EGAS | Egypt Oil & Gas - Part 2

EGAS, bp to Drill Five Exploratory Gas Wells in the Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) has signed a memorandum of understanding (MoU) with bp for assessing opportunities to implement a drilling program of five exploratory wells at depths ranging from 3 ...

Egypt Signs Four New Oil and Gas Exploration Deals Worth Over $340 M

Within the framework of the Minister of Petroleum's strategy to intensify research and exploration activities and increase production, the Egyptian Natural Gas Holding Company (EGAS) signed four new agreements wit ...

Egypt Leases Energos Winter FSRU for Five Years, Arrives in Damietta Port By August

Egypt has leased the Energos Winter floating, storage, and regasification unit (FSRU) for five years and the unit is expected to arrive at Damietta port by August this year. So far, there are three connected regas ...

EGAS Awards 6 Blocks to International Companies to Boost Exploration

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new blocks to several international companies to maximize exploration investments. The investments injected are estimated at $245 million, and at lea ...

Badawi Receives Egypt’s Second FSRU

Minister of Petroleum and Mineral Resources, Karim Badawi, accompanied by leaders from the Ministry and the Egyptian Natural Gas Holding Company (EGAS), witnessed the arrival of a new Floating Storage and Regasifi ...

Cabinet Greenlights $252mn in Energy Agreements

The Cabinet approved five petroleum concession agreements between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of international companies. These ...

EGAS, Harbour Energy Agree to Expand Natural Gas Drilling Onshore the Nile Delta

The Egyptian Natural Gas Holding Company (EGAS) and Harbour Energy have signed an agreement to expand exploration and production operations onshore Disouq gas field in the Nile Delta concession area. The agreement ...

Egypt Expands LNG Capacity with New Regasification Units

The Egyptian Natural Gas Holding Company (EGAS) has signed a 10-year charter agreement with Höegh Evi for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in the fourth quarter ...

Egypt, Qatar Discuss Expanding Energy Cooperation

Minister of Petroleum and Mineral Resources, Karim Badawi, met with Saad Sherida Al-Kaabi, Qatari ​​Minister of State for Energy Affairs, Deputy Chairman and President and CEO​ of Qatar Energy, in Doha today to di ...

Petroleum Leaders Inspect Zohr Field’s Subsea Cable in Norway

The Vice Executive Managing Director For Production and Fields Development of the Egyptian Natural Gas Holding Company (EGAS), Abdel Nasser Khafagy, Chairman of Belayim Petroleum Company (Petrobel), Khaled Mowafy, ...

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