Planning Ministry Investing $8.3B in Petroleum Sector
The Ministry of Planning, Monitoring and Administrative Reform is investing $8.3 billion in the petroleum sector in order to boost the capacity of refineries by 10%.
News / Egypt
Emarat Misr to Open New Gas Stations
Emarat Misr will open two new gas stations in 2018, company head Mohamed Othman Eigeza has announced.
Eni Starts Operations at Zohr Second Production Unit
Eni has announced that they have started operations at the second production unit at Egypt's Zohr natural gas field.
Egypt, AFD to Sign Technical Support Agreement
The Egyptian government will sign an agreement within the next three weeks with Agence Francaise De Developpement (AFD) to provide technical support to the new gas regulator in Egypt.
Petrosilah to Invest $55M in 2018/19
Petrosilah Petroleum Company plans to invest $55 million into Egyptian oil exploration during fiscal year (FY) 2018/19.
Zohr Gas Output Reaches 700 mscf/d
Zohr natural gas field output increased to reach 700 million standard cubic feet per day (mscf/d) on April 23.
Mubdala to Sign Zohr Contracts in May
Mubadala Petroleum company is expected to sign the final contracts to acquire a 10% stake in Egypt's Zohr natural gas field in May 2018.
Egypt to Receive Third Iraqi Crude Oil Cargo in June
Egyptian ports will receive the third cargo of 2 million barrels of Iraqi crude oil at the end of June 2018.
Egypt, ABB Discuss Energy Projects
Egyptian President Abdel Fattah El Sisi met with ABB Group's CEO, Ulrich Spiesshofer, where they reviewed Egypt's economic reform program.
EGAS, Snam Sign Natural Gas Infrastructure MoU
Osama El Bakly, head of the Egyptian Natural Gas Holding Company (EGAS), and Marco Alvera, CEO of Snam, have signed a memorandum of understanding (MoU) that will see the Italian consortium participate in Egypt's natural gas and manufacturing sectors.
