Oil & Gas News
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Petronas Lubricants Expands in Egypt, Aiming to Make It African Export Hub
Discover how Petronas Lubricants International is working with EV For Petroleum Services Company to expand its presence in the Egyptian market.
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Romania's CIS Gaz opens new branch in Egypt
The company said it has also delivered the first batch of Romanian-manufactured equipment for the Egyptian government's Hayah Karima project.
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Egyptian investors consider pumping $380 million to produce sustainable aviation fuel
This fuel is derived from a variety of ingredients ranging from waste oils and fats to sugar crops and some trees and grasses.
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Shell Global aims for new exploration discoveries in Egypt
Shell aims to acquire new concession areas as part of its efforts to increase production, according to El-Molla.
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A New Dawn in Egypt: LUKOIL and EGPC Forge Path for Oil Exploration in the Eastern Desert
Explore the game-changing agreement between EGPC and LUKOIL in Egypt's Eastern Desert, set to enhance oil production, and drive investments.
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Egypt eyeing $17 billion in oil and gas investments by 2030
Oil Minister also meets BP and Adnoc officials to discuss their Egypt gas joint venture.
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Mulla: Oil, gas production in Egypt set to increase with $17B Investments
The plan also includes enhancing crude oil refining capacities and bolstering petrochemical production, with a total investment of approximately $17 b
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BP plans to inject new investments in Egypt amounting to $1.5B
This comes in light of maximizing the use of land and maritime facilities established to accelerate development and production plans to meet demands.
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ADNOC withdraws from Wataniya deal, TAQA Arabia among final offers
The Abu Dhabi National Oil Company (ADNOC) pulled out from the process of bidding on Egyptian Wataniya Petroleum, just as the deal was almost closed.
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ADNOC, BP to form gas joint venture to develop Egypt gas assets
According to the agreement, BP will contribute its assets to the joint venture in three development concessions and exploration agreements in Egypt.
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ADNOC forms JV with bp to boost Egypt’s gas development
BP will hold a 50% stake in the joint venture (JV) while ADNOC owns the remaining 49% interest.
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Egypt, Bulgaria sign MoU to boost natural gas cooperation
The MoU entails sharing of experiences and best practices in natural gas, encompassing extraction, storage, transportation, and liquefaction.
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Taqa gas pens gas supply pact with somabay resort in Egypt
Taqa Gas, a subsidiary of Taqa Arabia, has signed an agreement to supply natural gas to Somabay Resort.
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Egypt to receive final bids to acquire Wataniya within 48 hours
Furthermore, the government plans to finalize the sale of the Jabal El Zeit wind power plant by the end of March 2024, as stated by El Said.
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Molla, Apache CEO review oil, natural gas excavation in Western Desert
The talks also tackled the company’s expansion plans for new drilling operations in the Western Desert.
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Egypt’s Burullus Gas Awards Subsea Engineering Contract
The award to Norway’s Longitude Engineering covers deepsea design and engineering services for Phase 10 of Egypt’s West Delta Deep Marine Concession.
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Egypt Gas records 46% profit decrease in 2023
Meanwhile, revenues slipped 2% to EGP 6.871 billion from EGP 7.025 billion.
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Global Energy Leaders to Come Together at Egypes in Cairo to Address Energies of the Future
Egypt Energy Show (EGYPES) will be held at the Egypt International Exhibition Center (EIEC) from Monday 19 to Wednesday 21 February.
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Burullus Gas lets contract for development offshore Egypt
Burullus Gas Co. let a contract to Longitude Engineering to provide design and engineering services for subsea work offshore Egypt.
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Greek Conglomerate Explores Gas Partnerships in Egypt
The Greek company highlighted interest to collaborate with Egyptian energy companies on gas trading, distribution, infrastructure projects.