Oil & Gas News
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Turnkey Flexible Thermoplastic Composite Pipes TCP/RTP Pipe Factory for Oil and Gas Industry
Supply of equipment for a plant for the production of Thermoplastic composite pipes (TCP) for the oil and gas industry and hydrogen energy. Turnkey.
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Eni denies talk of major new discovery in Egypt
“There are prospects and new (geological) structures in Egypt but we still haven’t discovered anything...,” Chief Executive Claudio Descalzi.
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Ceramic ball valve for Powder Pneumatic Conveying
Ceramic ball valve for Powder Pneumatic Conveying
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Egypt implements new fuel price increases
80 octane gasoline rose from EGP 3.65 to EGP 5.50 and 92 octane gasoline rose from EGP 5 to EGP 6.75.
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Dana Gas receives dues worth $40 million from Egypt
The amount brings the total dues received by Dana Gas from Egypt in 2018 to $88.8 million.
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EIA confirms trust in Egypt energy sector
Quicker than expected progress on reforms and recent natural gas discoveries have led to renewed interest among foreign investors in Egypt.
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UAE adds oil and gas to its interests in Egypt
UAE investments in Egypt totalled $6.2 billion in 2017, up from $6 billion the previous year.
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SDX Energy discovers more oil in Egypt
Further evaluation of the discovery was ongoing, after which SDX said it expected the well to be completed as a producer.
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Yorktown selling Egypt oil business Merlon
Private equity firm hopes to raise up to $400mln.
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Royal Dutch Shell to resume deep-water exploration off Egypt
The field is owned by Egypt’s General Petroleum Corporation (EGPC), Malaysia’s Petronas and Shell.
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ENI in UAE offshore but sells 10% reserve to Egypt
The deal enabled ENI to have 50% of its stake in Zohr, maintaining the relative majority compared to Rosneft and BP.
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Egypt's new oil refinery to begin test run in third quarter
It is expected to start actual operations by the end of 2018 or early 2019.
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Israeli Natural Gas Giant Signs $15 Billion Export Deal With Egypt
Israeli energy shares leap on news of 10-year, $15 billion natural gas export deal with Egypt from Leviathan and Tamar.
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Petroleum Ministry signs agreement to market Oil discoveries
Egypt Gate project aims to develop advanced mechanisms for marketing oil and gas exploration areas through the International Information Network.
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Egypt to receive new Iraqi crude shipment Thursday
A contract to import 12 million barrels of Iraqi crude for a year was renewed in January 2018.
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Energy group DEA to invest $500 mln in Egypt oilfields
The Hamburg-based company has been involved in exploration and development for oil and gas in Egypt since 1974.
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Egypt's gas production to exceed 6 bcf before end-2018
Production, which has increased thanks to newly discovered fields, will exceed 6 bcf per day before the end of this calendar year.
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International tender for gas prospecting in Egypt
EGas will hold an international call for tenders "to explore natural gas and crude oil in the eastern Mediterranean and the Nile Delta.
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Egypt pays $200 million in foreign oil company arrears in January
Egypt owed foreign oil companies $2.4 billion at the end of June 2017, the petroleum ministry said this week.
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Egypt's Zohr: Towards self-sufficiency in gas?
A look at the potential of the local gas sector in the wake of the Zohr Field starting production in December.