Parliament Approves Draft Laws for New E&P Agreements
The House of Representatives approved a law authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract for exploration and production (E&P) projects across the republic.
EGPC | Egypt Oil & Gas - Part 21
IOCs Highlight Egypt’s Investment Potentials During AEC
Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.
Public Business Sector Settles Debt Owed to Petroleum Sector
The Ministry of Public Business Sector signed a protocol to settle the debt owed to the Ministry of Petroleum and Mineral Resources for business companies’ natural gas withdrawals.
TransGlobe Reaches Agreement with EGPC to Merge Eastern Desert ConcessionsÂ
TransGlobe reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the company’s three existing Eastern Desert concessions into a new modernized concession agreement.
Eni Reaches Agreement with Egypt to Restart Damietta LNG Plant
Eni, the Italian giant, has come to an agreement with the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and its Union Fenosa Gas (UFG) partner Naturgy to finally r ...
EGPC Becomes IOGP Member
The Egyptian General Petroleum Corporation announced that it has succeeded in obtaining a membership in the International Association Oil and Gas Producers under the framework of the Ministry of Petroleum and Mine ...
TransGlobe Production Rebounds by 1% in October
TransGlobe's production in October showed significant progress with approximately 12,162 barrels per day (bbl/d), a 1% increase from Q3 2020 and below the revised budget expectations, with Egypt producing 10,303 b ...
MoP Issues Management Changes
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has made a few management changes in the petroleum sector.
Al-Sisi Permits Abu Sennan Concession Agreement Amendment
President Abdel Fattah Al-Sisi ratified law No. 155 of 2020 allowing for the amendment of the petroleum exploration agreement in the East Abu Sennan concession in the Western Desert.
Naftogaz’s Investments Surpass $535 MM in Egypt
Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, stated.
