This comes with a total investment of $222 million, and a commitment to drill three wells to produce natural gas and establish marine facilities.
29.07.2024
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News by
Egypt Oil and Gas
Egypt is considering a partnership with Jordan to contract an international company to purchase a floating gasification unit.
29.07.2024
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News by
Ahram Online
The agreement is sealed between EGPC; Cheiron Energy and KUFPEC to pump new investments for boosting development operations.
29.07.2024
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News by
Egypt Oil and Gas
The Gulf of Suez Petroleum Company (GUPCO) will drill five new developmental petroleum wells in the North Safa and Al-Wasl fields.
28.07.2024
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News by
Ahram Online
Diesel, one of the most commonly used fuels, saw the biggest increase, rising to 11.50 Egyptian pounds ($0.24) from 10 pounds.
28.07.2024
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News by
Reuters
Egypt's petroleum sector is undergoing significant changes, marked by recent decisions to raise fuel prices and efforts to increase production.
Papers by
Egypt Business Directory
Badawi and Opizzi have also agreed to benefit from Egypt’s position as a regional hub for energy trading to receive the gas produced by ENI SpA gas.
25.07.2024
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News by
Ahram Online
The Ministry of Petroleum and Mineral Resources stated Monday that power plants' consumption of natural gas and fuel in Egypt reached an all-time high
23.07.2024
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News by
Ahram Online
Egypt's natural gas production fell to its lowest level since February 2018, according to data from the Joint Organizations Data Initiative (JODI).
22.07.2024
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News by
Ahram Online
Egypt has been exporting LNG to Europe, but it usually halts these exports during the summer months, to meet soaring electricity demand.
21.07.2024
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News by
oil price
The Egyptian minister said Egyptian-Jordanian ties are historic, adding that Egypt is looking forward to further promote bilateral cooperation.
18.07.2024
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News by
SIS
The Egyptian Ministry of Petroleum and Mineral Resources is set to receive two shipments of liquefied natural gas (LNG) at the Port of Sokhna.
17.07.2024
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News by
Egypt Today
This significant increase in investment and the prospect of drilling new wells were discussed during the Eni delegation’s visit to Egypt.
11.07.2024
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News by
Egypt Today
The agreements included a draft commitment agreement to search for and exploit gas and crude oil in the North Port Fouad offshore area.
11.07.2024
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News by
Asharq Al-Awsat
Over the past three years, Egypt has phased out subsidies on most fuel products as part of an IMF-backed economic reform program.
09.07.2024
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News by
Asharq Al-Awsat
The meeting, held at the ministry’s headquarters in the New Administrative Capital, focused on addressing challenges in the sector.
08.07.2024
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News by
Daily News Egypt
Egypt has received two international shipments of natural gas out of 21 contracted cargoes as part of the country's urgent plan to end power outages.
08.07.2024
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News by
Ahram Online
By the third week of July, things will be in order and the national gas network’s stock will be sufficient, Abdel Aziz noted.
04.07.2024
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News by
Egypt Oil and Gas
