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Egypt Oil & Gas News

Egypt to Pay off $850M in Debt to Foreign Oil Companies
Egypt to Pay off $850M in Debt to Foreign Oil Companies EG >> 5/14/2018 - Governor of Egypt's Central Bank Tarek Amer said that the country is expected to make an $850 million payment on its debts to foreign oil companies. ...
The Egyptian Cypriot Hope Pipeline to Cost $1B
The Egyptian Cypriot Hope Pipeline to Cost $1B EG >> 5/14/2018 - Last week, the Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla, agreed to establish the hope pipeline, which sha...
Egypt & China's GCL Signs MOU for $2B Solar Panel Factory
Egypt & China's GCL Signs MOU for $2B Solar Panel Factory EG >> 5/10/2018 - China’s GCL Group has signed a memorandum of understanding (MOU) with Egypt’s ministry of military production to build a solar panel facility at a cost of up to $2 billion, state-run newspaper Al-Ahra...
Eni Starts Up Zohar Third Production Unit
Eni Starts Up Zohar Third Production Unit EG >> 5/10/2018 - Eni announces the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcfd. Zohr is now producing 1.1 bcfd in ramp-up, equivalent to approximately...
Egypt & Uganda Sign Energy, Industrial & Agricultural Agreements
Egypt & Uganda Sign Energy, Industrial & Agricultural Agreements EG >> 5/9/2018 - Egypt and Uganda signed a number of cooperation agreements on Tuesday in a ceremony in Cairo attended by ministers of both countries and presided over by Egyptian President Abdel-Fattah El-Sisi and hi...
Egypt Approves Oil Exploration Deal with Eni & Tharwa of Mediterranean
Egypt Approves Oil Exploration Deal with Eni & Tharwa of Mediterranean EG >> 5/9/2018 - Egypt has approved an exploration agreement with Italy’s Eni and the Egyptian Tharwa company to search for oil and gas in the Mediterranean off the coast of northern Sinai, the Egyptian oil minister s...
Jumbo Awarded Installation Contract in the US Gulf of Mexico
US >> 5/8/2018 - Jumbo has been awarded the installation contract for the Shell deep-water Vito development in the US Gulf of Mexico. ...
SDX Spudded Kelvin-1X Exploration Well in Egypt
SDX Spudded Kelvin-1X Exploration Well in Egypt EG >> 5/8/2018 - SDX Energy Inc, the North Africa focused oil and gas company, is pleased to announce that it has spud its Kelvin-1X exploration well at South Disouq, Egypt (SDX 55% working interest and operator). ...
Cyprus & Egypt Gas Pipeline to Cost $800M-$1B
Cyprus & Egypt Gas Pipeline to Cost $800M-$1B EG >> 5/7/2018 - A pipeline connecting Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian petroleum minister Tarek El Molla said. ...
Eni Announces an Oil Discovery in the Faghur Basin in Egypt
Eni Announces an Oil Discovery in the Faghur Basin in Egypt EG >> 5/3/2018 - Eni announces an oil discovery on the A-2X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 103 Km North of the oasis of Siwa. The well is the first one...
Egypt & Cyprus to Connect Aphrodite Gas Field with Egypt
Egypt & Cyprus to Connect Aphrodite Gas Field with Egypt EG >> 4/29/2018 - Egypt aims to sign an agreement with Cyprus to connect the island’s Aphrodite gas field with Egypt, Egypt’s oil minister said. ...
TransGlobe Energy Announces Operations Update in Egypt
TransGlobe Energy Announces Operations Update in Egypt EG >> 4/27/2018 - TransGlobe Energy Corporation (TGL) (TGA) (“TransGlobe”) announces an operations update for Egypt. ...
Eni Start-Up Zohr Second Production Unit
Eni Start-Up Zohr Second Production Unit EG >> 4/26/2018 - Eni announces the start-up of the second production unit (T-1) of the Zohr project, which will increase installed capacity by 400 MMScfd, just 4 months after the field’s start-up. Zohr now has a capac...
Oil Discovery at Rabul 4 Well in West Gharib Concession, Egypt
Oil Discovery at Rabul 4 Well in West Gharib Concession, Egypt EG >> 4/24/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 4 Well in the West Gharib Concession in Egypt (SDX 50% Work...
Egypt & European Union Signed a Strategic Cooperation in Energy
Egypt & European Union Signed a Strategic Cooperation in Energy EG >> 4/23/2018 - In the context of Climate Action and Energy Commissioner Miguel Arias Canete’s visit to Egypt, the first ever EU-Egypt Sustainable Energy Forum took place in Cairo. The Forum counted with the presence...
Egypt & Vietnam Discuss the Signed MOU
Egypt & Vietnam Discuss the Signed MOU EG >> 4/22/2018 - Eng. Tarek El Molla, Minister Of Petroleum and Mineral Resources, received H.E Mr. Cao Quoc Hung, Deputy Minister of Industry and Trade of Vietnam, who is visiting Egypt to participate in the first se...
Egypt Aims for $10 bln Foreign Investment in Oil, Gas in 2018/19
Egypt Aims for $10 bln Foreign Investment in Oil, Gas in 2018/19 EG >> 4/22/2018 - Egypt aims for foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year that begins in July, Petroleum Minister Tarek El Molla said. ...
Eni's IEOC Aims to Increase Zohr Gas Production to 1.2 bcf/d in May
Eni's IEOC Aims to Increase Zohr Gas Production to 1.2 bcf/d in May EG >> 4/17/2018 - Eni subsidiary IEOC aims to increase gas production from Egypt’s Zohr field to 1.2 billion cubic feet per day (bcf/d) in May, and lift it to 2 bcf/d by the end of 2018, IEOC general manager Fabio Cava...
Egypt to Auction 10 or 11 Oil & Gas Concessions in Mediterranean
Egypt to Auction 10 or 11 Oil & Gas Concessions in Mediterranean EG >> 4/17/2018 - Egypt will auction 10 or 11 oil and gas exploration blocks in the Mediterranean, petroleum minister Tarek El Molla said. ...
Royal Dutch Shell to Resume Deep-Water Exploration Offshore Egypt
Royal Dutch Shell to Resume Deep-Water Exploration Offshore Egypt EG >> 4/17/2018 - Royal Dutch Shell said it will resume deep-water exploration for oil and gas off Egypt’s Mediterranean coast, Executive Vice President Sami Iskander told a news conference. ...
TransGlobe Energy Announces Operations Update in Egypt
TransGlobe Energy Announces Operations Update in Egypt EG >> 4/16/2018 - TransGlobe Energy Corporation (TransGlobe) provides an operations update, announces its intention to list its common stock on the London Stock Exchange’s AIM market and pending changes to the Board of...
Gas Discovery at Ibn Yunus-1X Well in Egypt
Gas Discovery at Ibn Yunus-1X Well in Egypt EG >> 4/12/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its Ibn Yunus-1X exploration well at South Disouq, Egypt (SDX 55% wo...
Suez Gas Pipeline Fire
Suez Gas Pipeline Fire EG >> 3/31/2018 - Three workers were killed in a gas pipeline fire in Suez’s Ain Sokhna in Egypt, Al-Ahram Arabic news website reported. ...
Construction of Egypt's Dabaa Nuclear Power Plant Could Begins in 2020
Construction of Egypt's Dabaa Nuclear Power Plant Could Begins in 2020 EG >> 3/28/2018 - Construction work on Egypt's Dabaa nuclear power plant could begin in the year of 2020, the CEO of Rosatom, the Russian state nuclear corporation, Alexei Likhachev said on Wednesday. ...
Fluor Awarded FEED Contract for Phosphoric Acid Production Facility in Egypt
Fluor Awarded FEED Contract for Phosphoric Acid Production Facility in Egypt EG >> 3/27/2018 - Fluor Corporation was awarded the front-end engineering design (FEED) contract by Egypt’s state energy firm Enppi for the offsites and utilities portion of the main plant complex and support services ...
SDX Energy Spuds of Ibn Yunus-1X well in Egypt
SDX Energy Spuds of Ibn Yunus-1X well in Egypt EG >> 3/26/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that it has spud its Ibn Yunus-1X exploration well at South Disouq, Egypt. The Ibn Yunus-1X well, anticipate...
Eni Strengthens Record Production from Nooros Field Offshore
Eni Strengthens Record Production from Nooros Field Offshore EG >> 3/15/2018 - Eni has strengthened its record production from the Nooros gas field, offshore Egypt, which reached a production of 32 million cubic meters per day, equivalent to around 215,000 barrels of oil equival...
BP Seeking Buyers for Stake in Ageing Egyptian Business
BP Seeking Buyers for Stake in Ageing Egyptian Business EG >> 3/15/2018 - BP is seeking buyers for its stake in a 50-year-old oil and gas business in Egypt as it focuses on newer deepwater gas fields off the country’s Mediterranean coast, banking sources said. ...
SDX Found Oil Discovery at Rabul 5 Well
SDX Found Oil Discovery at Rabul 5 Well EG >> 3/14/2018 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 5 Well in the West Gharib Concession in Egypt (SDX 50% Working In...
Eni Sells to Mubadala A 10% Stake in the Shorouk Concession
Eni Sells to Mubadala A 10% Stake in the Shorouk Concession EG >> 3/11/2018 - Eni has agreed to sell to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company, a 10% stake in the Shorouk concession, offshore Egypt, where Zohr's super-giant gas field is loc...

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