EDC Becomes 100% Egyptian
EDC expanded its scope of work, currently owning 40 onshore drilling rigs, four offshore rigs, 21 wells maintenance rigs, two lifting units, and one offshore device.
Egypt | Egypt Oil & Gas - Part 216
El Molla, Finance Institutions Discuss Natural Gas Delivery
The meeting discussed the updates of the national project designed to connect households to the natural gas national grid, in which both the World Bank and AFD contribute in funding, along with the European Union ...
Oil Trade Balance Records $150.8 M Surplus in H1 FY 2018/19
Oil goods exports grew by 18.4%, recording $14.3 billion in H1 FY 2018/19 compared to $12.1 billion in H1 FY 2017/18, which contributed to decreasing the deficit in the balance of trade.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egyptian PM Reviews Petroleum Projects
Egyptian Prime Minister, Mostafa Madbouly, met with Minister of Petroleum, Tarek El Molla, to review the status of several oil and gas projects.
Egypt Establishes HR Database for Petroleum Sector
Egypt recently established a single data base that connects all employees in the oil and gas sector to the Ministry of Petroleum, the Egyptian General Petroleum Corporation (EGPC) and other holding companies.
95-Octane Gasoline Price Remains the Same
The decision came as the technical committee assigned for 95-octane gasoline pricing met on March 31. The technical committee reconsidered the pricing scheme in light of the recently announced Central Bank of Egyp ...
Egyptian Butane Imports Fall by 8.36% YOY
Egyptian butane imports decreased by 8.36% year-on-year (YOY), reaching 239,000 tons in January 2019, compared to the 260,800 imported in January 2018.
Rovco Partners with Drexel
According to the new partnership deal, Rovco will be offering advanced subsea services to firms working in Egypt, which comes as a part of its plan to boost business in the region throughout the upcoming five year ...
Egypt Pays $10 M to Dana Gas
Dana Gas received $10 million from the Egyptian government, as well as $9 million from the sales of El Wasatani field's condensates.
