development | Egypt Oil & Gas - Part 8

TransGlobe Energy Allocates $29.1 M for Egypt in 2018 Budget

TransGlobe Energy Corporation has announced its 2018 capital budget allocating $29.1 million for operations in Egypt and $12.2 million in Canada.

Oil Ministry Declines Rumors on Zohr Production Start Rate

Ministry of Petroleum and Mineral Resources declined spreading news quoting the Minister of Petroleum, Tarek El Molla, saying that Zohr will start producing 1 billion cubic feet (bcf) of natural gas within days.

Iran, Iraq to Lead Middle East Oil Growth

The research consultancy Rystad Energy indicated that the oil field development in Iran and Iraq is expected to drive the largest production growth in the Middle East over the next four years.

El Molla Ensures Operational Efficiency at Alexandria Company

Tarek El Molla said that the Egyptian petroleum sector is successfully implementing the upgrading and development plan of refining.

El Molla: Egypt Turns Challenges into Opportunities

Speaking at EGYPS 2017's opening speech. the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Ministry is aiming to create an attractive investment environment and turn challenges i ...

Ismail: Energy is the Gate to Development

The Egyptian Prime Minister, Sherif Ismail, said that energy is one of the most important ways to reach Egypt's aspirations and goals towards development.

Eni’s Zohr, BP’s Atoll Aim for Production in 2017, 2018

UK's BP and Italian Eni will aim their development plans for both Atoll field and Zohr field in Egypt at production in 2017.

Sonatrach, Eni Agreed to Extend Cooperation

The Algerian state-owned company, Sonatrach, and Italian Eni signed several cooperation agreements in various energy areas.

EGAS to Evaluate Gas Projects

The Egyptian Gas Holding Company (EGAS) started reassessing the gas projects that will be linked to national grid until the end of 2017.

EGPC to Revive Gounat El Petrol

The Egyptian General Petroleum Corporation (EGPC) will fund EGP 90m for the development of "Gounat El Petrol" docking area within Alexandria Port.

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