Egypt | Egypt Oil & Gas - Part 464

News / Egypt

Dana Gas Delays Selling Egypt’s Assets 

Dana Gas confirms delaying selling its assets in Egypt.

Egypt Extends Curfew Amid Coronavirus Outbreak

The Egyptian Prime Minister, Moustafa Madbouly, has announced extending a nationwide curfew for more two weeks starting from 9 April until 23 April, in line with the precautionary measurements taken by the government to combat coronavirus outbreak.

SDX Announces New Commercial Discovery  at Sobhi Well

SDX company announced a new commercial discovery at Sobhi Well which is located in the South Disouq Exploration Permit onshore Nile Delta saying that the well has encountered 108 feet net of high-quality gas- bearing sands with an average porosity of 20%.

El Molla Reviews Plans to Ensure Availability of Petroleum Products in Local Market

The Minister of Petroleum and Mineral Resources, Tarek El Molla, affirmed the availability of petroleum products across the local market and that there is a strategic plan in the works to cover the domestic market's demand.

SDX Continues Producing 50 mmcf/d From South Disouq in Q1 2020

SDX company said that its operations in Egypy remain unaffected by the outbreak of Coronavirus at present through the first quarter (Q1) of 2020.

EDC Owns 60% of Egypt’s Onshore Drilling Market

The Egyptian Drilling Company (EDC) now owns 60% of the local offshore drilling market.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Ethydco To Establish Ploybutadiene Project Worth $180 Million

The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.

Egypt, Sudan Start Operating Joint Electricity Grid

The Egyptian Cabinet announced that the initial operation of the electricity grid connecting Egypt and Sudan started with 220 Kilo volt on April 3.

New Town Gas Chairman chairs Board of Directors Meeting

Mohamed Kandil, the new Chairman and Managing Director of the Egyptian Company For Natural Gas Distribution (Town Gas), chaired his first board of directors meeting.

Page 464 of 1040

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