British Petroleum (BP) wins a bid for offshore exploration in Egypt. The oil giant secures this as part of the 2022 International Bid Round by the Egyptian Natural Gas Holding Company.
04.10.2023
|
News by
www.dailynewsegypt.com
Between 2014 and 2023, the Egyptian government invested LE1.2 trillion in the oil and gas sector, evidenced by completed projects worth LE844.2bn and others in-progress worth LE344bn.
03.10.2023
|
News by
egypttoday.com
Egypt has converted 507,000 vehicles to run on natural gas as part of its national initiative meant to replace old cars that use traditional gasoline.
01.10.2023
|
News by
Ahram Online
Egypt engages directly in the oil derivatives market to lock in supplies, becoming a significant market player. An official revealed that Egypt has purchased hedging contracts covering 35% of its expected oil imports.
28.09.2023
|
News by
EgyptToday
The companies paid $7.5 million in signature bonuses and have committed to investments totalling about $281 million.
27.09.2023
|
News by
upstream online
Egypt has unveiled a new licensing round, offering up 23 diverse onshore and offshore blocks in proven basins and in frontier areas.
26.09.2023
|
News by
upstream online
The targeted investments in the petroleum sector until the end of the current fiscal year are estimated at between 8.5 and 9 billion dollars.
25.09.2023
|
News by
See news
Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with BG International, a subsidiary of Shell.
25.09.2023
|
News by
Ahram Online
The Gasco project is expected to provide employment opportunities for about 2,500 workers with an investment cost of about $380 million.
24.09.2023
|
News by
Asharq Alawsat
ADNOC Distribution, the UAE's largest fuel and retail distributor, inaugurated its first fuel service station in Egypt, read an official statement.
24.09.2023
|
News by
ahram online
Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with BG International, a subsidiary of Shell.
21.09.2023
|
News by
Ahram Online
The OPEC Fund for International Development supports food security in Egypt with a $10 million allocation for commodities imports. This is part of a $200 million trade finance facility in collaboration with ITFC.
21.09.2023
|
News by
EgyptToday
The government of Egypt aims to substantially increase the production of oil and gas within the Zohr field.
20.09.2023
|
News by
oil and gas middle east
Gas production in the giant offshore Zohr field went down by 11 percent in fiscal year 2022/2023: Egypt's Petroleum and Mineral Resources Ministry.
19.09.2023
|
News by
Ahram Online
Egypt owns huge petroleum capabilities and a strong infrastructure that enables it to implement ambitious programs and plans to increase production.
18.09.2023
|
News by
Egypt independent
Algeria, Nigeria, and Egypt currently lead the pack in LNG exports having the highest export capacity on the continent.
14.09.2023
|
News by
LNG industry
One of its new core elements is Egypt, with major developments seen in the past week or so.
14.09.2023
|
News by
oil price
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters.
13.09.2023
|
News by
Reuters
The Suez Canal Authority signed 23 memorandums of understanding for the production of green fuel, 9 of which were signed during COP 27.
10.09.2023
|
News by
Egypt Today
The Cairo-listed energy company TAQA Arabia co-established a natural gas distribution company in Saudi Arabia with a Saudi company.
10.09.2023
|
News by
Ahram Online
