United Energy Acquires Kuwait Energy
The $650-million transaction was originally signed last September and completed in late March 2019.
Egypt | Egypt Oil & Gas - Part 214
Egypt Offers 4 LNG Cargoes for May
The four shipments are offered through two separate tenders that will close on April 9.
Shell Egypt Appoints Khaled Kacem as New Country Chairman
Royal Dutch Shell has appointed Khaled Kacem as the new Chairman and Managing Director in Egypt, replacing Gasser Hanter.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
SDX Expects Delay in South Disouq Project
SDX Energy Corporation announced that the start-up date for South Disouq gas production might be delayed until Q4 2019.
Reforms of Fuel Subsidies to be Completed in FY 2018/19: IMF
The Egyptian government is keen to attain full cost recovery for all fuel products, except for liquefied petroleum gas (LPG) and fuel used in power plants and in bakeries by the end of FY 2018/19.
Egypt Imports 60% of Butane Consumption
Egyptian butane imports during the first three months in 2019 were close to 60% of the country's butane cylinders.
Egypt to Double LNG Exports by End of 2019: El Molla
Egypt plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.
Egypt, Saudi Arabia Discuss Oil, Gas Opportunities
El Molla and Al-Falih met on the sidelines of the World Economic Forum on the Middle East and North Africa that is taking place in Jordan on April 6-7.
Eni Starts Implementing 7th Zohr Processing Plant
Eni has started implementing the seventh natural gas processing plant at Zohr field with a capacity of 400 million standard cubic feet per day (mmscf/d) of natural gas.
