Oil & Gas News
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El Molla reviews projects submitted to the Golden Triangle Authority
The meeting witnessed a review and discussion of offers and investment projects submitted to the Authority in the Golden Triangle area.
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El Molla confirms new gas discovery
El Molla said that in cooperation and coordination with Chevron, is working on evaluating the discovery and generating a plan for its development.
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Tag Oil provides update on operations at the unconventional heavy oil Abu Roash
The first stage of operations will involve conditioning the open-hole section of the well with a production liner.
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Copreci to establish first gas safety valve factory in Egypt
The $7.6 million facility will produce 15 million valves a year and is set to start operations in April 2023.
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Molla, Lukoil discuss upping investments in Egypt
Molla stressed the importance of the years-long partnership and cooperation with the giant Russian oil company.
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Energy efficiency is the best way for industry to cut costs and reduce emissions right now
Energy efficiency is our ‘first fuel’ for a decarbonized future.
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Italy's Saipem wins offshore contracts in Guyana, Egypt for around $1.2 billion
The second contract awarded by Petrobel, a joint venture between Eni SpA and the Egyptian General Petroleum Corporation.
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Egypt to host largest edition of EGYPS 2023 to drive global efforts towards sustainable energy
With an inflow of investments projected to expand by $26 billion, Egypt continues to increase its energy exports.
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New ’Narges’ gas field discovered in Egypt’s Mediterranean waters
The new field was named “Narges” and comes after the Zohr field in terms of importance.
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Egypt seals 108 oil, natural gas deals with international companies in 7 years
The average natural gas production of the country reached 6.5 billion cubic feet a day.
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Egypt provides attractive investments climate for oil, gas exploration
El Molla explained that energy security is an important and vital matter, which reflects the importance of efforts to provide attractive investment.
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Egypt burns more heavy fuel oil to free gas for export
The shift towards mazut, which is mostly produced in Russia, allows Egypt to generate electricity more cheaply and export more gas.
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PetroSafe, PPC assess environmental impact of pipeline replacement
The company said that this project is an important step towards boosting the efficiency of PPC’s national pipeline network for oil transportation.
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24 gas-related agreements worth $2.7B signed in 4 years
Egypt’s production of natural gas was not halted during the coronavirus outbreak despite the worldwide suspension of production.
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Japan supports Egypt to turn into regional energy hub
Japan provided Egypt with $240 million to support the Egyptian government's reform plan of the energy sector.
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Modern gas connects natural gas to three new villages in Qina
This came after natural gas was pumped to these villages as part of the first phase of the Haya Karima (‘Decent Life’) initiative.
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El Molla appoints Ibrahim Abdelqader new ECHEM chairman
According to the ministry’s statement, Mahgoub will start his new position on 13 December 2022.
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El Molla heads Egyptian delegation at OAPEC meeting in Kuwait
The conference represents great importance in activating aspects of cooperation between Arab countries in the oil and gas industry.
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Egypt's gas production up 6.5 bcf per day
The coming period requires cooperation of all peoples to achieve hopes, stability and development for countries.
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Egypt to launch oil, gas international bid round before the end of 2022
Initial approvals have been obtained for the sites that will be put up for bidding, whether in the Mediterranean or the Western Desert.