Bechtel Signs Consultancy Agreement For Tahrir Petrochemicals Complex
US construction company Bechtel has signed a project management consultancy (PMC) contract with Egypt’s Carbon Holdings for the Tahrir Petrochemical Complex.
News / Egypt
Gas Regulatory Authority to Begin Operations
The newly-established Natural Gas Regulatory Authority will soon begin its operations, the Ministry of Petroleum said in a press statement.
Israel-Egypt Gas Deal: Delek Shareholders Agree to Invest in EMG
Shareholders of Israeli energy company Delek Drilling have agreed to invest in the East Mediterranean Gas Company (EMG), the owner of the pipeline linking gas fields in Israel to Egyptian export terminals.
Eni CEO Dismisses Noor Field Rumors
Eni has denied media reports that the company has discovered a new gas field in the eastern Mediterranean.
El Molla Discusses Egyptian-Italian Collaboration
Egypt oil minister Tarek El Molla discussed Egyptian-Italian collaboration with the Italian Ambassador to Cairo Giampaolo Cantini on June 3.
Egypt Produces 25 Million Tons of Natural Gas in First Four Months of 2018
Egypt produced around 24.6 million tons of natural gas during the first four months of 2018.
World Bank Voices Support for Egypt Energy Hub Project
The World Bank is willing to support Egypt’s project to become a regional energy hub by funding infrastructure and providing technical support.
UK Export Finance to Fund Egypt Energy Sector
The UK’s export credit agency, UK Export Finance (UKEF), announced its willingness to fund Egypt's petrochemical projects.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Oil Sector Doubles Net FDI during July/March FY 2017/18
More than half of Egypt’s net foreign direct investment (FDI) during the first nine months of FY 2017/18 was invested in the oil sector.
