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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 $20 million (AED 73m) from the Egyptian Government in Egyptian pounds. Total receipts from Egypt has ...
Ten New Exploratory Wells Dug in Western Desert
Ten New Exploratory Wells Dug in Western Desert EG >> 9/2/2019 - The Ministry of Petroleum said 10 exploratory wells were dug in the Western Desert and they went online in a record time with a daily average output of 5,000 oil barrels. ...
PM Asks Petroleum Minister to Increase Oil Exploration
PM Asks Petroleum Minister to Increase Oil Exploration EG >> 8/26/2019 - Prime Minister Mostafa Madbouli said that the state attaches great importance to the petroleum sector due to its vital role in pushing forward development efforts in the country. ...
Rosneft Says Gas Output at Zohr in Egypt Surges to 11.3 BCM in H1
Rosneft Says Gas Output at Zohr in Egypt Surges to 11.3 BCM in H1 EG >> 8/14/2019 - Natural gas production at Zohr, the largest gasfield in the Mediterranean Sea, more than tripled in the first half this year to reach 11.3 billion cubic metres, Russian energy giant Rosneft said. ...
US$ 252M Loan for 250 MW Wind Farm in Gulf of Suez
US$ 252M Loan for 250 MW Wind Farm in Gulf of Suez EG >> 8/8/2019 - The EBRD is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest windfarms in Africa. ...
Egypt Awards Siemens A Series of Five-Year Grid Studies
Egypt Awards Siemens A Series of Five-Year Grid Studies EG >> 8/7/2019 - Siemens announced that the Egyptian Electricity Transmission Company (EETC) has awarded the company a series of five-year grid studies to analyze and examine the countryís transmission network, to ide...
DFSA Signs MoU with the Central Bank of Egypt
EG >> 8/7/2019 - The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the relationship and cooperation between both institutions and ...
ib vogt Completes 166.5 MWp PV Plants for Benban Solar Complex
ib vogt Completes 166.5 MWp PV Plants for Benban Solar Complex EG >> 8/5/2019 - Adding to the 64,1 MWp project in operation since February 2018, ib vogt began commercial operation for three additional solar power plants totalling 166.5 MWp. All projects are located in the Benban ...
Shares in Egypt's Qalaa Holdings Slide on Diluted Refinery Stake
Shares in Egypt's Qalaa Holdings Slide on Diluted Refinery Stake EG >> 8/1/2019 - Shares in Egyptís Qalaa Holdings, one of the countryís largest investment companies, fell by nearly 10% on Wednesday after it said that its stake in a new refining company had been reduced. ...
Israel Anti-Trust Regulator Approves Egyptian Pipeline Deal
Israel Anti-Trust Regulator Approves Egyptian Pipeline Deal EG >> 7/31/2019 - Israelís anti-trust regulator gave the partners in the Tamar and Leviathan natural gas fields a green light to buy into an export pipeline to Egypt, as long as they grant other players access to the p...
Egypt & US Sign MoU on Cooperation in Energy Field
Egypt & US Sign MoU on Cooperation in Energy Field EG >> 7/26/2019 - Egypt's Ministry of Petroleum and Mineral Wealth and Ministry of Electricity and Renewable Energy signed with the US Department of Energy a memorandum of understanding on cooperation in the field of e...
New Gas Discovery in the Nile Delta
New Gas Discovery in the Nile Delta EG >> 7/23/2019 - Belayim Petroleum Company (Petrobel) has successfully achieved a natural gas discovery in the Nile Delta concession area, which is currently being put into production at rates of up to 20 million cubi...
Eni Announces New Production from the Western Desert
Eni Announces New Production from the Western Desert EG >> 7/23/2019 - Eni announces that production from South West Meleiha Development Lease, located in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa, has started. The current production, delivered ...
Wintershall Dea Committed to Egypt
Wintershall Dea Committed to Egypt EG >> 7/23/2019 - In early 2018, Wintershall Dea announced the start of an extensive work program in all own-operated Egyptian assets. The company is currently investing more than 500 Million US-Dollars over three year...
Conditional Acquisition of Rockhopper Egypt Pty Ltd
Conditional Acquisition of Rockhopper Egypt Pty Ltd EG >> 7/23/2019 - United Oil & Gas PLC, the AIM traded oil and gas exploration and development company, is pleased to announce the proposed acquisition of Rockhopper Egypt Pty Ltd from Rockhopper Exploration Plc, for a...
Egypt & Algeria Discuss Energy Cooperation
Egypt & Algeria Discuss Energy Cooperation EG >> 7/17/2019 - Egypt's Ambassador to Algeria Ayman Mosharafa said that he discussed with Algerian Energy Minister Mohamed Arkab means of boosting bilateral relations in the oil field. ...
SDX Energy Announces Operational and Corporate Update
SDX Energy Announces Operational and Corporate Update EG >> 7/8/2019 - Highlights ...
New Oil Discovery in Abu Rudeis Area in South Sinai
New Oil Discovery in Abu Rudeis Area in South Sinai EG >> 7/4/2019 - The Petroleum Ministry announced that Belayim Petroleum Company (PETROBEL) made a new oil discovery in Abu Rudeis-Sidri area in South Sinai. ...
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 - Israelís 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...
Egyptís West Mediterranean Bid Round in Q3 of 2019
Egyptís 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. ...

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