News / Egypt

UNICO to Acquire Rockhopper Egypt for $16 MM

United Oil and Gas Company (UNICO) declared its proposal to acquire Rockhopper Exploration Egypt for $16 million.

Eni Announces New Production from Western Desert, New Near Field Discoveries

Eni announced that production from South West Meleiha development lease has started. In addition, two near oil fields have been discovered in the Meleiha development lease in Western Desert.

Petrobel Announces New Gas Discovery in Nile Delta

Belayim Petroleum Company (Petrobel) announced that it has achieved a new natural gas discovery in the Nile Delta concession area.

Wintershall Dea Strengthens Its Commitment to Egypt

Wintershall Dea strengthens its commitment to Egypt as Mario Mehren, CEO of Wintershall Dea, visits the country for the first time and meets with prominent government officials and industry leaders to discuss further cooperation.

Al Manar Group Plans 35% Production Hike in 2019

Al Manar Group's factory in the 6th of October City has reached a production capacity of about 5,500 tons a year.

GANOPE Extends Deadline for Red Sea Bid Round

Ganoub El Wadi Petroleum Holding Company has moved the deadline for receiving offers for its international bid for oil and gas exploration in the Red Sea from August to September to allow more companies to submit their offers.

Monday Minutes: Economic Snapshot

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

Wintershall Dea Holds Gala Dinner to Celebrate Merger

Under the patronage of H.E Eng. Tarek El Molla, and the Embassy of the Federal Republic of Germany, Wintershall Dea has held a Gala Dinner event at Salah Eldin Citadel on July 21, among a group of high-level attendees, to celebrate the successful merger, that has resulted in forming the largest European independent oil and gas company.

Halliburton to Train 20 Young Industry Calibres

The Ministry of Petroleum and Halliburton have signed an agreement for cooperation in training the sector's young calibers, in line with the Sector Modernization Project's HR Management Pillar.

NUCA, FAS Ink MoU for Waste-to-Energy Station

The New Urban Communities Authority (NUCA) has signed a memorandum of understanding (MoU) with FAS Energy Company to establish a waste-to-energy (WtE) station.

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