Siemens will work on upgrading generators in the oil fields and refining labs in order to improve operational efficiency.
23.04.2017
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News by
Trade Arabia
The deal is worth over $4 billion based on current market prices.
06.04.2017
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News by
The Daily Star
The field was discovered in August 2015 by Italian oil company Eni, with an estimated 850 billion cubic metres of gas.
04.04.2017
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News by
Ahram Online
The drop highlights ongoing weakness in Egypt's private sector Although the economy's rebalancing process is proceeding as one would expect.
04.04.2017
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News by
The Times of India
Development of Qattameya could help unlock the resources in other nearby discoveries with similar shallow low pressure characteristics.
29.03.2017
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News by
Energy Business Review
Tarek El Molla said that a deal to import crude from Iraq would remain in place as it was not a replacement for Saudi oil shipments which were halted.
19.03.2017
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News by
Business Standard
ENI's milestone discovery of Zohr, estimated to hold 30 trillion cubic feet of gas reinvigorated the interest of oil and gas companies in the region.
15.03.2017
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News by
NZ Herald
Egypt's arrears owed to foreign oil companies stood at $3.5 billion at the end of December, down from $3.6 billion in September.
15.02.2017
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News by
Ahram Online
On November 19, 2015 Russia and Egypt signed an inter-governmental agreement on constructing the first nuclear power plant in El Dabaa.
13.02.2017
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News by
TASS
This comes as record-high inflation pushed up prices charged by businesses and sent employment to a four-month low.
06.02.2017
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News by
The National
Iraqi Ambassador Habib El-Sadr praised Egypt's support for Iraq's counter-terrorism efforts and the strategic relations between the 2 countries.
12.01.2017
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News by
Ahram Online
Egypt began a trial run for the fuel smart card system with official assurances that the system does not limit individuals' share of subsidies.
04.01.2017
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News by
Ahram Online
However, Eni has a 50 percent participation stake in the North Ras El-Esh block, which is operated by BP with an equity of 50 percent.
28.12.2016
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News by
Ahram Online
Oil market drove prices down and created a depreciating marketplace, while forcing the intergovernmental OPEC to take action.
26.12.2016
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News by
Daily News Egypt
The board approved the purchase of a 30%-stake in the concession agreement regarding the Shoruk bloc in Egypt.
13.12.2016
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News by
TASS
The company refused to pay for developments to offset the natural decline in production.
12.12.2016
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News by
Daily News Egypt
Business activity in Egypt shrank in November as weakness in the pound currency raised costs and hit output, a survey showed.
06.12.2016
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News by
Reuters
The Ministry of Electricity and Renewable Energy plans to increase the amount of power generated from renewable energy sources from 12% to 22% by 2022
01.12.2016
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News by
Oxford Business Group
Egypt says Saudi Arabia has halted fuel shipments indefinitely, in a sign of lingering tensions following a dispute over the conflict in Syria.
08.11.2016
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News by
Fox Business
Egypt's oil ministry has signed a memorandum of understanding with its Iraqi counterpart to pave the way for Egypt to import oil from Iraq.
02.11.2016
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News by
NZ Herald
