News / Egypt

Egypt Gas, Georg Fisher, Corys to Produce PE Pipes

Egypt Gas's Board of Directors accepted an agreement with the Swiss Georg Fisher Ltd and the UAE’s Corys Building Materials to establish a company specialized in producing polyethylene (PE) pipes.

TCI Sanmar to Increase Investments in Egypt in 2020

The Indian TCI Sanmar Chemicals SAE plans to boost its investments in Egypt by more than $200 million in 2020.

Ministry of Petroleum Issues New Transfers, Reassignments

The Ministry of Petroleum and Mineral Resources issued on November 26 new transfers for the heads of companies belonging to the petroleum sector.

EDF, KarmSolar Enters Strategic Partnership

EDF Renewables, an affiliate of EDF Group, has entered into a strategic partnership for developing distributed solar in Egypt with KarmSolar, a developer and supplier of solar power in Egypt.

Egypt is Bidding for Gas Exploration in Mediterranean in H1 2020

The Egyptian Natural Gas Holding Company (EGAS) intends to launch an international bid round for natural gas exploration in the western Mediterranean region in H1 2020.

Enppi Follows Up on HSE in Its Sites

Under the framework implemented for ‘Safety Week 2019,’ Ashraf Bahaa, Enppi Chairman and CEO, appointed Nasr Amasha, Chairman Assistant for Construction, to visit the site of the Assiut Oil Refining Company (ASORC), and Ahmed El-Khalifa, General Manager for Projects, to visit Alexandria’s site of the Middle East Oil Refining Company (MIDOR).

El Sisi, Descalzi Discuss Eni’s E&P Activities in Egypt

Egyptian President, Abdel Fattah El Sisi, met Eni CEO, Claudio Descalzi, to periodically follow up the progress achieved in Eni’s exploration and production (E&P) activities in Egypt.

El Molla, Lind Discuss Cooperation Ways in Oil, Gas

The Minister of Petroleum and Mineral Resources, Tarek El Molla, met the Norwegian Ambassador to Egypt, Lene Natasha Lind, to discuss possible cooperation ways in the oil and gas sector.

Monday Minutes: Economic Snapshot

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

Baltim’s Third Well to Be Linked to Year-End Production

The third well is expected to add around 100 million cubic feet per day (mmcf/d) of natural gas, and 650 barrels of condensates.

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