Energy Recovery Awarded $3.3 million for Egypt Desalination Project
Energy Recovery Inc. announced a $3.3 million order to supply its PX Pressure Exchanger for a water desalination project in Egypt, expected to ship in Q4 2018.
News / Egypt
Egypt’s Budget Deficit Falls to 9.8% in FY 2017/18
The Egyptian budget deficit for fiscal year (FY) 2017/18 was 9.8% of gross domestic product (GDP), a decrease from 10.9% the previous year, achieving a primary fiscal surplus for the first time in 15 years, deputy finance minister Ahmed Kouchouk stated on July 26.
Zohr Gas Field Capacity to Reach 2 bcf/d by September
The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni.
Egypt’s Monthly Gas Production Increases by 500,000 Tons in May
Egypt's monthly gas production increased by 500,000 tons in May 2018.
Egypt to Purchase Insurance Against Oil Price Fluctuations
The Egyptian cabinet has announced that the country will purchase insurance contracts from international financial institutions to hedge against fluctuating global oil prices.
Egypt to Resume Gas Exports to Jordan in 2019
Egypt will resume gas exports to Jordan on January 1, 2019 with a flow of 1 million cubic meters per day.
El Molla: Citizens Will Not Pay Interest on Gas Link Costs
Citizens will not be charged interest on the costs of connecting their houses to the natural gas grid, oil minister Tarek El Molla has announced.
Eni To Start Production from South Meleiha Within 3-6 Months
Eni will begin production from the South Meleiha concession in the Western Desert’s Faghur Basin within three to six months.
Apache to Drill Three Wells in Western Desert
Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, according to an oil ministry source.
SDX Announces Gas Discovery in South Disouq Consession
SDX Energy has announced another gas discovery at its SD-3X well in the South Disouq concession in Egypt.
