News / 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.

Egypt to Complete Gahdam Fuel Warehouse in 7 Months

Egypt will complete the construction of the Gahdam fuel warehouse in Assiut within seven months.

SDX Announces Oil Discovery in Egypt’s Rabul 4 Well

SDX Energy has announced a new oil discovery at the Rabul 4 well, located in Egypt’s West Gharib Concession.

Egypt, Vietnam Discuss Joint Cooperation

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla met with Vietnamese Vice Minister of Industry and Trade Cao
Quốc Hưng in the first meeting of the Egyptian-Vietnamese sub-committee on trade and industry.

Egypt, EU Sign Energy Partnership MoU

Egyptian Prime Minister Sherif Ismail attended the signing of a strategic energy partnership memorandum of understanding (MoU) between Egypt and the European Union (EU) on April 23rd.

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