Egypt | Egypt Oil & Gas

EKH’s Gas Field Expansion Pays Off in Q1

The company reported strong financial performance in Q1 2024, with revenue of $193 million and a gross profit margin of 44%. This translated to a significant year-over-year increase of 4.3% in net profit, reaching ...

SCZONE Chairman Forges Path for Green Energy Supply Chain with Dutch Partners

Chairman of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dein has signed a memorandum of understanding (MoU) with the Rotterdam Foundation.

Maridive & Oil Services’ Revenues Grow 82% YoY

Maridive & Oil Services has announced the financial results of the year ending on 31 December 2023, during the Board of Directors meeting held on 13 May.

Egypt Highlights Africa’s Energy Potential at WEIF 2024 in Bahrain

President of the General Federation of Egyptian Chambers of Commerce Ahmed El Wakil has stated that it is time for the African nations to focus on our intra-trade and joint investments, especially with its oil and ...

Egypt, Jordan PMs Chair the 32nd Session of the Egyptian-Jordanian Joint Higher Committee

Egyptian Prime Minister Mostafa Madbouly and Jordanian Prime Minister Bisher Al-Khasawneh have chaired the work of the 32nd session of the Egyptian-Jordanian Joint Higher Committee.

Center of Excellence for Energy Transition, Carbon Limits Sign Energy Transition MoU

The Center of Excellence for Energy Transition, affiliated with the oil and gas sector, has signed a memorandum of understanding (MoU) with the Norwegian company Carbon Limits, which specializes in measuring and r ...

Shell Egypt Ignites Student Innovation with Shell Eco-Marathon Discovery Session

Shell Egypt has held a discovery session for Egyptian university students, acting as a springboard for student participation in the Shell Eco-Marathon (SEM) competition to be hosted in Qatar for the very first tim ...

Dana Gas Eyes Exploration Opportunities After Egyptian Deal, Despite Q1 Production Dip

The company has produced 18,150 barrels of oil equivalent per day (boe/d) during Q1 2024, divided into 88 million standard cubic feet (MMscf) of gas; 1,800 barrels per day (bbl/d) of condensate and 140 metric tons ...

ERC Contributes c.90% to Qalaa’s Total Revenue in FY 2023

The Egyptian Refining Company (ERC) has contributed c.90% to Qalaa Holding’s total revenue during the financial year ending 31 December 2023 (FY 2023).

ADES Holding Secure Jackup Drilling Contract in Egypt

World-leading oil and gas drilling services provider, ADES Holding Company (ADES), has secured a Direct Award of Contract (DAC) from Suez Oil Company (SUCO) in Egypt. The 21-month jackup drilling contract for the ...

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