Egypt, Apache Discuss E&P Objectives in the Western Desert
The meeting reviewed available opportunities for the company to pump new investments in the E&P field.
News / Egypt
Egypt Supplies 15.6 M Tons of Petroleum Products in 6 Months
Investments in the oil and gas sector's E&P recorded $2.6 billion, the report noted, revealing that exploration and development in the South Valley recorded $4.7 million.
Diesel Consumption Exceeds 1 M Tons in February
The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through imports.
Parliament Approves Egypt-Cyprus Gas Pipeline Agreement
The agreement was signed in Nicosia in September 2018 in order to facilitate natural gas delivery from Cyprus to Egypt's liquefaction plants in Idku and Damietta.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Private Sector Companies Freeze Natural Gas Imports
Private sector companies stopped applying for natural gas import licenses as Egypt’s natural gas production grew to 6.8 bcf/d achieving self-sufficiency with surplus of exports.
MIDTAP Platform Receives 138 Shipments in 2018
The platform has made 4 million tons worth of petroleum trade movements in 2018, recording 52% increase from 2017.
Egypt Chooses CRCICA for Red Sea E&P Agreement Disputes
Companies will have to submit their offers maximum by August 1st, 2019. Meanwhile, the designated agreement will have certain terms and conditions.
TechnipFMC to Provide EPC Work in Midor Expansion Project
The EPC services contract is worth over $1 billion and is set to be a part of TechnipFMC's Q1 inbound orders in the onshore-offshore segment.
Ganope Announces Red Sea Bid Rounds
The bid round will be open for 10 exploration blocks in Egypt's territorial waters in the Red Sea
