development | Egypt Oil & Gas
MoPMR Signs Six Oil Exploration Deals, Expands Refining Projects Across Upper Egypt
The Ministry of Petroleum and Mineral Resources (MoPMR) has signed six preliminary agreements to expand exploration activities in Upper Egypt across the North Baraka, Red Sea, Khart, South Baraka, Southeast Ras El Ush...
Chevron to Provide Technical Consultancy for Iraq’s West Qurna-2 Field
Iraq’s Ministry of Oil has signed an agreement with US energy company Chevron to provide technical consultancy services to the Basra Oil Company (BOC) during negotiations over the development of the West Qurna-2...
Iraq Prepares Basra-Baniyas Pipeline Expansion
Iraq’s Ministry of Oil is advancing the technical and economic preparations for the proposed Basra-Haditha-Kirkuk-Baniyas oil pipeline, as the country seeks to strengthen its crude oil transportation infrastructure an...
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 acceler...
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 offshore Umm Shaif Gas Cap project in Abu Dhabi, reinforcing the country’s energy security and its...
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 strengt...
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 regu...
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 Ministry ...
