Egypt Invests EGP 43 B in Assiut Oil Projects
Investments in oil production and refining projects in Assiut total EGP 43 billion to produce fuels such as gasoline and diesel.
News / Egypt
EU Provides EUR 20 MM for Egypt’s Energy Projects
The European Union (EU) has dedicated EUR 20 million to participate in the financing of energy sector projects in Egypt.
Petroleum Arrows Targets %24 Market Share
Petroleum Arrows Company is seeking to increase its market share in transporting and distributing petroleum products to 24% by the end of 2019.
Schlumberger Appoints Olivier Le Peuch as CEO
Schlumberger's Board of Directors have appointed Olivier Le Peuch as the company's new CEO and member of the Schlumberger Board, starting from August 1.
El Molla Issues New Transfers
Minister of Petroleum and Mineral Resources, Tarek El Molla, has announced new transfers in the oil and gas sector.
NSCO Begins Production in North Sinai Gas Field
NSCO Investments Limited, a subsidiary of the Egyptian Kuwaiti Holding company (EKH), has completed the development of the first well in a North Sinai offshore natural gas concession.
ExxonMobil Considers Logistics Center in Damietta Port
Damietta Port Authority (DPA) Chairman Tariq Shaheen has discussed investment opportunities with a delegation from ExxonMobil.
Egypt to Pump 6.39 bcf/d of Natural Gas to Fulfill Market’s Demand
The Ministry of Petroleum is planning to pump around 6.39 billion cubic feet per day (bcf/d) of natural gas to fulfill the average market’s demand during the current year.
Egypt to Launch Power Grid Link with Sudan by Year-End
The Ministry of Electricity expects the power grid link to begin operations by the end of the year 2019.
EOG Technical Committee Celebrates Two Remarkable Achievements
Committee Chairman Thomas Maher and Co-Chairman Mohamed Fouad accredited the efforts of MOP representatives Maha F. Attia and Enas Shabana, along with EOG CSR Subcommittee and Brownfield Subcommittee.
