Oil & Gas News
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Interview – Africa depends on Egypt for natural gas
Ayuk explained that the chamber plans to establish a branch in North Africa, with Cairo to be involved.
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Egypt's IOU to Capricorn Energy grows to $145 million
This has grown to $145 million at the end of May, it said on Monday, of which $104 million "is overdue".
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Egypt’s Petrojet, Siemens to provide tech solutions for Middle East industrial sector
The companies will have a special focus on water, oil and gas, tunnels, and infrastructure projects across the region, said a statement from Siemens.
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Eni Egypt Well Disappoints
The Nesr-1 well, one of two targets currently being drilled by Italian firm Eni off Egypt’s Nile Delta has struck sub-commercial gas volumes.
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Egypt to convert 17,000 more cars to natural gas fuel
MSMEDA has signed two contracts at EGP 200 million with two companies to convert thousands of vehicles from gasoline to natural gas.
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Israel Joins Egypt and Palestine in Rare Partnership to Develop Gaza Gas Field
Egypt and the PA announced the deal in October, awaiting Israel’s approval, which has now been granted.
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Egypt takes new steps towards being an energy hub
Currently, Egypt already produces an amount of natural gas ranging from 6.5 to 7 billion cubic feet per day.
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Egypt reportedly aims to increase oil exports by 15% in 2023
According to the document, Egypt's oil exports reached $18.2 billion in 2022, a significant rise from $12.9 billion in 2021.
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The Egyptian International Gas Technology selects ECS & SAP to power their digital transformation journey
The project aims to automate and streamline business processes, while increasing the agility of operations at GASTEC.
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Egypt increases gas, LNG exports to Jordan
Egypt’s gas exports to Jordan are set to increase, with the signing of two new agreements on Saturday that facilitate LNG storage and regasification.
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Egypt's GAFI, Petrotrade sign cooperation protocol on safe disposal of petroleum waste
On its side, Petrotrade will be committed to offering its services in competitive prices under the umbrella of GAFI.
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TAQA Arabia powers into Egypt’s stock market listing
Beginning Sunday, TAQA Arabia's shares will be included in the EGX database under the ticker symbol (TAQA.CA) and will be assigned to the utilities.
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Wintershall Dea makes natural gas well discovery in Egypt
Wintershall Dea has partnered with the Egyptian Natural Gas Holding Company (EGAS) on the Disouq gas project.
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Cyprus’ offshore Aphrodite gas field to be linked to Egypt: NewMed
Partners in the Aphrodite natural gas field including Israel’s NewMed Energy, have announced their intention to build a subsea pipeline.
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UAE’s Dana Gas eyes $100 million investment to drill new wells in Egypt
Mubaideen added that drilling activities for the new wells are expected to commence this year.
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Egypt inaugurates new expansions to North Geisum Oil Field
Minister of Petroleum and Mineral Resources Tarek El-Molla has inaugurated the expansions of the North Geisum Oil Field at the PetroGulf Misr.
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Sovereign Fund of Egypt begins receiving acquisition bids for Wataniya Petroleum
The fund showed strong flexibility in the process of issuing shares, as it replied that there is no maximum limit for selling shares in the company.
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Egypt Achieves Stability in LNG Exports
Importers of Egyptian LNG include European and Asian markets, as Egypt develops its eastern Mediterranean fields.
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ADNOC, ENOC and Petromin named in bid for Egypt’s Wataniya
Egypt’s Wataniya and the National Company for Natural Water Bottling, known as Safi are on offer.
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Egypt’s SCZONE, Saudi’s ACWA Power sign agreement for green fuel project
The two entities agree to work towards a framework agreement for the green fuel project.