mineral Resources Tarek el Mullah conferred with his Saudi counterpart Khaled el Faleh on means of boosting joint cooperation in the fields of petroleum, gas and mineral weal...
Egypt & Jordan Discuss Work Progress in Joint Gas Projects
Egypt & Jordan Discuss Work Progress in Joint Gas Projects EG >> 4/5/2019 - Minister of Petroleum and Mineral Resources Tareq el Molla has discussed in a meeting with Jordanian Minister of Energy and Mineral Resources Hala Zwati work progress in joint projects and strategies ...
Petroleum Ministry & IFC Sign MoU on Funding Infrastructure Projects
Petroleum Ministry & IFC Sign MoU on Funding Infrastructure Projects EG >> 4/4/2019 - The Ministry of Petroleum signed a memorandum of understanding (MoU) with the International Finance Corporation (IFC) on funding infrastructure projects within the petroleum and natural gas sectors. ...
Completion of The Acquisition of Merlon El Fayum Petroleum Company
Completion of The Acquisition of Merlon El Fayum Petroleum Company EG >> 4/2/2019 - Further to the Company's announcement on 29 March 2019, SOCO is pleased to announce the completion of the acquisition of Merlon Petroleum El Fayum Company ("Merlon") from Merlon International LLC (the...
95 Octane Gasoline Price Will Remain Fixed for Coming 3 Months in Egypt
95 Octane Gasoline Price Will Remain Fixed for Coming 3 Months in Egypt EG >> 4/1/2019 - Egypt's Ministry of Petroleum decided to fix the sale price of 95 octane gasoline in the local market for three months to remain at EGP 7.75 per litre during the second quarter of this fiscal year, ac...
Dana Gas Receives $19m from Egypt
Dana Gas Receives $19m from Egypt EG >> 3/31/2019 - Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has received a payment of $19 million (AED 70 million) from its operations in Egypt. This payment is made up of a ...
Petrojet Revenues Hit EGP 26.5B in 2018
Petrojet Revenues Hit EGP 26.5B in 2018 EG >> 3/29/2019 - Revenues of the Petroleum Projects and Technical Consultations Co. (Petrojet) upped by 12 percent during the full-year 2018, recording EGP 26.5 billion, compared to 2017. ...

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