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BP Makes 3rd Gas Discovery in Egypt's North Damietta Concession
BP Makes 3rd Gas Discovery in Egypt's North Damietta Concession EG >> 3/26/2017 - British Petroleum (BP) has made a gas discovery as part of the North Damietta Offshore Concession in Egypt's Nile Delta, the third such discovery in two years in same block, the company announced. ...
Egypt Aims to Raise 6b Pounds from Sale of Stakes in State Firms
Egypt Aims to Raise 6b Pounds from Sale of Stakes in State Firms EG >> 3/21/2017 - Egypt aims to raise 6 billion pounds ($329 million) from the sale of stakes in state companies in the 2017/18 financial year, Finance Minister Amr El Garhy told Reuters, part of government efforts to ...
Rosneft Signs Deal to Supply 10 LNG Cargoes to Egypt in 2017
Rosneft Signs Deal to Supply 10 LNG Cargoes to Egypt in 2017 EG >> 3/21/2017 - A trading unit of top Russian oil producer Rosneft has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company this year. The first delivery by Rosne...
Commencement of Drilling Operations at South Disouq
Commencement of Drilling Operations at South Disouq EG >> 3/20/2017 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce the commencement of drilling operations on the SD-1X well at its South Disouq concession in Nile Delta area of Egy...
Egypt Received Two Cargoes of Diesel Fuel from Saudi Aramco
Egypt Received Two Cargoes of Diesel Fuel from Saudi Aramco EG >> 3/19/2017 - Egyptian Petroleum Minister Tarek El Molla said his country had received two cargoes of diesel fuel from Saudi Arabian state-owned oil company Aramco on Friday and Saturday. Molla was speaking at an e...
Talks with the New Head of the EU Delegation to Egypt
Talks with the New Head of the EU Delegation to Egypt EG >> 3/17/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Ambassador Ivan Surkos, the new Head of the EU Delegation to Egypt, where they reviewed mutual cooperation in the energy domai...
Petroleum Minister Meets with Dana Gas GM in Egypt
Petroleum Minister Meets with Dana Gas GM in Egypt EG >> 3/16/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Eng. Iman Hill, Technical Director Ė GM of UAE & Egypt together with Mr. Said Arrata, member of Dana Gas Board, as they review...
Talks with Shellís Executive Vice President
Talks with Shellís Executive Vice President EG >> 3/15/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Eng. Sami Iskander, Shellís Executive Vice President and Eng. Gasser Hanter, Country Chair and Managing Director of Shell Egyp...
Talks with BPís CEO for Exploration & Production
Talks with BPís CEO for Exploration & Production EG >> 3/12/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Bernard Looney, BPís Chief Executive Officer for Upstream during his visit to Egypt, in the presence of Eng. Hesham Mekawi...
AFC Invests $25m in Egypt's Carbon Holdings
AFC Invests $25m in Egypt's Carbon Holdings EG >> 3/10/2017 - Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has announced it is to invest US$25 million in Egyptian petrochemicals compa...
Talks with the Minister of Energy & Mines of Peru
Talks with the Minister of Energy & Mines of Peru EG >> 3/8/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met with Gonzalo Francisco Flores, Peruvian Minister of Energy & Mines to discuss the possibilities of exchanging information and exper...
Rosneft Buys Egyptian Crude for First Time in Tender
Rosneft Buys Egyptian Crude for First Time in Tender EG >> 3/8/2017 - The trading arm of Russia's state oil firm Rosneft bought three cargoes of Egypt's heavy sour Ras Gharib grade, the first time the company has bought Egyptian crude. Geneva-based Rosneft Trading won t...
The Minister Participates in the PDAC 2017 International Convention in Canada
The Minister Participates in the PDAC 2017 International Convention in Canada EG >> 3/7/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources participated in this year's Prospectors and Developers Association of Canada (PDAC) Annual Convention at the Canadian city, Toronto. ...
Dana Gas Provides Market Update on Its Drilling Program
Dana Gas Provides Market Update on Its Drilling Program EG >> 3/2/2017 - Dana Gas, the Middle Eastís leading regional private sector natural gas company, provides a market update on its BP-operated Mocha-1 well, drilled in the El Matariya (Block 3) onshore concession in Eg...
New Capital and Burullus Power Plants Formally Inaugurated
New Capital and Burullus Power Plants Formally Inaugurated EG >> 3/2/2017 - Orascom Construction Limited announces the formal inauguration of the first phase of New Capital and Burullus Power Plants, which will be the largest gas-fired combined cycle power plants in the world...
Talks with South Korean Ambassador in Petrochemicals and Refining Domains
Talks with South Korean Ambassador in Petrochemicals and Refining Domains EG >> 3/1/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources held bilateral discussions with Mr. Yoon Soon-Gu, South Korean Ambassador to Egypt. The Minister declared that the Korean companies hav...
SDX Provides Update on South Disouq Drilling Activity
SDX Provides Update on South Disouq Drilling Activity EG >> 3/1/2017 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to update the market on its indicative drilling timetable on South Disouq. ...
Sisi, Merkel to Inaugurate First Phase of Siemens Power Megaproject
Sisi, Merkel to Inaugurate First Phase of Siemens Power Megaproject EG >> 2/28/2017 - Egyptís President Abdel-Fattah El-Sisi and German Chancellor Angela Merkel will on Thursday inaugurate the phase of a Siemens megaproject to build three new power plants in Egypt, the German ambassado...
Minister of Petroleum in Discussions with CEO of ENAP Sipetrol
Minister of Petroleum in Discussions with CEO of ENAP Sipetrol EG >> 2/27/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met Mr. Marcelo Tokman, CEO of Chilean national ENAP Sipetrol Co. in the presence of the Chilean consul in Egypt, Eng. Sayed Rizk, the ...
Talks with the Industrial and Commercial Bank of China in the Petrochemical Field
Talks with the Industrial and Commercial Bank of China in the Petrochemical Field EG >> 2/23/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received the Africa Region Manager of the Industrial and Commercial Bank of China (ICBC) , Evie Tsai, and the accompanying delegation. ...
Iraq to Supply Egypt with 1 million barrels monthly
Iraq to Supply Egypt with 1 million barrels monthly EG >> 2/23/2017 - The Iraqi Oil Marketing Company SOMO has signed a contract for oil exports with the Egyptian government. The company forwarded the contract to the Petroleum Ministry for final approval. ...
Minister of Petroleum in Talks with the Chinese Corp. Sinopec
Minister of Petroleum in Talks with the Chinese Corp. Sinopec EG >> 2/20/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Wang Yupu, Chairman of the Board of Directors of the Chinese National Group, Sinopec Corp. and the accompanying delegation in ...
EGYPS 2017: Talks with Heads of IOCs
EGYPS 2017: Talks with Heads of IOCs EG >> 2/17/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources held talks with a number of CEOs of Foreign oil companies on the sidelines of the Egyptian Petroleum & Gas Show (EGYPS 2017) .He review...
Oil Companies Bullish on Egypt, Eyeing More Investment, Discoveries
Oil Companies Bullish on Egypt, Eyeing More Investment, Discoveries EG >> 2/14/2017 - Major international oil companies say they plan to step up their investments in Egypt, expecting to find more oil and gas now that ENI's giant Zohr gas discovery has put its Mediterranean waters on th...
Italy's Eni to Start Production in Egypt by End of 2017
Italy's Eni to Start Production in Egypt by End of 2017 EG >> 2/14/2017 - Italian oil and gas company Eni said on Tuesday that Zohr oil field, which the company discovered in 2015, will enter production before end of year, Eni's chief executive said at an oil conference in ...
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports EG >> 2/14/2017 - Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said. ...
Eni and BP Complete Sale of 10% of Shorouk, Offshore Egypt
Eni and BP Complete Sale of 10% of Shorouk, Offshore Egypt EG >> 2/13/2017 - Eniís CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore ...
AMOC to Offer 10-20% of Shares in Secondary Listing
AMOC to Offer 10-20% of Shares in Secondary Listing EG >> 2/9/2017 - Alexandria Mineral Oils Co (AMOC) plans to offer 10-20 percent of its shares in a secondary stock market listing as well as 10 percent as Global Depositary Receipts listed in London, its chairman said...
Dana Gas Freezes Egypt Investments over Debts
Dana Gas Freezes Egypt Investments over Debts EG >> 2/9/2017 - Dana Gas will not make new investments in Egypt because of delays in obtaining payments owed to it there, the chief executive of the United Arab Emirates company said. ...
Sandvik Increases Its Presence in Offshore Egypt
Sandvik Increases Its Presence in Offshore Egypt EG >> 2/8/2017 - Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has extensively increased its presence in offshore Egypt in 2016, booking...

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