Egypt Gas Announces Q1 Losses
Egypt Gas Company has announced pre-tax losses of EGP 12 million in Q1 2018.
News / Egypt
Shell to Start Production at Phase 9B in WND
Royal Dutch Shell will start production at the 9B phase of the West Nile Delta (WND) project during Q3 2018.
El Molla Announces Ministerial Promotions
Egyptian Minister of Petroleum, Tarek El Molla, has announced new promotions and transfers for senior positions in the Ministry of Petroleum.
EGPC Increases Diesel Supplies Ahead of Ramadan
Egypt has increased the daily amounts of diesel delivered to the local market to around 41,000 tons.
LPG Investors Association: 140M Subsidized LPG Cylinders Go To Non-Eligible Citizens
The Egyptian government subsidizes non-eligible citizens with over 140 million liquefied petroleum gas (LPG) cylinders each year.
Egypt, Aramco Discuss Oil Cooperation
Ibrahim al-Buainain, CEO of Aramco Trading Company, has said that there are good opportunities for investment and expansion of existing cooperation between Egypt and Saudi Aramco.
Egyptian Parliament Approves E&P in North Sinai
The Egyptian Parliament has approved legislation to allow the Minister of Petroleum, Tarek El Molla, to contract with the Egyptian General Petroleum Corporation (EGPC) and Perenco North Sinai Petroleum to amend the exploration and production (E&P) agreement for the North Sinai offshore concession.
Agiba Produces 20 mscf/d Natural Gas
Agiba Petroleum Company is producing between 48,000 and 50,000 barrels of crude oil per day (b/d), around 20 million standard cubic feet per day (mscf/d) of natural gas, and around 50 tons of butane per day.
TGS Completes Red Sea Seismic Survey
TGS has finished collecting data from a 10,000-km 2D seismic survey in Egypt’s Red Sea.
BP Invests EGP 80M on Health, Education
BP has invested a total of EGP 80 million into health and education services in the Edku and Rosetta regions.
