EGPC | Egypt Oil & Gas - Part 38
Oil Ministry, Apache to Amend Oil Agreement
Egyptian President Abdel Fattah al-Sisi issued a decree granting the Petroleum Ministry the permission to amend the agreement on oil exploration in Khalda region in Western Desert.
Egypt Evaluates Gas Prices in Market Liberalization Efforts
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC) gives priority to reforms within the gas market in order to guarantee that energ ...
Eni to Drill Sixth Well in Egypt’s Zohr Field
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
Egypt Saw 10% Rise in Fossil Fuel Usage
An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.
Oil Ministry Held Progress Workshop
The Egyptian Minister of Petroleum, Tarek El Molla, presided over a ministry's workshop aimed at studying suitable methods to improve oil and gas sector in Egypt, formulate a vision and outline a plan for the coming ...
Egypt’s Foreign Debt to IOCs Drops to $3.2b
The Egyptian government decreased the oil and gas sector’s foreign debt to $3.2b, while budgeting $2.5b for LNG imports.
Egypt Reduces Debts to IOCs to $3.4b
Egypt has reduced the arrears it owes to foreign oil companies by $100m to $3.4b in 2015/2016, compared to the previous year, declared the Petroleum Minister, Tarek El Molla.
EGPC, Apache Ink Five-Year Extension Agreement
Apache Corporation has signed a five-year extension agreement to its Khalda-2 drilling concession in the Western Desert.
