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Egypt Oil & Gas News

Vallianz Scores New Contracts Worth up to $115m for 4 Vessels
Vallianz Scores New Contracts Worth up to $115m for 4 Vessels EG >> 5/23/2017 - Vallianz Holdings Limited, and together with its subsidiaries, has secured long-term charter contracts valued at up to US$115 million in total for four vessels. These contracts were awarded by a nati...
Rosneft Eyes Joint Oil Supplies to Egypt with Italy's Eni
Rosneft Eyes Joint Oil Supplies to Egypt with Italy's Eni EG >> 5/17/2017 - Russia's largest oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden cooperation, including in possible joint oil product supplies to Egypt, Rosneft said on Wednesd...
Egypt's Nooros Gas Field Output Tops One bcf/d
Egypt's Nooros Gas Field Output Tops One bcf/d EG >> 5/16/2017 - Production from Egypt's Nooros field has exceeded one billion cubic feet (bcf) of gas per day. Italian oil major Eni, which began production at the Nile Delta offshore field in September 2015, had sai...
Egypt Will Make $750m Debt Payment to Oil Companies on June 1
Egypt Will Make $750m Debt Payment to Oil Companies on June 1 EG >> 5/16/2017 - Egypt will make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor Tarek Amer said on Tuesday. Egypt has outstanding dues of about $3.5 billion to internati...
Discussions with CEO of German DEA about Plans of Gas Production
Discussions with CEO of German DEA about Plans of Gas Production EG >> 5/11/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Thomas Rappuhn, Chief Executive Officer of the German DEA company and the accompanying delegation, including Mr. Dirk Warz...
Egypt Starts Weaning Itself off Foreign Gas as Output Surges
Egypt Starts Weaning Itself off Foreign Gas as Output Surges EG >> 5/11/2017 - Egypt is holding talks with its liquefied natural gas (LNG) suppliers to defer contracted shipments this year and aims to cut back on purchases in 2018, as surging domestic gas production squeezes out...
EBRD Finances Environmental Upgrade Of Egypt’s Carbon Holdings Company
EBRD Finances Environmental Upgrade Of Egypt’s Carbon Holdings Company EG >> 5/11/2017 - As part of its drive to help the Egyptian economy move to more environmentally friendly ways of production, the EBRD is providing local petrochemicals producer Carbon Holdings with a US$ 11 million lo...
Inauguration of the First Phase of West Delta Gas Production Project
Inauguration of the First Phase of West Delta Gas Production Project EG >> 5/10/2017 - President Abdel Fatah El Sisi inaugurated the first phase of gas production from West Delta gas fields. ...
First Gas from West Nile Delta Field
First Gas from West Nile Delta Field EG >> 5/10/2017 - BP has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budg...
Apex International Energy Welcomes Two New Leaders
Apex International Energy Welcomes Two New Leaders EG >> 5/8/2017 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, today announced that it has expanded its global team with the appointments of Willis “Trey” G...
Completion of Drilling Campaign at Successful SD-1X Well
Completion of Drilling Campaign at Successful SD-1X Well EG >> 5/5/2017 - SDX Energy Inc., the North Africa focused oil and gas company, announces that drilling on the SD-1X well at its South Disouq concession in the Nile Delta area of Egypt has now reached its second targe...
Discussions with Jordanian Ambassador to Cairo in Oil & Gas Domains
Discussions with Jordanian Ambassador to Cairo in Oil & Gas Domains EG >> 5/2/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Ali Ayed, Jordanian Ambassador to Cairo to discuss cooperation between the two countries and review joint petroleum projec...
Swiss Court Fines Egypt $2 Billion, Muddies Mideast Gas Market
Swiss Court Fines Egypt $2 Billion, Muddies Mideast Gas Market EG >> 4/27/2017 - A Swiss court ordered Egyptian natural gas companies to pay Israel’s state-owned electricity provider $2 billion in fines for breach of previous contracts, a step that could complicate chances for the...
Discussions with The Romanian Ambassador to Egypt
Discussions with The Romanian Ambassador to Egypt EG >> 4/26/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Mihai Stefan Stuparu, Romanian Ambassador to Cairo to discuss available investment opportunities and joint work mechanisms...
Dana Gas Completes 1st International Condensate Sale in Egypt
Dana Gas Completes 1st International Condensate Sale in Egypt EG >> 4/26/2017 - Dana Gas PJSC, the Middle East's largest regional natural gas company, has achieved an important milestone with the first international sale of condensate in Egypt under the Gas Production Enhancement...
Egypt Seeks Advisers for IPO Program Aimed at Boosting Revenue
Egypt Seeks Advisers for IPO Program Aimed at Boosting Revenue EG >> 4/26/2017 - Egyptian authorities are in talks with local and international investment banks to advise the government on selling stakes in state-run companies on the stock exchange, a senior official said. ...
Rockhopper Commences Drilling Campaign of Abu Sennan
Rockhopper Commences Drilling Campaign of Abu Sennan EG >> 4/26/2017 - Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce the commencement of the 2017 drilling ca...
Talks with GM of China Development Bank
Talks with GM of China Development Bank EG >> 4/25/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received the General Manager of China Development Bank (CDB) and the accompanying delegation, where they discussed cooperation and part...
Discussions with CEO of Arab-German Chamber of Commerce and Industry
Discussions with CEO of Arab-German Chamber of Commerce and Industry EG >> 4/24/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Andreas Hergenrother, CEO of Arab-German Chamber of Commerce and Industry in Cairo to discuss cooperation and available in...
Talks with a Delegation from Siemens Global
Talks with a Delegation from Siemens Global EG >> 4/20/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received a delegation from Siemens Global Co. including Mr. Emad Ghaly, Chief Executive Officer of Siemens Egypt and Mr. Brian Todd, Vi...
Talks with the Delegation of Japan Bank for International Cooperation
Talks with the Delegation of Japan Bank for International Cooperation EG >> 4/19/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received a delegation from Japan Bank for International Cooperation (JBIC), including Mr. Moriki Aida, Chief Executive Officer of the B...
Award Builds on Company's Extensive Experience in the Middle East
Award Builds on Company's Extensive Experience in the Middle East EG >> 4/19/2017 - Bechtel has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new poly...
Egyptian – Cameroonian Discussions in Petroleum & Mining Domains
Egyptian – Cameroonian Discussions in Petroleum & Mining Domains EG >> 4/17/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Hernest Ngoua Boubou, Cameroonian Minister of Mines, Industry and Technological Development and the accompanying delegatio...
SDX Energy Provides Update on SD-1X well
SDX Energy Provides Update on SD-1X well EG >> 4/17/2017 - SDX Energy Inc, the North Africa focused oil and gas company, announces that drilling on the carried SD-1X well at its South Disouq concession, where it holds a 55% equity interest and is operator in ...
Petroleum Minister in Discussions with the Director General for European Neighborhood Policy
Petroleum Minister in Discussions with the Director General for European Neighborhood Policy EG >> 4/12/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Christian Danielsson, Director General for European Neighborhood Policy and Enlargement Negotiations accompanied by Ambass...
Panel Discussion about the Future of Energy in the Region
Panel Discussion about the Future of Energy in the Region EG >> 4/3/2017 - During his visit to Jordan to attend the proceedings of The 3rd Jordan International Energy Summit, Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources participated in a Panel Discussion ...
Serious Steps to Implement the Petroleum Sector Modernization Plan
Serious Steps to Implement the Petroleum Sector Modernization Plan EG >> 4/1/2017 - During his speech at the Petroleum Sector Modernization Project workshop, Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources announced the launch of Phase 2 of the Petroleum Sector‘s Mod...
Minister of Petroleum talks with the CEO of Apache
Minister of Petroleum talks with the CEO of Apache EG >> 4/1/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. John J. Christmann IV, CEO and President of Apache corp., Mr. James L. House, Senior Region Vice President of Apache and M...
Egypt to Halve Arrears with Oil Companies in Coming Weeks
Egypt to Halve Arrears with Oil Companies in Coming Weeks EG >> 3/29/2017 - Egypt expects to cut the $3.5 billion euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister said on Wednesday. ...
Egypt to Begin Production from Zohr Gas Field by late 2017
Egypt to Begin Production from Zohr Gas Field by late 2017 EG >> 3/28/2017 - The CEO of Rosneft, the majority state-owned Russian oil company, said on Monday that the first gas production from Egypt's super giant Zohr gas field is scheduled by the end of 2017. ...

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