Shell Awaits Red Sea E&P Tender
Shell Egypt is waiting for the bid round to be launched in order to study the possibility of bidding in it, based on studying data and information related to the concessions in the bid round.
News / Egypt
Egypt Conducts Seismic Survey on Suez Gulf, Western Desert
Stable production is a positive sign in a time in which oil fields annual production declined by around 20% to 25%.
Petrobel Allocates $1.2 B for Zohr Development
The company is having an ambitious plan to produce around 1 bcf of natural gas and 1.8 million barrels of condensates, boosting the field's production to 3 billion bcf/d after all the phases are completed.
Egypt to Renew Importing Iraqi Crude Contract
Iraqi crude oil cargoes contribute to the local market's fuel demands, preventing bottlenecks, Tarek El Molla, Minister of Petroleum, noted.
El Molla Reveals EGYPS 2019 Theme, Agenda
Held under the name 'North Africa and The Mediterranean: Delivering The Energy Needs of Tomorrow.', EGYPS 2019 will be an important window for Egypt to exhibit its opportunities and special capabilities in the oil and gas sector.
Egypt to Boost Natural Gas Production by 400 mmscf/d
The output is expected to increase due to the growth of production in Giza and Fayoum fields.
Egypt, Germany to Discuss Petrochemical Projects
Egypt discusses cooperation with German technological companies to develop petrochemical and refining complexes.
Egypt, Germany Sign Economic Partnership
The partnership enhances cooperation in the field of low carbon emission through boosting cooperation in renewable energy and energy efficiency.
Ministry of Electricity, Eni Renew Negotiations over Solar Power Plants
Italian Eni has renewed negotiations with the Egyptian Ministry of Electricity and Renewable Energy over establishing 1000 MW solar power plants with investment costs reaching $1 billion.
IMF Approves Fifth Loan Tranche to Egypt
The IMF board completed the fourth review of Egypt's economic reform program, allowing the fifth tranche to be disbursed to the North African country.
