Cabinet Approves Five Oil Draft Agreements
The draft agreements authorize The Egyptian General Petroleum Corporation (EGPC) and several international companies to conduct E&P activities in the Gulf of Suez and the Nile Delta.
News / Egypt
Schlumberger, ENAP Celebrate Signing Digital Integration MoU
The MoU was signed by, Sherif Bayoumy, Managing Director, Egypt & East Mediterranean GeoUnit at Schlumberger, and Denisse Abudinén Butto, CEO of ENAP Sipetrol and General Manager ENAP Sipetrol Egypt branch.
Suez Canal Authority Reduces Transit Rebate on LNG Carriers to 15%
 Suez Canal Authority (SCA) reduced the rebate granted to liquefied natural gas (LNG) carriers to 15% from 25%.
Eni Announces 3 New Discoveries in Egypt’s Western Desert
Petroleum Ministry announced that Italy’s giant Eni has discovered new oil and gas resources in Meleiha and South West Meleiha concessions, in the Western Desert of Egypt.
Gastec, Total Energies Sign Natural Gas Station Cooperation Protocol
The Egyptian International Gas Technology Cor. (Gastec) signed a cooperation protocol with Total Energies to add facilities for supplying natural gas inside its fuel stations.
Egypt, Lebanon Discuss Arrangements for Egyptian Natural Gas Delivery
The meeting comes as a continuation of the discussions to follow up the executive procedures and the steps that have been taken to bring Egyptian natural gas to Lebanon.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt Eyes Oil Products Self-Sufficiency by 2023
The country is now closer to its goal of self-sufficiency thanks to upgrades of existing refineries and the construction of seven new ones as part of a project costing around $7 billion.
UOG Announces Production Commencement at ASX-1X Well
The production came in three weeks from announcing the initial well results.
SDX Energy Spuds MSD-21 Well in Eastern Desert
The MSD-21 well is the first spud in a 12 well development campaign, fully funded, located on the Meseda and Rabul oil fields in Egypt's West Gharib concession, which is located in the Eastern Desert.
