Oil & Gas News
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El Molla, US DOE’s Crabtree discuss methane and Carbon reduction co-op
The meeting examined the current efforts between the two countries within international initiatives.
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Shell, partners sign agreement to develop 10th phase of Egyptian Mediterranean gas concession
Shell's Egypt unit, BG Delta Limited, and its partners signed an agreement with two Egyptian state-owned energy companies and Malaysia's Petronas.
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Shell to begin drilling offshore Egypt this year
Subject to regulatory approvals, drilling activities are expected to commence in late 2023 when the rig arrives at the location.
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Egypt to dig 35 new natural gas wells, investing $1.8 billion
Over the past five years Egypt has successfully dug 576 new exploratory natural gas wells and made 289 gas and petroleum discoveries.
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Egypt starts $1.8 billion gas exploration wells programme -minister
The programme is in cooperation with Eni (ENI.MI), Chevron (CVX.N), ExxonMobil (XOM.N), Shell (SHEL.L) and BP (BP.L).
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Egypt executes 8 new projects valued at $5bn to expand petroleum sector
This falls in line with the ministry’s bid to develop and propel the performance of the petroleum refining industry in the North African country.
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Israel to build third line to supply Egypt with gas from Leviathan field
The project currently supplies gas to Israel, Egypt and Jordan, and there are plans to sell gas to Europe as well.
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Egypt’s Petroleum Ministry launches digital platform to attract investments
It will also provide the geological data required by current and potential investors and promote bids in the North African country’s gas exploration.
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Interview – Africa depends on Egypt for natural gas
Ayuk explained that the chamber plans to establish a branch in North Africa, with Cairo to be involved.
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Egypt's IOU to Capricorn Energy grows to $145 million
This has grown to $145 million at the end of May, it said on Monday, of which $104 million "is overdue".
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Egypt’s Petrojet, Siemens to provide tech solutions for Middle East industrial sector
The companies will have a special focus on water, oil and gas, tunnels, and infrastructure projects across the region, said a statement from Siemens.
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Eni Egypt Well Disappoints
The Nesr-1 well, one of two targets currently being drilled by Italian firm Eni off Egypt’s Nile Delta has struck sub-commercial gas volumes.
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Egypt to convert 17,000 more cars to natural gas fuel
MSMEDA has signed two contracts at EGP 200 million with two companies to convert thousands of vehicles from gasoline to natural gas.
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Israel Joins Egypt and Palestine in Rare Partnership to Develop Gaza Gas Field
Egypt and the PA announced the deal in October, awaiting Israel’s approval, which has now been granted.
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Egypt takes new steps towards being an energy hub
Currently, Egypt already produces an amount of natural gas ranging from 6.5 to 7 billion cubic feet per day.
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Egypt reportedly aims to increase oil exports by 15% in 2023
According to the document, Egypt's oil exports reached $18.2 billion in 2022, a significant rise from $12.9 billion in 2021.
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The Egyptian International Gas Technology selects ECS & SAP to power their digital transformation journey
The project aims to automate and streamline business processes, while increasing the agility of operations at GASTEC.
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Egypt increases gas, LNG exports to Jordan
Egypt’s gas exports to Jordan are set to increase, with the signing of two new agreements on Saturday that facilitate LNG storage and regasification.
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Egypt's GAFI, Petrotrade sign cooperation protocol on safe disposal of petroleum waste
On its side, Petrotrade will be committed to offering its services in competitive prices under the umbrella of GAFI.
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TAQA Arabia powers into Egypt’s stock market listing
Beginning Sunday, TAQA Arabia's shares will be included in the EGX database under the ticker symbol (TAQA.CA) and will be assigned to the utilities.