Oil & Gas News
-
Chevron signs MOU with Egypt on methane management
The MoU includes methane and decarbonization study tours and workshops for MOPMR employees at Chevron facilities in the US and other locations.
-
Shell and Energean Egypt partner on carbon capture development
Via this agreement, Energean plans to harness its prior experience in designing carbon capture and storage (CCS) projects in depleted hydrocarbon.
-
Egypt to invest £1 billion in middle east’s first-of-its-kind plant
The project includes the establishment of the first plant in Egypt, Africa and the Middle East for the production of compressed natural gas cylinders.
-
Shell inks deal to explore carbon capture in Egypt
The new project will see the partners work towards decarbonising the liquefied natural gas (LNG) terminal in Idku operated by Shell.
-
ADNOC acquires half of Total Energy fuel stations in Egypt
This is part of the Emirati company’s ambitious strategy that focuses on fast-growing markets.
-
First energy agreement concluded by EU was with Egypt and Israel
The EU wishes to maximize this partnership because Egypt is a reliable partner for the bloc, said Kadri Simon The EU commissioner for energy.
-
Egypt signs 16 MoU during EGYPS 2023's final day
The deals were made within the framework of expanding partnerships, providing new opportunities to the Egyptian petroleum sector companies.
-
EU seeks more Egyptian LNG despite demand concerns
Both Brussels and Cairo are also looking to a potential enlargement of the East Mediterranean Gas Forum (EMGF) to include North African states.
-
Egyptian-Israeli talks on Mediterranean gas and its export
Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla received on Sunday in Cairo, the Israeli Energy Minister Israel Katz.
-
IEF and East Med Gas Forum sign collaboration pact in Cairo
MOU signed to advanced regional energy dialogue encompassing security, transparency and decarbonisation.
-
UAE's Dana Gas to pump $100M investments in Egypt during 2 years
Four international bids have been launched on Egypt's digital portal for exploration and production that was launched early 2021.
-
Egypt to hold three int'l tenders for oil, gas exploration in 2023
Egypt’s production reached 69.2 billion cubic metres (bcm) in 2021/2022 compared to 41.6 bcm in 2015/2016, a growth rate of 66.3 percent.
-
Egypt has leading role in energy markets
Al-Ghais stated during EGYPS 2023 that the oil demand is projected to increase to reach 10 million barrels per day during the coming period.
-
Apache Company increases rigs in Egypt to 17
Egypt Petroleum Show (EGYPS 2023) kicked off Sunday in the presence of President Abdel Fattah El-Sisi, it takes place from February 13 to 15.
-
Sisi poses for photo op with EGYPS 2023 participants
Sisi arrived earlier in the day at the Cairo International Conference Centre (CICC) to open the sixth edition of EGYPS 2023.
-
Discoveries of East Med Gas Forum alleviate gas crisis in Europe
El-Sisi pointed out that the volume of supply was not at the required level during the past years, the prices have been increased during Covid.
-
Egypt oil balance surplus continues for 3rd year exceeding $3B
Four international bids have been launched on Egypt's digital portal for exploration and production that was launched early 2021.
-
Investments worth $1.2bn planned for Zohr field in 2023-2024
Egyptian exports increased by 19.2 percent to hit $46.9 billion during the first 11 months of 2022, compared to $39.3 billion during 2021.
-
Gempetco extends shelf drilling’s Jack-up rig term
The Rig 141 is a Marathon LeTourneau 82-SD-C unit, built in 1982. Its maximum operating depth is 76.2 meters (250 feet).
-
OPEC Fund to lend $50 mln to AFC to boost infrastructure, create jobs in Africa
The collaboration between the OPEC Fund and AFC is targeted at increasing access to long-term sustainable finance for infrastructure projects.