News / Egypt
EGAS Launches LNG Tenders for 48 Cargoes
Egyptian Natural Gas Holding Company (EGAS) has tendered to buy at least 48 cargoes of LNG for delivery in 2015/16, reported Reuters, citing three traders. A senior EGAS official also told Reuters that the result of the tender was due by the end of December and that seven companies had bid, adding that the contract would be split among multiple companies.
Egypt Officially Starts Its Hydraulic Fracturing Era
In a landmark deal, Egypt awarded its first unconventional gas contracts to Texas-based Apache Corporation and Shell Egypt, a subsidiary of British-Dutch Royal Dutch Shell.
Sipetrol Announces Successful Gas Discovery in Western Desert
Eng. Sayed Rezk, General Manager of the Chilean State-owned Enap Sipetrol – Egypt and General Manager & Managing Director of the JV Company “PetroShahd” announced a new successful discovery in exploratory well Shahd-4 in the East Ras Qattara Concession
RWE Dea continues successful development of gas resources in Egypt
The development of RWE Dea's natural gas project Disouq in the Egyptian Nile Delta is progressing successfully. The company confirmed another positive appraisal of the North West Khilala (NWK) Gas Field with the development well NW Khilala-1- 4. Major Transpositions and Promotions In Petroleum Sector Top Management
Petroleum Minister Eng. Sherief Ismail issued a decree on February 12, 2014 to apply major modifications in top managerial positions of petroleum companies. PGNIG Withdrawing from Egypt Investment
PGNIG recently decided to withdraw from its oil and gas exploration project in Egypt amid geopolitical risks, reported Reuters. BG Sees Production Falling as Egyptian Gas Curbs Cut Profit
BG Group Plc, the second U.K. oil and gas producer to issue a profit warning this month, said output will drop this year as political turmoil cuts exports from Egypt and other projects are delayed. The shares plunged. Sipetrol Egypt Welcomes it’s new General Manager: Eng. Sayed Rezk
On December 5th Engineer Sayed Rezk, Sipetrol's Deputy General Manager and PetroShahd's General Manager has been appointed to be the General Manager of Sipetrol International S.A- Egypt Branch. 
