News / Egypt

El Molla Appoints New Company Heads

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a movement of transfers for a number of heads to several companies in the Energy sector in his endeavor to support the petroleum sector with the necessary competencies.

GASCO’s Natural Gas Distribution Increases 4% YOY

The Egyptian Natural Gas Company (GASCO), announced that its distribution of natural gas has increased to 63.8 billion cubic meters in 2019, compared to 61.5 billion cubic meters in 2018, which is a 4% year-on-year (YOY) increase.

Energy Sector Completes 156 Projects in H1 2019/2020

The Ministry of Planning and Economic Development (MPED) has published a report of the H1 2019/20 outcomes of the Ministries of Electricity and Petroleum and Mineral Resources, indicating that the energy sector has completed 156 projects in the oil, electricity, and renewable energy sectors with a total investment of about EGP 28.7 billion.

Petroleum, Environment Ministries Discuss Drainage Problem

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and Minister of Environment, Yasmin Fouad discussed the industrial drainage problem in the Gulf of Suez.

SDX Energy Commences New Operations at South Disouq

SDX Energy is excited by the SD-12X (Sohbi) well at South Disouq in Egypt after starting drilling, and believes it has the potential to extend the current plateau production of 50 MMscfe/d to 2024.

PAS Signs Purchase Contract for Two Helicopters

Petroleum Air Services (PAS) has signed a contract for purchasing two helicopters as a response to the expected demand for discovery, exploration and production (E&P) activities in the Mediterranean as well as other areas, the Chairman of PAS, Yehia Hussein said.

Wintershall Dea 2019 Results Show Strong Operational Performance

Europe’s leading independent gas and oil company, Wintershall Dea, has released the results for its fourth quarter and full year 2019 results that showed strong operational performance.

DNV Introduces New Digital Tool to Manage Safety, Cost Risks

DNV GL, the technical advisor to the oil and gas industry has introduced a new methodology designed to address the major safety threat and multi-billion-dollar cost posed by corrosion under insulation (CUI).

Enppi, Petrojet Completes Ain Sukhna’s SUMED Product Hub Project

Enppi and Petrojet have successfully executed Ain Sukhna’s SUMED Product Hub to meet the local market needs from petroleum products, imports, storages, and re-exports.

Several Companies Request Geological Maps for Gold Mining

The Deputy Minister for Mineral Resources Affairs, Alaa Khashab said that many companies had requested from the Egyptian Mineral Resources General Authority (EMRA), to obtain geological maps and studies related to the gold mining in Egypt.

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