Egypt’s Petrobel Extends Contract for Saipem’s Jack-Up Rig

• Monday, 6th March 2017
• by Dr. Mahinaz El-Baz

The Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore in Egypt. The Company extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional ...

Fuel Smart Card System to Provide10 Litres a Day

• Sunday, 5th March 2017
• by Dr. Mahinaz El-Baz

Sherif's Cabinet agreed on allocating ten liters of subsidized fuel a day for each citizen registered in the smart card system.

EGPC to Allocate 400,000 Subsidized LPG Cylinders

• Wednesday, 1st March 2017
• by Dr. Mahinaz El-Baz

Tarek El Hadidi said that EGPC decided to allocate 400,000 subsided LPG cylinder to slums all over Egypt.

Egypt to Import Crude Oil from Libya

• Monday, 27th February 2017
• by Dr. Mahinaz El-Baz

The Egyptian General Petroleum Corporation (EGPC) stated that negotiations with Libya to import 1mb/m of crude oil for a year are taking place.

Egyptian Cabinet Mulls Adjusting Natural Gas Prices

• Monday, 27th February 2017
• by Dr. Mahinaz El-Baz

The Egyptian Cabinet headed by Eng. Sherif Ismail, is considering adjusting natural gas prices of some agreements signed with foreign oil companies operating in the Egyptian petroleum sector.

El Molla Ensures Operational Efficiency at Alexandria Company

• Monday, 27th February 2017
• by Dr. Mahinaz El-Baz

Tarek El Molla said that the Egyptian petroleum sector is successfully implementing the upgrading and development plan of refining.

EGPC, Tax Authority to Discuss Value Added Tarrifs

• Thursday, 23rd February 2017
• by Sarah Samir

The Egyptian General Petroleum Corporation (EGPC) will meet with the Egyptian Tax Authority in order to discuss applying the Value Added Tariff (VAT) on petroleum activities.

Shell, Petronas Develop Burullus 9B Phase

• Monday, 20th February 2017
• by Sarah Samir

Shell and Petronas began working on phase 9B of the Burullus gas field.

Egypt to Negotiating Benzene Imports

• Sunday, 19th February 2017
• by Sarah Samir

Egypt is in talks to import 2.3m tons of benzene annually during 2017.

EGPC to Supply Gasoline, Diesel to Meet Local Demand

• Sunday, 19th February 2017
• by Dr. Mahinaz El-Baz

The Egyptian General Petroleum Corporation plans to pump 16,000 tons of gasoline, and 35,000 tons of diesel to gas stations all over Egypt by the start of March in attempts to meet local demand.