News / Egypt
EGAS Increases Gas Imports to 1bcf/d
The Egyptian Natural Gas Holding Company (EGAS) has increased natural gas imports to 1bcf/d, up from 900mcf/d in early March.
Apache, Shell Target Unconventional Gas Production in Egypt
Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt’s Western Desert by the end of June 2016.
Eni Flows Gas at Zohr 2X Appraisal Well
Italy-based Eni has announced that its Zohr 2X appraisal well in the Shorouk block offshore Egypt has delivered up to 44mscf/d of gas during production tests.
NREA Head Calls for Arab States’ Renewables Entity
Egypt's New and Renewable Energy Authority's (NREA) Head, Mohamed Salah El Sobky, has called for establishment of a special renewable energy entity for Arab states.
Egypt’s Petroleum Marine Services Co. Wins Four Developmental Projects
Egypt-based Petroleum Marine Services Company (PMS) has won four large developmental projects of Amal C for PICO International Petroleum, Egypt's largest private sector oil and gas company.
US Graviton Capital Mulls Renewable Energy Investments in Egypt
Graviton Capital, a US company, is pondering investments in small new and renewable energy projects in Egypt. If investments are approved, the financing operation will cost between $10m to $20m.
Egypt Denies Planning Loan Talks with IMF
Egypt has denied recently published reports that it was seeking a loan from the International Monetary Fund (IMF), Central Bank of Egypt (CBE) Governor, Tarek Amer.
Egypt, Jordan, Iraq Affirmed Joint Oil, Gas Pipeline Projects
Egyptian, Jordanian, and Iraqi Oil Ministers confirmed their countries' commitments to pursue oil- and gas-related projects that had been previously agreed through a Memorandum of Understanding signed in mid-November 2015, Egypt's government informed in a statement, following trilateral talks held in Cairo.
