Oil & Gas News
-
Greek Conglomerate Explores Gas Partnerships in Egypt
The Greek company highlighted interest to collaborate with Egyptian energy companies on gas trading, distribution, infrastructure projects.
-
Egypt’s Natural Gas Potential: How ENI’s Orion-1X Could Transform the LNG Landscape
Amidst regional tensions and economic pressures, Egypt’s LNG future hinges on ENI’s Orion-1X well, a potential game-changer for its gas exports.
-
Egypt’s state-owned oil companies to invest over EGP 23 bln in FY2024/2025: Minister
Egypt's state-owned oil companies are poised to invest over EGP 23 billion in the upcoming fiscal year (FY) 2024/2025, commencing in July.
-
Egypt Encourages Increased Car Conversions to Natural Gas, But Is it Environmentally Safe?
As of April, Egypt successfully converted 500,000 vehicles, marking a significant milestone.
-
bp lets offshore Egypt deepwater contract
bp PLC has let a contract to DeepTech for delivery of rig support ROV services for the West Nile Delta development offshore Egypt.
-
SDX Energy: Major partnerships and asset sales in Morocco and Egypt
SDX Energy secures key partnerships and asset sales in Morocco and Egypt, enhancing operations and financial position significantly.
-
Dragon Oil Starts Production at Egypt’s Al Wasl Field
The company aims to connect the second well – located south of the Belayim 293-5A well – by mid-January 2024.
-
Egypt Launches First Production Well in North Safa Oil Field
A second well, currently under construction, is anticipated to be completed by mid-January, which will boost the field’s output to 6,000 barrels.
-
United Oil & Gas PLC announces successful drilling of ASD S-1X well in Egypt
United Oil & Gas PLC successfully drills ASD S-1X well in Abu Sennan; awaits Egypt's approval for commercial production commencement.
-
With $125M investment… Egypt places 1st well of 'North Safa' field on production map
The first phase of early production in the 'North Safa' field was executed by an Egyptian consortium, comprising "Eni, Petrojet, and Marine Petroleum.
-
Egypt's petroleum sector thrived in 2023, here's how
Egypt has sealed 29 agreements valued at an impressive $1.2 billion for oil and gas exploration.
-
Top 10 petroleum service companies in Egypt
Petroleum service companies provide a range of specialized services to the oil and gas industry, including engineering, procurement, and drilling.
-
Harbour Energy Signs $11.2 Billion Deal For Wintershall Dea Assets
This amount includes the outstanding bonds of Wintershall Dea, with a nominal value of around $4.9 billion that will be transferred to Harbour.
-
Oil Rises to Highest Level in Two Weeks amid Red Sea Shipping Concerns
The recent escalation in attacks by the Iranian-backed Houthi group in Yemen has fueled a rise in oil prices.
-
Egypt Signs MoU with Romania's “CIS” to Support Implementing Natural Gas Networks
The memorandum of understanding was signed by Mohamed Fathi, Chairman of Town Gas, and the General Manager of the Romanian CIS Gaz Company.
-
Egypt extends contract with Lukoil for Eastern Desert oil concession
Egypt extends Lukoil's contract for the West Esh El-Milaha oil field, boosting production and attracting significant foreign investment.
-
Egypt’s petroleum imports shrink 11.4% in September: CAPMAS
Egypt’s petroleum imports, including crude oil and oil products, dropped 11.4 percent to $1.06 billion in September from $1.2 billion in August.
-
Saudi-led consortium secures major service contract with Egyptian Petroleum Corporation
Saudi-led consortium signs 10-year contract with EGPC to boost production in Egypt's SUCO and OSOCO oil fields.
-
Egypt prepares to export 2 liquefied natural gas shipments to Europe
The shipments will depart from the liquefaction stations in Idku and Damietta in mid-December 2023.
-
Libya’s Ministry of Oil and Gas condemns Egypt-South Korea oil deal
Libyan Ministry condemns Egypt-South Korea deal for exporting Libyan oil via Garjoub without Libya's knowledge or involvement.