Sino Tharwa Participated in Rig Rentals Tender

• Monday, 9th January 2017
• by Sarah Samir

Egypt’s Sino Tharwa bid in the tender that was launched by Saudi Arabian American Oil Company (ARAMCO)  to rent out three drilling rigs. The rigs in the tender are ST-2, ST-5 and ST-6 drilling with total capacit...

EGPC to Launch Fuel Tender

• Thursday, 15th December 2016
• by Sarah Samir

A source with the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that EGPC is launching a tender to receive 700,000 tons of benzene, diesel and mazut to be paid in US dollars in order to com...

Aramco Launched Giant Oil Projects

• Sunday, 4th December 2016
• by Egypt Oil & Gas

Saudi Arabia’s King Salman launched a number of giant oil projects, worth a total of about $42.64b, under Aramco’s Oil Supply Planning and Scheduling (OSPAS) Center at Dhahran, Saudi Gazette reported. The King launche...

Egypt to Launch Oil Tender

• Wednesday, 23rd November 2016
• by Sarah Samir

The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products. The tender aims to replace halted Saudi Aramco shipments, until the ...

Iraq, Jordan to Build Oil, Gas Pipeline

• Wednesday, 16th November 2016
• by Egypt Oil & Gas

Iraq and Jordan have affirmed their plans to implement a double oil and gas pipeline to transport Iraqi hydrocarbon to the Jordanian port of Aqaba, informed Middle East Monitor. The project is to be finalized in coope...

Aramco Halted Oil Cargos Indefinitely

• Monday, 7th November 2016
• by Egypt Oil & Gas

Egyptian Oil Minister, Tarek El Molla, said that Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely, Reuters reported. Aramco had agreed ear...

Aramco Increased Oil Prices to Asia

• Sunday, 6th November 2016
• by Egypt Oil & Gas

Saudi Arabia, raised pricing for December sales of all oil grades to Asia in order to take advantage of a brief increase in demand for Middle Eastern crude, reported Bloomberg. While the state-owned, Saudi Aramco, inc...

Egypt Received $1.2b in Oil from Aramco

• Wednesday, 2nd November 2016
• by Sarah Samir

Since May 2016, Egypt has received oil cargos from Saudi Aramco worth $1.2b. Egypt received 700,000t of petrol every month for the last 4 months, reported Al Borsa. The Egyptian Minister of Petroleum, Tarek El Molla s...

Egypt will Not Import Oil from Iran

• Tuesday, 18th October 2016
• by Sarah Samir

The Egyptian Ministry of Petroleum Spokesperson, Hamdi Abdel Aziz, stated to Egypt Oil&Gas that Egypt is not in negotiations with Iran on crude oil imports. Abdel Aziz confirmed that the agreement with Saudi Aramc...

Egypt Received Oil Cargos

• Wednesday, 12th October 2016
• by Sarah Samir

In a press release to Egypt Oil&Gas, the Egyptian Ministry of Petroleum spokesperson, Hamdi Abdelaziz, stated that Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to  provide Oc...