Egypt | Egypt Oil & Gas - Part 200

Egypt Gas Net Profits Reach EGP 8.93 M in Q1 2019

Egypt Gas net profits reached EGP 8.927 million, after recording EGP 13.54 million losses during the same period in 2018.

Egypt to Attract $10 B Petroleum Investments in FY 2019/20

The Egyptian oil and gas sector plans to attract $10 billion investments in fiscal year (FY) 2019/20, adding to the $30 billion invested over the past three years.

Al-Manar Group to Boost Production by 35%

The factory will be producing 10,000 tons per year of automotive lubricants, covering the company's expansion plans across the country.

Cabinet Denies Electricity Prices Increase for July

The Cabinet said that the assumed percentage is inaccurate and any official increase will be announced by the Cabinet through an official press conference.

EGAS Offers 13 LNG Cargoes in June, July

EGAS offered 13 gas cargoes to be shipped from Idku liquefaction plant in June and July 2019.

Tao Field to Operate in June

Egypt Kuwait Holding (EKH) Company announced that Tao field, in the offshore North Sinai, is expected to begin operating in June 2019. The company forecasts that the full impact of the drilling campaign is to hit ...

Egypt to Export 12 M Tons of Natural Gas in FY 2019/20

Egypt is expected to export around 12 million tons of natural gas for $2 billion in fiscal year (FY) 2019/20, compared to 4 million tons exports for $589 million in FY 2018/19 budget plan.

El Molla Reviews HR Management Pillar Development

Egyptian Minister of Petroleum, Tarek El Molla, met with the HR Management pillar team to review the recent updates in the HR Management projects.

Eni Supports Children Burns Medical Services in Egypt

As a part of its CSR, Italian Eni signed MoU with the Egyptian health ministry to support Egypt's burns medical services, especially in case of children burns.

Latest Achievements in Oil, Gas Sector

During the past few years, the ministry launched two mega projects to collect geological and physical data from the territorial waters of the Egyptian Red Sea and Upper Egypt with investments exceeding $750 millio ...

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