Egypt Announces Winning Bids for 12 New Concessions
Egypt’s Minister of Petroleum Tarek El Molla announced the winners of the bid rounds that were announced last year with EGPC and EGAS, on the sidelines of EGYPS 2019.
EGPC | Egypt Oil & Gas - Part 17
Egypt Consumes 1 M tons of Diesel in January
The country produced between 520,000 and 550,000 tons of diesel via all its refineries in January, covering around 50% of the market's consumption.
Egypt Pays $3.1/mtu for Gas from North Alexandria, WDDM Fields
The Egyptian General Petroleum Corporation (EGPC) pays $3.1 per 1 million thermal unit (mtu), which is the minimum price stated in the agreement with BP, from the North Alexandria and West Delta Deep Marine (WDDM) ...
Electricity Debts to Petroleum Sector Reach EGP 150 B
Electricity ministry's debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November 2018.
Schlumberger Signs Three MoUs during ECE Inauguration
Schlumberger has officially inaugurated the Egypt Center of Efficiency (ECE) facility at the Polaris Industrial City in 6th of October. The event also witnessed the signing of three memoranda of understanding (MoU ...
Egypt Reviews Financial Offers for E&P Tender
Egypt has reviewed financial offers for the exploration and production (E&P) tender launched for Egyptian concessions.
Petroleum Sector to Repay $1B to IOCs Each Year
The Egyptian oil and gas sector plans to repay $1 billion each year to international oil companies (IOCs) that work in Egyptian concession areas.
Banking Consortium Offers EGP 10B Loan to EGPC
A banking consortium of six banks have offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity.
Egypt Agrees $1.7B Settlement in Arbitration Case with Israel
Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corp ...
EGPC to Sign Contracts for 2018 E&P Tender in 2019
The Egyptian General Petroleum Corporation (EGPC) is preparing to sign contracts related to the exploration and production (E&P) tenders it launched in 2018.
