News / Egypt

Shell Starts Drilling First Exploration Well by End of August

Shell announced that the “Discoverer India” Drillship will start drilling in the first 6,000 meters deep marine well, West Delta Deep Marine (WDDM) concession by the end of this August.

Egypt to Drill Two New Gas Wells in North Damietta

The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investments.

Monday Minutes: Economic Snapshot

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

IDM Appoints New Chairman

The Ministry of Petroleum has appointed Kamel Hassan as Chairman and Managing Director of International Drilling Material Manufacturing Co. (IDM).

Town Gas Delivers Natural Gas to 150,000 Housing Units

The Egyptian Company for Natural Gas Distribution (Town Gas) delivered natural gas to 150,000 housing units during H1 in 2019.

El Molla Boosts Cooperation in HSE Activities

Tarek El Molla, the Minister of Petroleum, met with David L. Phillips, Chairman of the Board Bilateral US-Arab Chamber of Commerce, along with JNG Chairman to discuss Health, Safety and Environment (HSE) approaches.

Al Manar Group Increases Production with 40%

Al Manar Group aims to to increase its annual growth rate with 35% to 40% by the end of Q4 of 2019.

EOG Launches New HSE Subcommittee

The first meeting of the EOG HSE Subcommittee was held on Wednesday at Halliburton's office to discuss ideas on how to enhance HSE practices across the Egyptian petroleum sector and raise the level of awareness among the workforce, by establishing a culture of safety that builds on the industry’s accumulated experience.

Gastec Explains the Mechanism Behind Bi-Fuel Cars Conversion

Gastec’s Chairman and Managing Director declared some steps that shall be taken prior turning the vehicle into a gas-powered one.

Egyptian Buses to Have Bi-Fuel Engines

Mostafa Madbouly, the Prime Minister, held a meeting with the Heads and Representatives of companies’ that manufacture microbuses and minibuses to present the government’s plan to expand in manufacturing new bi-fuel vehicles and converting old ones.

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