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Centric, Delfin Midstream Ink Agreement for LNG Supplies

Centrica and Delfin Midstream announced that they have signed a long-term Sale and Purchase Agreement for supplying 1.0 million tons per annum (MTPA) of Liquefied Natural Gas (LNG) for 15-years on a Free on Board (FOB) basis at the Delfin Deepwater Port.

El Molla Witnesses Inauguration of the Raven Field/ Western Desert Complex Natural Gas Connection Project

Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the inauguration of the first phase linking Raven field, one of the fields north of Alexandria, which is being developed by bp, to the natural gas complex in the Western Desert, operated by the Egyptian Natural Gas Company (GASCO).

El Molla Reveals Annual Plan with $8B Oil, Gas Investments

Minister of Petroleum and Mineral Resources Tarek El Molla revealed an annual plan that includes investments worth $8 billion in the oil and gas sector during the current fiscal year for research, exploration, development, and operating expenses. 

Trading of TAQA Arabia Shares on EGX Starts

TAQA Arabia, the full-service energy and utility provider in Egypt, announced today the start of trading of the group's shares on The Egyptian Exchange (EGX). The shares started trading at 10:00 am on Sunday June 9, 2023.

Eni Completes Delivery of First Commercial LNG Cargo to Piombino

Eni announced that it has delivered natural gas cargo to the SNAM regasification terminal in Piombino, Italy, the company said in a statement.

Al Mazrouei: UAE to Invest AED 150-200B by 2030 in Securing Energy Demand

The UAE’s Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, announced that his county will invest between AED 150-200 billion by 2030 to meet energy demand while sustaining economic growth in the UAE.

El Molla, Halliburton Explore Strengthening Energy, Training Cooperation

Minister of Petroleum and Mineral Resources Tarek El Molla has received Shannon Slocum, Eastern Hemisphere Vice President at Halliburton, exploring stronger cooperation and the latest updates regarding professional development training programs as part of the Modernization project.

Equinor Inks Long-Term LNG SPA with Cheniere

Equinor and Cheniere have signed a new 15-year sales and purchase agreement (SPA) to allow Equinor to purchase approximately 1.75 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board basis for a term of approximately 15 years from the commencement of delivery of the total amount of LNG volumes.

Chevron Outlines Exploration Activities in a Meeting with El Molla

Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with Clay Neff, President of the Chevron International Exploration and Production, during his London visit.

Parliament Approves Five Oil, Gas Exploration Licenses

The Egyptian Parliament, headed by Counselor Hanafi Jabali, approved the reports of the joint committee from the Energy and Environment Committee and the Office of the Constitutional and Legislative Affairs Committee, on 5 Licenses for Exploration.

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