News / Egypt
Egypt Agrees to Import Iran’s LNG
Egypt has agreed to recommence importing Iran's liquefied gas (LNG), according to an Iranian official, following the permit issued by Cairo for Tehran to transfer crude oil to European countries through its SuMed pipeline.
Nostra Terra to Start Collecting East Ghazalat Revenues
UK’s Nostra Terra has confirmed that its subsidiary, Independent Resources Egypt (IRE), has now been formally registered with the Egyptian General Petroleum Corporation and is on track to start receiving revenue shared from its recently acquired stake in the East Ghazalat operations in Egypt.
Schlumberger Wins $170m Zohr Development Contract
The world’s largest oilfield services company, Schlumberger Limited, has declared that its subsidiary, OneSubsea, has won a $170m contract from Egypt’s Petrobel, to help with the development of Egypt’s Zohr offshore natural gas field.
Schneider, AUC Ink Solar Energy Agreement
France’s Schneider Electric (SE) has signed an in-kind gift agreement with the American University in Cairo (AUC) to provide advanced solar energy solutions to help develop local communities in Egypt.
Egypt, Jordan Discussed Energy Projects
Egypt’s Minister of Petroleum, Tarek El Molla, and Jordan’s Energy and Mineral Resources Minister, Ibrahim Saif, discussed the mechanism of implementing energy and natural gas cooperation protocols between the two Arab nations.
BP, EGAS Sanction Atoll Field Development
BP has announced that along with its regional partner, the Egyptian Natural Gas Holding Co. (EGAS), it has sanctioned a fast-track scheme to develop the Atoll gas field Phase 1 project in Egypt.
Suez Canal Authorities Set New Fares for VLCCs
New toll rates have been set by Egypt’s Suez Canal Authority, as part of a six-month experiment, for the oil tankers that will be using the vital waterway do deliver any very large crude carriers (VLCCs)
EGAS to Import 120 LNG Cargoes in 2017
The Egyptian Natural Gas Holding company (EGAS) has stated that Egypt will aim to import between 110 and 120 cargoes of LNG in 2017.
