Oil & Gas News
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ADNOC, BP to form gas joint venture to develop Egypt gas assets
According to the agreement, BP will contribute its assets to the joint venture in three development concessions and exploration agreements in Egypt.
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ADNOC forms JV with bp to boost Egypt’s gas development
BP will hold a 50% stake in the joint venture (JV) while ADNOC owns the remaining 49% interest.
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Egypt, Bulgaria sign MoU to boost natural gas cooperation
The MoU entails sharing of experiences and best practices in natural gas, encompassing extraction, storage, transportation, and liquefaction.
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Taqa gas pens gas supply pact with somabay resort in Egypt
Taqa Gas, a subsidiary of Taqa Arabia, has signed an agreement to supply natural gas to Somabay Resort.
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Egypt to receive final bids to acquire Wataniya within 48 hours
Furthermore, the government plans to finalize the sale of the Jabal El Zeit wind power plant by the end of March 2024, as stated by El Said.
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Molla, Apache CEO review oil, natural gas excavation in Western Desert
The talks also tackled the company’s expansion plans for new drilling operations in the Western Desert.
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Egypt’s Burullus Gas Awards Subsea Engineering Contract
The award to Norway’s Longitude Engineering covers deepsea design and engineering services for Phase 10 of Egypt’s West Delta Deep Marine Concession.
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Egypt Gas records 46% profit decrease in 2023
Meanwhile, revenues slipped 2% to EGP 6.871 billion from EGP 7.025 billion.
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Global Energy Leaders to Come Together at Egypes in Cairo to Address Energies of the Future
Egypt Energy Show (EGYPES) will be held at the Egypt International Exhibition Center (EIEC) from Monday 19 to Wednesday 21 February.
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Burullus Gas lets contract for development offshore Egypt
Burullus Gas Co. let a contract to Longitude Engineering to provide design and engineering services for subsea work offshore Egypt.
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Greek Conglomerate Explores Gas Partnerships in Egypt
The Greek company highlighted interest to collaborate with Egyptian energy companies on gas trading, distribution, infrastructure projects.
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Egypt’s Natural Gas Potential: How ENI’s Orion-1X Could Transform the LNG Landscape
Amidst regional tensions and economic pressures, Egypt’s LNG future hinges on ENI’s Orion-1X well, a potential game-changer for its gas exports.
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Egypt’s state-owned oil companies to invest over EGP 23 bln in FY2024/2025: Minister
Egypt's state-owned oil companies are poised to invest over EGP 23 billion in the upcoming fiscal year (FY) 2024/2025, commencing in July.
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Egypt Encourages Increased Car Conversions to Natural Gas, But Is it Environmentally Safe?
As of April, Egypt successfully converted 500,000 vehicles, marking a significant milestone.
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bp lets offshore Egypt deepwater contract
bp PLC has let a contract to DeepTech for delivery of rig support ROV services for the West Nile Delta development offshore Egypt.
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SDX Energy: Major partnerships and asset sales in Morocco and Egypt
SDX Energy secures key partnerships and asset sales in Morocco and Egypt, enhancing operations and financial position significantly.
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Dragon Oil Starts Production at Egypt’s Al Wasl Field
The company aims to connect the second well – located south of the Belayim 293-5A well – by mid-January 2024.
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Egypt Launches First Production Well in North Safa Oil Field
A second well, currently under construction, is anticipated to be completed by mid-January, which will boost the field’s output to 6,000 barrels.
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United Oil & Gas PLC announces successful drilling of ASD S-1X well in Egypt
United Oil & Gas PLC successfully drills ASD S-1X well in Abu Sennan; awaits Egypt's approval for commercial production commencement.
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With $125M investment… Egypt places 1st well of 'North Safa' field on production map
The first phase of early production in the 'North Safa' field was executed by an Egyptian consortium, comprising "Eni, Petrojet, and Marine Petroleum.