Oil & Gas News
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Egypt, Jordan sign gas sector MoU: Petroleum ministry
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply.
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Israel's Tamar group to sell gas to Egypt via pipeline
Egypt has been slow in developing its own sizable gas resources and is seeking numerous import options.
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Egypt seals deal with Gazprom to import 35 cargoes of LNG
Russian firm Gazprom will start deliveries of liquefied natural gas in the second half of 2015.
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Eni signs agreement worth 5 bln dollars in Egypt
Eni initiatives in the country are distributed in areas of the Gulf of Suez, in the western desert and Mediterranean offshore.
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Energy deals dominate Egyptian Economic Development Conference on Saturday
Ahram Online follows day two of the EEDC; Suez development project to cover 500 square kilometres and include three major economic zones.
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European ports set to lose LNG supply to Egypt this summer
Egypt is beginning LNG imports from April with roughly 31 cargoes due this summer at price premiums to Europe.
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BP makes second deepwater gas find off Egypt
BP announced its new discovered well is estimated to contain more than 5 trillion cubic feet.
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Egypt: Oil exploration cut-off delayed
Egypt extended the deadline for 2 months so companies can better evaluate the concessions.
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No petrol price increase in FY 2015/2016: Petroleum minister
Egyptian citizen’s economic situation does not allow change in prices, says Ismail.
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Italian firm D'Appolonia wins bid for Egypt's 'Golden Triangle' project
Egypt’s cabinet decided to establish an independent entity to manage the project and start a bid for an international consultancy firm.
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BP unveils USD 12 bn investment in Egypt gas fields
Gas will be produced by two BP-operated offshore blocks North Alexandria and West Mediterranean Deepwater.
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Egypt to promote $10 bn worth of petroleum projects at March conference: Ministry
The government hopes to attract massive investments in oil, LPG lines and petro-chemicals to jolt a faltering economy.
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Egypt: Oil, gas debt to be settled late
Egypt aimed to fully repay its $3.1 billion (R36.2bn) debt to foreign oil and gas companies by the middle of next year.
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$6bn foreign company investments in FY 2015/2016: El Molla
Total foreign investment, which is being pumped this year, is estimated at $7.5bn.
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Egypt: New dept to regulate natural gas market
The new authority will protect consumers and prevent monopolies.
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Egypt to auction 8 oil and gas blocks in Mediterranean: ministry
The auction is expected to be launched before the end of February.
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Italian oil firm “Eni” intends to bolster investments in Egypt
The company believes in the promising opportunities in the Egyptian economy.
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UAE firm to develop efficiency of 7 thermal stations in Egypt
Electricity ministry says that Egypt can save $62m annually through improving quality of consumed fuel.
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Egypt holds Oil and Gas Summit
The summit tackles development of the oil and gas industry and undiscovered resources in Egypt.
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Noble Energy to supply Egypt with 7 LNG cargoes for two yrs from April- statement
Egypt has signed several energy deals in attempts to deal with energy crisis.