EGPC | Egypt Oil & Gas - Part 39
Shell to Boost EDCO’s LNG Exports
Royal Dutch Shell exported three liquefied natural gas (LNG) cargos through its EDCO plant, while agreeing with he Egyptian Ministry of Petroleum and Mineral Resources to start gradually increasing its LNG exports.
Apache to Drill 20 Gas Wells
US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas.
Banks to Loan $200m to EGPC
The Egyptian General Petroleum Corporation (EGPC) will sign a $200m loan agreement during with a banking consortium.
Egypt to Pay EGP 16b in Fuel Subsidies
Egypt's petroleum subsidies' bills will exceed EGP 16b in the second quarter of the current fiscal year 2016/2017.
Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m
Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.
EGPC to Announce Exploration Bid Results
The Egyptian General Petroleum Corporation (EGPC) will announce the foreign companies selected in the exploration tender the research and exploration of oil and natural gas in 11 areas.
Egypt to Launch Oil Tender
The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products and makeup for halted Saudi Aramco shipments.
Apache to Grow Investments in Egypt
US Apache is bidding for an exploration license in Egypt's Western Desert concession through its Egyptian joint venture company Khalda Petroleum.
