EGAS | Egypt Oil & Gas - Part 24

Edison to Partner in Drilling at North East Hapy Concession

Italian Edison is seeking a partner to begin drilling the first deepwater well at its North East Hapy offshore concession.

Singaporean FSRU Moves to Egyptian Port

BW Singapore FSRU has been relocated to the SUMED port in Egypt to continue its contract with EGAS.

El Molla Met with GACIC’s Delegation

El Molla met with German-Arab Chamber of Industry and Commerce's delegation.

El Molla Reviewed Atoll Field Status

BP has completed 53% of the development work being carried out at the North Damietta offshore concession.

NBD Egypt Supports EGAS in an EGP1.8b Deal

NBD Egypt announced that it has participated in an EGP 1.8bsyndicated loan deal in favor of EGAS.

Egypt Aims to Cut LNG Imports

Egypt to defer contracted shipments this year and aims to cut back on purchases in 2018.

El Molla Issues New Promotions

Tarek El Molla, has issued promotions and transfers in the petroleum sector.

Total to Drill at North Mahalla Concession by May

Total is set to start drilling the first exploration well in North Mahalla onshore concession in the beginning of May.

EGAS Funded by 9 Banks

The Egyptian Natural Gas Holding Company (EGAS) will borrow a loan worth EGP 1.8b from nine Egyptian and Arab banks.

Egypt to Stop Burning Natural Gas by July

Egypt decided to stop burning natural gas in fields across Egypt starting July.

Page 24 of 44

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