Egas receives a new offshore rig

• Monday, 16th May 2011
• by Egypt Oil & Gas

As an attempt to intensify its E&P operations, the Egyptian Natural Gas Holding Company (Egas) received its new onshore rig Qaher-1 and is expecting the delivery of a second rig Qaher-2 in the coming month.

Egypt to invest $ 1.7 billion in power generation

• Wednesday, 13th April 2011
• by Egypt Oil & Gas

Egyptian Minister of Electricity and Energy, Dr. Hassan Younis has allocated $ 1.7 billion (EGP 10 billion) to generate an additional 2,680 megawatts of electricity to meet high summer demand.

EGAS raises price of gas sales to Union Fenosa

• Tuesday, 5th April 2011
• by Egypt Oil & Gas

The Egyptian Natural Gas Holding Co. (EGAS) signed an agreement allowing it to increase the price of natural gas sold to Union Fenosa SA, to reflect soaring global crude prices, according to an official for the Egypt ...

The Future of the Oil & Gas industry in Egypt

• Tuesday, 8th March 2011
• by Egypt Oil & Gas

The Ministry of Petroleum oversees four holding companies that manage all elements of the oil and gas business and form joint ventures with international partners: EGAS, ECHEM, GANOPE, and EGPC.

A $200-million deal to develop the Mediterranean fields

• Tuesday, 23rd November 2010
• by Egypt Oil & Gas

Perenco, the French independent Oil & Gas Company signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) to fund the 2nd phase of the developmen ...