EGPC | Egypt Oil & Gas - Part 51
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 co...
Egypt’s Foreign Debt to IOCs Drops to $3.2b
The Egyptian government has decreased the sector’s foreign debt to $3.2b, down from $3.4b, an official from the Egyptian Ministry of Petroleum informed Egypt Oil&Gas. In an effort to enhance domestic production, E...
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, according to Reuters. The minister also sa...
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, reported Egypt Oil & Gas, according to an exclusive press release. Egypt Independent wrote t...
EGPC: Oil Ministry Inked 3rd LNG Platform Deal
In an exclusive statement to Egypt Oil&Gas, an official source at the Egyptian General Petroleum Corporation (EGPC) clarified that the Ministry of Petroleum has inked a deal to construct a third platform for trans...
EGPC to Pay Eni in EGP
EGPC has reached an agreement with Eni to pay the Rome-based multinational oil and gas company its $650m receivables in the Egyptian pounds, according to Enterprise. This value represents Eni’s production share from J...
Oil Minister Held Third Review Meeting on Zohr
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the third regular committee meeting evaluating the execution phases of the Zohr field project development, Egypt Oil&Gas reported ... EGPC Announced International Bid Rounds
The Egyptian General Petroleum Corporation (EGPC) announced launching a new international bid round for 2016 for oil research and exploration, according to a press release received by Egypt Oil&Gas. The bid includ...
