News / Egypt
BP Begins Trial Operations at North Alexandria Offshore Concession
BP has begun trial operations at its North Alexandria offshore concession and is expected to bring the well to commercial production levels this year
El Sisi Met with the CEOs of Global Oil Companies
Egypt's President, Abdel Fattah El Sisi, met with the CEOs of BP, Rosneft, and Eni to discuss the progress on the companies’ projects in Egypt.
Egypt’s Petrochemical Projects to Start Producing by May
Mega petrochemical projects will start providing the local market with fuel by May, pointing out that these projects are able to solve the deficit between natural gas consumption and production.
BP Announces Third Gas Discovery in North Damietta
BP announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 meters in water depth of approximately 108 meters.
El Molla: Human Capital is The Key Factor to Increase Revenue
The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that developing the capabilities of both human capital and assets are important to keep up with the latest advanced technologies, as well as to increase profit.
TBEA, Orascom to Build Substation at Walideya Power Plant
China's TBEA and the Egyptian Orascom won the tender for implementing transformers’ substations and civil works for the Walideya power plant in Assiut.
Aramco to Deliver Two Gasoline Shipments to Egypt
Egypt is set to receive two shipments of gasoline as part of the oil shipments supplied by Saudi Aramco by the end of March.
Metropolitan Egypt, Infinity Energy Sign Contract at EGP 10m
Metropolitan Egypt for Consulting has contracted with Infinity Energy Systems to collect financing worth EGP 10m to establish a solar energy plant in Aswan.
