Oil & Gas News
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Town Gas Achieves Revenues Worth EGP 3.2B in 2022
The announcement was made during the general assembly meeting of the company to approve its operational results for the year 2022.
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PM, El Molla, Finance Minister Discuss Resolving Monetary Entanglements
There are financial entanglements between the Ministries of Petroleum and Mineral Resources, Electricity and Renewable Energy, and Finance.
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Egypt receives investor offers to buy Wataniya, Safi companies
The IPO is expected to be completed within a few weeks, after which shares of the two companies will be offered on the stock exchange later.
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United Oil and Gas announces Egypt operations update
United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt.
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Petrojet’s Revenues Hit EGP 40B in 2022
Petrojet’s role in executing petroleum projects has grown both locally and regionally.
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Aton Resources Completes Drilling at Hamama with 1.38 g/t Au Equivalent, 8.20% Zn
Aton Resources announced that it has completed its recent diamond drilling program at Hamama, located in the Abu Marawat Concession.
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Asso.subsea Partners with GAP Consortium for crucial Greece-Egypt Interconnection
The GAP founded by the Eunice Energy Group, is a transnational consortium between Greece and Egypt that aims to contribute to regional energy security
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Cheiron Energy brings GNN oil field Early Production Facility on stream offshore Egypt
It is anticipated that the gross oil production rate from the Concession will exceed 25 thousand bopd.
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Capricorn to slash UK staff amid Egypt focus and exploration exit
New board unveils jobs cuts, likely office move and Egypt focus as part of new strategy.
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DNV, Petrojet Sign MoU to Support Green Hydrogen Projects in Egypt
The global independent energy expert, has signed a memorandum of understanding with Petrojet to strengthen the development of green hydrogen.
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Egypt’s pharos swings back to profit in 2022
Pharos CEO Jann Brown said 2022 marked "significant change" for the company.
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The ASH-8 well in Abu Sennan licence has now been tied into the existing facilities and brought on stream.
The production from the well will continue to be monitored so that the long-term production potential can be assessed, United said.
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Iraq renews deal to provide Egypt with 4 mln barrels of crude oil
Cairo and Baghdad signed an agreement in 2016 that enables Egypt to import one million barrels of Iraqi Basra crude every month.
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El Molla Inaugurates First Mobile Natural Gas Vehicle Conversion, Maintenance Station
This comes within the framework of supporting the state’s plan to expand the use of natural gas in cars by providing non-traditional applications.
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Petroleum minister probes with Jordanian parliamentary delegation cooperation in natural gas domain
The head of the Jordanian parliamentary delegation, Ebeid Yasin, expressed his country’s interest in partnership with Egypt in the natural gas domain.
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Energean delivers gas at North El Amriya and North Idku
Energean plc is pleased to confirm that first gas has been safely delivered at North El Amriya and North Idku ("NEA/NI"), offshore Egypt.
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Egypt 2nd largest Arab exporter of LNG to EU, 5th globally
The EU's expenditure on LNG and natural gas delivered through pipelines rose by more than threefold in 2022 to record €208 billion up from €62.5b.
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GASCO: 72 bcm of gas pumped through national grid in 2022
The company secured the needs of the electricity sector, in addition to other economic sectors, exported quantities recorded an increase by 33%.
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Energean announces delivery of 1st gas in Egypt's NEA
Energean announced on Thursday the delivery of the first gas from North El Amriya and North Idku (NEA/NI), Egypt.
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Total Energies Expands Its Investments Portfolio in the Egyptian Petroleum Sector
On the sidelines of CERAWeek, the Minister of Petroleum and Mineral Resources, Tarek El Molla, has conducted a meeting with the CEO of Total Energies