Agreement | Egypt Oil & Gas

EGPC Signs $30mm Oil Exploration, Production Deal with Cheiron

Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East Gemsa offshore area in the Gulf of Suez. The deal, which covers the drilling of ...

ESAF Aquires Egypt’s First License to Produce Aviation Fuel

The Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of the first Sustainable Aviation Fuel (SAF) production license agreement, considering a major step toward advancing low-carbon en ...

Spanish Xcalibur to Run Aerial Mining Survey Across Egypt

Egypt is set to conduct a comprehensive airborne geophysical survey of mineral potential nationwide under a Memorandum of Understanding (MoU) signed between the Mineral Resources and Mining Industries Authority an ...

ADNOC Gas Signs Up to $4.2 Billion Supply Deal with EMSTEEL

ADNOC Gas, the integrated natural gas company and a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed a long-term agreement with Emirates Steel Arkan (EMSTEEL), one of the Middle East’s largest ...

EGPC, ExxonMobil Sign Agreement to Boost Fuel Transport Safety

The Egyptian General Petroleum Corporation (EGPC) has signed a strategic Memorandum of Understanding (MoU) with ExxonMobil Egypt. The MoU is to enhance risk management, operational safety, and training across Egyp ...

Egypt, Russia Seal Fuel Order, Cooperation for El-Dabaa Nuclear Plant

Egypt and Russia’s state-owned Rosatom have signed a nuclear fuel purchase order and a comprehensive cooperation agreement for the El-Dabaa Nuclear Power Plant. The signings occurred during a high-profile ceremony ...

Egypt to Export 3,000 MW to Europe via Greece

Egypt signed an agreement to export 3,000 megawatt (MW) of electricity to Europe via the Greek network, a step that aligns with the country's plan to become a regional energy hub,noted a statement by the Ministry ...

bp Sells Minority Stakes in US Midstream Assets to Sixth Street for $1.5 Billion

bp has reached an agreement with Sixth Street-managed funds for the sale of non-controlling interests in its Permian and Eagle Ford midstream assets. The transaction is valued at $1.5 billion and will be executed ...

bp, Eni Extend Baltim East Lease Offshore Nile Delta

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Italian Eni and UK bp to extend the development lease for the Baltim East field in Baltim area offshore the Nile Delta region. Under t ...

ExxonMobil Mulls Resuming Operations in Iraq

ExxonMobil, a major energy company, is exploring the possibility of returning to operations in Iraq after nearly two years away by signing preliminary agreements to begin work on the Majnoon oil field in southern ...

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