development | Egypt Oil & Gas - Part 9

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.

Egypt Presents Project Proposals for Saudi Investment

Egypt has presented proposals and feasibility studies for projects in the energy, housing, agriculture, and tourism sectors to the Saudi Arabian government for examination and possible investment.

Egypt, Saudi Arabia Reach Financing Agreements for Development

Egypt and Saudi Arabia have come to terms on a number of loans for investment and development projects in Egypt, that Riyadh has pledged to Cairo since March 2015.

Norway to Help Kenya Develop its Oil Sector

Kenya has entered into a long-term 'Oil for Development' program agreement with Norway to develop its local oil sector by providing support in the management of Kenya's natural resources and protection of the environ ...

Senegal Consortium Expanding Drilling Prospects for SNE Block

FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub

Brazil Oil Regulator Eases Fines on Producers to Improve Development

Brazil’s oil regulator plans to ease future fines for producers who fail to meet strict local-content guidelines as the country seeks to accelerate development of offshore oil and gas resources.

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