News / Egypt
Tarek El Molla: Egypt to Issue New Bid Rounds Soon
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry plans to issue several bid rounds for exploration throughout the year, by EGAS, EGPC, and Ganoub El Wadi petroleum holding company, reported Egypt Oil & Gas.
Tarek El Molla: Egypt to Continue Gas Imports for 5 Years
Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egypt Oil & Gas.
Egypt to Renegotiate Contracts with IOCs
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry aims to renegotiate the current contracts with IOCs, in order to achieve economic balance between the foreign investor and state companies, reported Egypt Oil & Gas.
El Molla: Egypt to Import 2.2m Barrels of Crude from Kuwait
Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that a key priority is increasing imports of petroleum derivatives, reported Egypt Oil & Gas.
Egypt Debt to IOCs Stands at $3b
During a press conference, Tarek El Molla, Minister of Petroleum and Mineral Resources, said that currently the debt owed to foreign oil companies stands at $3b, reported Egypt Oil & Gas.
Energean Oil & Gas to Start Seismic Surveys in West Kom Ombo
Energean Oil & Gas has appointed AGS–Afro to conduct a 2D seismic survey in its West Kom Ombo concession area, in support of the company’s new $6m investment program in Egypt.
Egypt’s Renewable Authority Working out Framework for Waste-To-Energy
Egypt’s New and Renewable Energy Authority (NREA) is preparing to introduce a feed-in tariff for waste-to-energy (WTE) projects
Russia’s Rosneft to Supply Egypt
The Egyptian government has agreed to import petroleum products from major Russian oil companies, reported Russia Today. 
