development | Egypt Oil & Gas

development | Egypt Oil & Gas

Chevron to Provide Technical Consultancy for Iraq’s West Qurna-2 Field

Iraq’s Ministry of Oil has signed an agreement with Chevron to provide technical consultancy to the Basra Oil Company during negotiations over the development of the West Qurna-2 oilfield.

Iraq Prepares Basra-Baniyas Pipeline Expansion

Iraq is advancing technical and economic preparations for the proposed Basra-Haditha-Kirkuk-Baniyas oil pipeline, aiming to strengthen crude transportation infrastructure, diversify export routes, and enhance the ...

Cyprus: Egypt Infrastructure Key to Cronos Gas Development

Cyprus sees the development of the Cronos gas field through Egypt as a model for commercializing additional Eastern Mediterranean resources, with existing Egyptian infrastructure central to the project's accelerat ...

ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project

Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi, reinforcing the country's  energy security and its role as a reliabl ...

Cyprus to Launch First European Gas Exports via Egypt in 2028

Cyprus plans to deliver its first natural gas exports to Europe -via Egypt- in 2028, Nikos Christodoulides, the Cypriot President, told a Cabinet meeting, adding that this step carries strategic importance for str ...

Egypt Strengthens Mining Sector with EBRD Partnership

Egyptian Mineral Resources and Mining Industries Authority (MRMIA) and the European Bank for Reconstruction and Development (EBRD) signed a memorandum of understanding (MoU) to modernize the nation's mining regula ...

ITFC, EGPC Sign $800Mn loan Agreement to Support Energy Sector

The Egyptian General Petroleum Corporation (EGPC) has signed $800 million loan agreement with the International Islamic Trade Finance Corporation (ITFC) to support the energy sector, noted a statement by the Minis ...

Badawi Reviews Future Plans for Egypt Upstream Gateway

Expanding investment opportunities across Egypt’s geological basins was the focus of the meeting that Karim Badawi, Minister of Petroleum and Mineral Resources, held with Egypt Upstream Gateway (EUG). Badawi in pa ...

Kuwait Expects Durra Field Bid Rounds to Launch this Year

Kuwait expects to launch tenders this year for the long-delayed development of the Durra oil and gas field, a major offshore project to be developed in cooperation with Saudi Arabia, Kuwait’s Oil Minister Tariq Al ...

Egypt Seeks World Bank Support to Boost Mining Sector

Karim Badawi, Minister of Petroleum and Mineral Resources, discussed with Robert Schlotterer, World Bank (WB) Group Metals and Minerals Practice Manager, possible cooperation with the bank's entities -like the Int ...

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