News / Egypt
Oil Minister Forms Committees to Review, Inspect Gas Meters
Tarek El Molla, Minister of Petroleum and Mineral Resources, held a meeting to review the current status of bills regarding natural gas consumption at home.
PM Ismail Praised BP’s Operations in Egypt
Egypt's Prime Minister, Sherif Ismail, received British Petroleum’s (BP) CEO Production, Bernard Looney, and Regional President of BP North Africa, Hesham Mekawi, in the presence of the Egyptian Minister of Petroleum, Tarek El Molla, in April, to discuss the company's growing activities in the oil and gas industry in the country.
ELAB Announces 2015 Production Results
Egyptian Linear Alkyl Benzene's (ELAB) Chairman and CEO, Hany Marwan, said that in 2015 the production plan for linear alkyl benzene (LAB), the raw material used in the production of detergents, was achieved with a 19.5% increase and that production has reached 119,500 tons, according to a press release that Egypt Oil & Gas received.
EETC, Alstom to Install Five Transformer Stations Worth $227m
Egyptian Electricity Transmission Company (EETC) plans to contract with French company Alstom for the installation and supply of five transformer stations with capacities ranging from 220kV to 500kV, at a total value of $227m, a senior official at the Ministry of Electricity and Renewable Energy told press.
Gasco Distributed 48bcm of Gas in Egypt in 2015
Egyptian Natural Gas Company's (Gasco) Chairman and Managing Director, Karem Mahmoud, said the company has managed to distribute 48bcm of gas in Egypt in 2015 through the national network of natural gas, Egypt Oil & Gas reported.
Kuwait Energy Announces New Oil Exploration Investments in Egypt
Kuwait Energy CEO, Eng. Sara Akbar, said the company plans to pump more investments in the development of oil exploration fields in Egypt during the coming period, which comes in addition to company's investment portfolio in the country amounting to $1b in total, since the company entered Egypt.
Egypt, Saudi Aramco Ink Petroleum Deal for Five Years
Egypt has signed a deal with Saudi Aramco stipulating that the Saudi company would supply the country with petroleum products for five years, the Egyptian Ministry of Petroleum said in a statement.
Cyprus Lauches Third Offshore Bidding Round
Cyprus has launched a third licensing round for offshore oil and gas drilling in the Mediterranean Sea, on the island’s southern coast. Blocks 6, 8, and 10 of the country's Exclusive Economic Zone are up for grabs.
