Oil & Gas News
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Chevron hits Paydirt With 3.5tcf Egypt gas find
MEES understands that Narges-1X is still drilling having encountered gas at its primary target depth of 3,980ms.
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Egypt private sector shrinks in November after devaluation
The S&P Global Egypt Purchasing Managers’ Index (PMI) slid to 45.4 in November from 47.7 in October.
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Egypt allocates EGP 49.5bn for petroleum sector under FY22/23 plan
A total of EGP 17.60 billion was allocated to petroleum refining activity and a sum of EGP 31.90 billion was allocated to extraction activities.
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Egypt Gas generates $7.91mln in 9M-22 profits
The revenues reached EGP 5.09 billion in 9M-22, compared to EGP 3.62 billion in 9M-21.
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bp awarded new exploration blocks in Egypt’s Offshore Nile Delta
The Northwest Abu Qir Offshore area covers approximately 1038 square kilometres with water depths ranging between 600 metres and 1600 metres.
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TotalEnergies Marketing Egypt and valU partner
Customers will benefit from valU payment solutions, on all the products and services offered at TotalEnergies’ stations in Egypt.
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Egypt Oil & Gas, Ministry of Petroleum welcome new NOC members to EOG committee
The meeting was attended by many industry leaders from the Ministry, international oil companies (IOCs), and NOCs.
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US offshore oil and gas rigs at significant risk of cyberattacks
A U.S. government’s watchdog has warned that U.S. offshore oil and gas infrastructure faces “significant and increasing” cybersecurity risks that.
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Qatar supplies gas to China for 27 years
QatarEnergy signed a 27-year sales and purchase agreement with China’s Sinopec, the longest in the history of liquefied natural gas (LNG) deals.
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El Molla participates in OIF summit in Tunisia
El Molla has met with French President Emmanuel Macron who praised Egypt’s hosting of COP27 in an efficient manner.
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Renewable energy projects to accelerate Egypt’s power, Hydrogen exports
Egypt plans to send electricity to Cyprus and Greece through a cable passing through the Mediterranean.
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5 days left for Egypt Oil and Gas Convention
The event is the 8th of its kind, but this year, it is especially important, as it comes after the crucial discussions that happened in COP27.
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SLB collaborates with Oman’s Ministry of Energy and Minerals
Industry-leading geothermal expertise enabled evaluation of countrywide geothermal potential to explore decarbonization pathways.
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Egypt, EU sign hydrogen strategic partnership MoU
It aims to encourage investments in the infrastructure needed for hydrogen distribution, storage, and export as well as generating renewable energy.
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El Molla praises petroleum sector for impressive performance on national petroleum day
El Molla said that the sector managed to convert the challenges into success stories which makes it an ideal model to be followed.
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Infinity Power, Masdar, Hassan Allam sign framework agreement for green hydrogen project
The project includes development of a 2 gigawatt (GW) green program the Suez Canal Economic Zone (SCZONE).
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APA Corporation cuts flaring in Egypt by 40 percent
The compensation-linked environmental, social, and governance (ESG) goal was reached ahead of schedule.
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Wintershall Dea Egypt’s external revenues reach €103M in Q3 2022
External revenues in its Egypt profile to record €103 million in Q3 2022, compared to €99 million recorded in Q3 2021.
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Egypt petroleum sector signs 7 MOUs in COP27
The deals aim at mitigating carbon emissions and boosting greener practices in the sector.
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Honeywell looks forward to expanding its investments in Egypt
The investments can be in emissions reduction, digitalization, hydrogen production, and improving energy consumption efficiency.