News / Egypt

United Oil & Gas Announces Spudding of ASW-1X Exploration Well in Abu Sennan Licence

United Oil & Gas Company announced the spudding of the ASW-1X exploration well in the Abu Sennan Licence, located onshore Egypt.

Aton Given Six Month Force Majeure Compensation Period

Aton Resources announced that it has been granted a six-month force majeure compensation period at the Abu Marawat Concession in the Eastern Desert of Egypt, under the provisions of the Abu Marawat Concession Agreement.

Panel Discussion Highlights Role of MoP Strategy in Accelerating Natural Gas Delivery to Households

Ahmed Mahmoud, Vice Chairman for Planning, Gas Projects & Business Development of Egyptian Natural Gas Holding Company (EGAS), has praised the petroleum development strategy which enabled natural gas connections to reach 14 million housing units over the country.

El Molla: 14M Households Connected to Natural Gas

Minister of Petroleum and Mineral Resources Tarek El Molla announced that about 60% of the households to which natural gas was connected over the past 42 years have been achieved during the last eight years alone, with about 8.3 million housing units out of more than 14 million housing units benefiting from natural gas till date.

El Molla Recognizes Kuwait Energy Egypt at Operational Excellence Awards During 8th EOG Convention

Kuwait Energy Egypt won two awards during the 8th Egypt Oil & Gas Convention for the year 2022 which took place from 27-29 of November under the patronage of Minister of Petroleum and Mineral Resources Tarek El Molla and as part of the petroleum sector's Modernization program.

El Molla Highlights Egypt’s GasReg Role at MEDREG Meeting

The Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted Egypt’s efforts in establishing natural gas infrastructures especially the Gas Regulatory Authority (GasReg) as part of its strategy of energy transition, emission reduction and achieving sustainability.

Egypt Finalizes $1.1B Deal with AMEA Power to Implement Two Renewable Energy Projects

Prime Minister Mostafa Madbouly witnessed the signing of financial closure agreements between AMEA Power from the UAE and a number of international financing institutions worth $1.1 billion to construct two renewable power stations in the Jabal Al-Zayt area of ​​​​Red Sea Governorate and Kom Ombo in the Aswan Governorate, with a production capacity of 1000 megawatts.

ENAP Sipetrol Takes Part in Egypt Oil & Gas’s Energy Security Strategic Roundtable

The Minister of Petroleum and Mineral Resources led the round table supported by ENAP Sipetrol within the activities of the 8th annual Oil and Gas convention with the participation of the ministry and holding companies’ leaders and general managers of international oil companies operating in Egypt.

Egypt, Aibel Discuss Upgrading the Maintenance System to Reduce Emissions

Minister of Petroleum and Mineral Resources Tarek El Molla met with the CEO of Aibel Mads Andersen and a delegation from the company, being a foreign partner with the Egyptian General Petroleum Corporation (EGPC) in the Egyptian Maintenance Company (San Masr). 

Madbouly Holds Talks with Petroleum, Finance Ministers on Petroleum Products Financing

Prime Minister Mostafa Madbouly held a meeting with Minister of Petroleum and Mineral Resources Tarek El Molla Minister of Finance Mohamed Maait, and Vice Minister of Finance for Fiscal Policies Ahmed Kouchouk to follow up on procedures for providing the necessary funding for the import of petroleum products.

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