News / Egypt
EGAS: Ongoing Talks with Foreign Firms to Boost Egypt’s Gas Production
State-run Egyptian Natural Gas Holding Company ( EGAS ) is negotiating with largest international firms in Egypt to enlarge gas production rates, said chairman Khaled Abd El Badee on Monday.
Banque Du Caire plans EGP2bn for Egypt’s Energy, Transport Sectors
Banque Du Caire is studying pumping 2 billion Egyptian pounds (around US$280 million) in a number of fertiliser, petrochemical, oil and transport projects within 2015.
Idku plant LNG exportation collapses 2014: BG official
The Idku liquefied natural gas (Idku) factory exports decreased from approximately 50 LNG shipments in 2013, to 5 shipments in 2015, according to a senior British Gas (BG) official.
UAE’s Dana Gas says it has received $60m from Egyptian government
Egypt’s government has paid Dana Gas US$60 million, part of overdue receivables totalling $212m, the Abu Dhabi-listed firm said in a statement on Sunday.
BG Group receives $350 mln payment from Egypt
Britain's BG Group said on Friday it had received a $350 million payment from the Egyptian government following the country's decision to repay outstanding debts to the energy industry.
Ganope launches International Bid Round for 10 Exploration Blocks
Ganoub El Wadi Petroleum Holding Company (Ganope) invites Oil and Gas Companies for 2014 International Bid Round, to explore/exploit for Oil and Gas. The Bid Round includes Ten (10) Exploration blocks in the South Gulf of Suez, West Nile and East Nile, as shown in the map and according to the Production Sharing Model Agreement applied in the Arab Republic of Egypt. Ministry of Petroleum: Payment of $2.1 Billion to Foreign Partners
Eng. Sherif Ismail, Minister of Petroleum and Mineral Resources announced that the Petroleum Sector paid a new batch of dues to the foreign partners amounted to $2.1 billion.
Oil and gas deals amended by Egypt’s cabinet
The Cabinet agreed to amend two existing oil and gas agreements with the UK's BP and German RWE Dea AG, MENA reports.
