News / Egypt
Eni, BP to Extract 350mcf/d of Gas from South Baltim Field
Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.
President Al Sisi Discussed Economic Reforms ahead of IMF Visit
Egypt's President Abdel Fattah Al Sisi held a meeting with Prime Minister, Sherif Ismail, and members of the Economic Ministerial Committee to discuss economic developments, including the pending loan from the International Monetary Fund (IMF), ahead of the global financial institution's visit to Cairo.
Egypt’s Natural Gas Production Increased to 4.05bcf/d
Egypt’s daily natural gas production has increased to 4.05bcf within the last week of July – for the first time since the beginning of 2016 – compared to a production volume of 4bcf in previous weeks.
Oil Minister Appoints New Heads of EGAS and GUPCO
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued two decrees appointing new chiefs of EGAS and GUPCO.
Egypt Ratifies Egyptian-Saudi Nuclear Energy Agreement
The House of Representatives Legislative Committee has ratified a number of agreements in different fields, among these agreements, was the the Egyptian-Saudi nuclear energy agreement that was inked in Early-April 2016.
GE Completes Upgrading Nubaria Power Plant
GE Power has announced that it has completed upgrading two GE 9FA gas turbines at the Middle Delta Electricity Production Company’s (MDEPC) Nubaria power plant, located in Beheira, Egypt.
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
Egypt Inks Exploration Agreements with Mediterra, IPR
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed two agreements that grant Cyprus’ subsidiary Mediterra and US IPR oil and gas company exploration rights in Upper Egypt.
