Oil & Gas News
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El Molla meets with oil, gas committee of the American Chamber of Commerce
The meeting reviewed the committee’s activity during the recent period and its future plans in coordination with the petroleum sector.
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Egpc launches international bid round for brownfields in gulf of Suez, Eastern desert
The bid round includes eight producing fields. This is done for the first time after studies confirmed that there are quantities of crude oil there.
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Fuel prices will rise in Egypt as of Thursday
The committee follows up and implements the involuntary pricing for petroleum products on a quarterly basis.
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US, Qatar, Egypt Supply Europe’s LNG Demand
European imports of liquefied natural gas (LNG) rose by 63 % in 2022, to compensate for the interruption of supplies through Russian gas pipelines.
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UOG encounters 22 meters of net oil pay while drilling ASH-8 well
In a statement, the company said that this result came after drilling a total depth of 3,999 meters and is in line with pre-drill expectations.
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Middle East Energy to bring together over 170 countries for its 48th Edition
The event is set to bring together buyers and sellers from different countries to explore the latest advancements in energy products and solutions.
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Oman oil marketing company to sell lubricant oils in Egypt
The signing ceremonies took place during the Egypt Petroleum Show (EGYPS) 2023, an annual Petroleum and Energy event.
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Investments in oil field, gas exploration amounted to LE 18B
Madbouli said that the state is implementing these investments to increase energy in the gas fields in North Sinai.
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Huawei Digital Power, petroleum sector companies sign five MoUs
Huawei Digital Power signed an MoU with Tanmia in the presence of Minister of Petroleum and Mineral Resources Tarek El Molla and Huawei NAF CEO.
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Wintershall DEA COO: Egypt third largest producer in company portfolio
With global energy markets hungry for additional natural gas reserves, the German energy giant has also set its sights on more discoveries in Egypt.
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Israel-Egypt energy ties deepen as 2022 sees record gas flows
Egypt’s imports of Israeli piped gas soared 49% year on year to a record 607mn cfd for 2022 and 838mn cfd for December.
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Wintershall Dea Talks Performance, Carbon Management in 2023 Annual Conference
In its 2023 Annual Press Conference, Mario Mehren, Wintershall Dea’s CEO talked about the company’s portfolio, including its performance in Egypt.
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Chevron signs MOU with Egypt on methane management
The MoU includes methane and decarbonization study tours and workshops for MOPMR employees at Chevron facilities in the US and other locations.
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Shell and Energean Egypt partner on carbon capture development
Via this agreement, Energean plans to harness its prior experience in designing carbon capture and storage (CCS) projects in depleted hydrocarbon.
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Egypt to invest £1 billion in middle east’s first-of-its-kind plant
The project includes the establishment of the first plant in Egypt, Africa and the Middle East for the production of compressed natural gas cylinders.
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Shell inks deal to explore carbon capture in Egypt
The new project will see the partners work towards decarbonising the liquefied natural gas (LNG) terminal in Idku operated by Shell.
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ADNOC acquires half of Total Energy fuel stations in Egypt
This is part of the Emirati company’s ambitious strategy that focuses on fast-growing markets.
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First energy agreement concluded by EU was with Egypt and Israel
The EU wishes to maximize this partnership because Egypt is a reliable partner for the bloc, said Kadri Simon The EU commissioner for energy.
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Egypt signs 16 MoU during EGYPS 2023's final day
The deals were made within the framework of expanding partnerships, providing new opportunities to the Egyptian petroleum sector companies.
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EU seeks more Egyptian LNG despite demand concerns
Both Brussels and Cairo are also looking to a potential enlargement of the East Mediterranean Gas Forum (EMGF) to include North African states.