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.
News / Egypt
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
Dana Gas, ADES-Vatage Sign Deepwater Agreement
Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.
Egypt Produces 1.8 mmboe/d in February
Egypt has achieved highest production of crude oil and natural gas in its history during February 2019, producing 1.8 mmboe/d.
El Sisi Approves EBRD $200 M Loan to EGAS
The loan agreement was signed on December 27, 2017 by Egypt and EBRD to grant EGAS a $200 million loan.
Egypt’s Petroleum Transports Reach 147,131 Tonnes in FY 2016/17
Egypt transported a total of 147,131.3 tonnes of petroleum products during FY 2016/17 through different means, compared to 150,384.1 tonnes in the previous year.
Inaugural Meeting of the East Med Seven Takes Place in Cairo
The meeting included representatives from the seven countries of EMGF, comprising Egypt, Cyprus, Greece, Jordan, Italy, Palestine, and Israel along with the EU.
Egypt, DEA Sign E&P Agreement in the Gulf of Suez
The agreement was signed by Minister of Petroleum, Tarek El Molla; head of EGPC, Abed Ezz El Regal; and DEA Egypt’s General Manager, Sameh Sabry.
Egypt, EBRD Discuss Petroleum Fund Cooperation Projects
The projects included a new diesel treatment unit at the Alexandria Petroleum Company and another project for gas utilization in petroleum fields.
Egypt to Launch 3 E&P Bid Rounds in 2019
EGAS will launch an E&P bid round to search for natural gas in the West Mediterranean.
