Oil & Gas News
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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.
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Global OCTG (Oil Country Tubular Goods) Industry : Market Share, Trends, Insight and Application 2017
ResearchMoz presents professional and in-depth study of "Global OCTG (Oil Country Tubular Goods) Market: Industry Analysis & Outlook (2017-2021)".
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Analysis of Seismic Survey Market in Global Industry : Trends, Demand and Technology 2017
ResearchMoz presents professional and in-depth study of "Global Seismic Survey Market: Industry Analysis & Outlook (2017-2021)".
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Egypt to allow companies to export gas in five years
Once an energy exporter, Egypt became an importer of natural gas after domestic output failed to keep pace with rising demand.
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Zohr gas field starts production
Eni’s discovery of Zohr in August 2015 promises to satisfy much of the local demand and could make Egypt a gas supplier for the eastern Mediterranean.
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Market Trend : Backup Power Systems Market for Oil and Gas Industry Globally Grow at a CAGR of 4.27% by 2021
ResearchMoz presents professional and in-depth study of "Global Backup Power Systems Market for Oil and Gas Industry 2017-2021".