Oil & Gas News
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GE Oil & Gas and Petrojet manufacture 1000th pumping unit for oil and gas
The 1000th pumping unit celebration was formally inaugurated by senior government officials and representatives of GE Oil & Gas and Petrojet.
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Egypt's natural gas exports drop 73.4 pct in July: Report
Gas exports drop sharply year-on-year in July, with the domestic electricity sector upping its consumption of total natural gas production.
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Egypt awards oil and gas exploration blocks
The concessions are for areas in the Suez Canal, Egypt's western desert, the Mediterranean sea and the Nile Delta, the state-owned firms said.
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Egypt's EGPC says to buy 65% oil imports from UAE's ADNOC
The agreement covers gasoline, diesel, heavy fuel and liquefied petroleum gas (LPG) that is used in homes, Egypt's cabinet said in a statement.
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Egypt expects $425 million from Islamic Development Bank, for refinery, airport
$198 million are earmarked for a refinery in Assiut, and $226.8 million will go towards the first phase of the Sharm el-Sheikh airport project.
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Port Said first governorate to fully apply Smart-Card system
Port Said was chosen as a pilot governorate for the implementation of the Fuel Smart-Card system in Egypt.
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Egypt signs $500 mln World Bank gas loan
The loan will help fund a Petroleum Ministry plan to connect 850,000 Egyptians, particularly in largely rural Upper Egypt, to a natural gas grid.
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SacOil acquire oil field in Egypt
The field is at a development stage with heavy oil (16-18° API) in shallow reservoirs and light oil potential in deeper reservoirs.
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Egypt to fix feed-in tariff for renewable energy
Move should spark investment in alternative forms of energy in Egypt - hit hard by an energy crisis in recent years.
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Egypt puts back first LNG import terminal start to December
Egypt's oil ministry and Norway's Hoegh LNG said in May they had agreed for Egypt to use one of Hoegh's Floating Storage and Regasification Units.
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Renewable energy is Egypt's raft out of crisis: Experts
The solutions are known, but the will to implement them is absent, say energy experts discussing Egypt's energy crisis.
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Egypt needs $12bn in 5 years for electricity crisis: Sisi
The president added that these funds will be invested to enable power stations to bear the increasing demands.
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Egypt to borrow $1.4 bn to pay foreign oil debts
Loan will repay around 25 percent of $6 billion debt to foreign oil companies working in Egypt, amid drive to increase foreign investment.
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EGAS halts pumping of gas to Idku plant
By contract, the Idku liquefaction plant should be pumped 1.13bn cubic feet of gas per day, but the rates have been decreasing gradually.
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UAE to provide Egypt with $8.7 bln petroleum products
"We will complete all the details this week and the first shipment will be sent next week," the official said, referring to the UAE agreement.
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BG Egypt enhances gas infrastructure to bring new wells on
The new well control system can now manage the production from additional wells simultaneously.
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How big is the Israel-Egypt Gas deal for Noble Energy?
Egypt and Israel are believed to be on the verge of a massive $60 billion natural gas deal.
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Gas imports from Israel to save Egypt $10 per million BTUs
Egypt will receive gas imported from Israel at a price no greater than $8 per million BTUs compared to an average price of $16 per million BTUs.
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UAE to provide Egypt with loan to purchase petroleum products
"The Emirati loan will last for one year and is allocated to purchase petroleum substances," Mulla said.
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RWE Dea starts up Egypt’s Disouq gas treatment plant
RWE Dea AG has started gas production from the central treatment plant (CTP) of the Disouq development project in Egypt.