News / Egypt
GUPCO Restores its Infrastructure to Reboot 59 Closed Wells
GUPCO developed an emergency plan to repair and re-run many of the stations that have been stalled for a long time, reported Egypt Oil & Gas. The Plan comes in line with the company’s traditional commitment to invest in its infrastructure holdings.
EGAS Issues Regulations Governing Private Sector Importation of LNG
EGAS issued its directives governing the private sector importation of liquefied gas, which include providing data on the importer (the applicant), the source of imported gas, potential gas consumers and technical specifications about the type of gas.
EGAS Finalizes Evaluation of Bids for 2nd FSRU
The Egyptian Natural Gas Holding Company (EGAS) has completed the technical and financial evaluation of the offers from companies applying for the tender to supply the second gasification ship. The committee settled on two companies, one of whom will be chosen for the tender.
Studies for Importing Cypriot Gas Completed
Enppi has completed the technical and financial studies for the import of gas from Cyprus, the results are currently under review by EGAS to begin extending the maritime pipeline to Cyprus for imports to commence. Petrobel to Increase its Production Levels
Sherif Ismail, Minister of Petroleum and Mineral Resources received a report from Atef Hassan, head of Belayim Oil Company (Petrobel) about the company’s new strategy to maximize the country’s petroleum wealth, in its concession areas.
Sherif Ismail: Egypt to add 1.2m Household Units to the Natural Gas Supply Grid
The Ministry of Petroleum and Mineral Resources aims to connect 1.2m residential units with natural gas during the current fiscal year (FY) 2015/2016.
Ganope to Announce Results of Bidding For Exploration of Oil and Gas in 10 Blocks by Mid-August
Ganope intends to announce, by the middle of next month, the names of foreign companies who won the oil and gas exploration bids for the 10 new blocks issued at the beginning of this year.
5288 Extra Barrels of Crude Oil Discovered in 2015
Crude oil and derivatives production rates from new petroleum discoveries made during the period from January to July totaled 5288 b/d in Egypt.
