Egypt | Egypt Oil & Gas - Part 196

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

UOG Hits Revenues of $9MM in Egypt in 2020

United Oil & Gas PLC (UOG) recorded $9 million in Egypt in 2020 and its total profit reached $0.85 million in 2020, according to UOG’s press release.

Dana Gas Terminates Egyptian Assets Sale Agreement

Dana Gas has terminated its agreement with IPR Wastani Petroleum Ltd for the sale of its Egyptian assets, according to Dana Gas’ press release.

Wintershall Dea, BP get Approx 600 mmscf/d of Gas from Raven Field

Wintershall Dea and operator BP could  get a gross production of gas from Raven, the fifth field of the offshore West Nile, estimated approximately at 600 million standard cubic feet of gas per day (mmscf/d). At i ...

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Egypt, Belgium Discuss Steps to Green Hydrogen Production

In the presence of Minister of Petroleum and Mineral Resources, Tarek El Molla, Minister of Electricity and Renewable Resources, Mohamed Shaker, met Francois D’Elzius, Belgium Ambassador to Egypt, and the represen ...

Egypt to Expand Oil, Gas Exploration in Western Mediterranean

Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the Ministry’s strategy is being implemented to increase oil and gas discoveries especially in the Western Mediterran ...

Naftogaz Ramps up Oil Production by 20% in Egypt’s Western Desert

Naftogaz Group ramped up oil production from its assets in the Western Desert of Egypt by more than 20% or 600 barrels per day (bbl/d), a press release reported.

Petrojet, TR Sign MoU to Manufacture Heat Transfer Equipment in Egypt

Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of a memorandum of understanding (MoU) between Petrojet and the Spanish company Tecnicas Reunidas (TR) to cooperate in designing, ...

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