EGPC | Egypt Oil & Gas - Part 22

El Sisi Approves E&P Agreement in GOS

According to the agreement, the company will search for and develop oil at the Ras Budran and El Zeit Bay oil fields in the Gulf of Suez (GOS).

Egypt Increases Pumped Fuel by 7% during Ramadan

Butane will be increased the most as the county is adding 100,000 butane cylinders per day to the amounts pumped into the market, boosting the total to 1.25 million cylinders per day.

Weatherford Inaugurates New Kattameya Facility

Weatherford has inaugurated its new Kattameya facility and office space in Cairo in a ceremony that gathered the company’s top management and industry leaders.

Egypt Imports 60% of Butane Consumption

Egyptian butane imports during the first three months in 2019 were close to 60% of the country's butane cylinders.

Egypt Consumes 1.15 M Tons of Diesel in March

Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.

GASCO’s Distribution Rises 6% in 2018

Developing the national grid is an essential component in Egypt’s strategy to become a regional hub for natural gas

Diesel Consumption Exceeds 1 M Tons in February

The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through ...

Egypt to Launch 3 E&P Bid Rounds in 2019

EGAS will launch an E&P bid round to search for natural gas in the West Mediterranean.

Petroceltic to File an Arbitration Case against EGPC

The company plans to file an arbitration case as EGPC breached obligations in several gas sales agreements and was not able to pay its debts in time.

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.

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