Egypt | Egypt Oil & Gas - Part 217

Egypt to Be a Must-Have Petroleum Investment Destination

Petroleum Intelligence Weekly announced Egypt to be a must-have petroleum investment destination for IOCs due to the Zohr giant gas discovery made by Eni in 2015.

EETC to Increase Cost Sharing Value by 25% for Benban Projects

The main reason behind this upsurge is the infrastructure prices increase and the construction of a central station and weight control room.

Egypt Cooperates with Arab Region States

Two seismic surveys in the Red Sea and southern Egypt have been carried out, which encourages the MoP to submit tenders to IOCs and promote exploration and production E&P in the region.

Egypt Ready to Export Electricity to Sudan by End of March

The Egyptian Ministry of Electricity could provide up to 40 megawatts to Sudan

Manar Misr Petroleum Signs Training Protocol with AABFS

The protocol comes within the framework of the Human Development Program initiative, which is a part of the MoP's Modernization project that aims at training human resources and boosting their efficiency.

Alcazar Completes 200 MW Solar Plants in Aswan

The company will commence a pilot operation of the projects, one by one starting March 2019

Egyptian Natural Gas Output Reaches 6.8 bcf/d

Egyptian natural gas output has reached 6.8 bcf/d upon adding production from the West Nile Delta project phase 2 as well as other projects.

Misr Petroleum Pumps 2.1 M Liters/Day of 92-Octane Gasoline

Misr Petroleum sells around 15 million liters of diesel and 6 million liters of 80-octane gasoline every day

ERC Seeks $80 M Loan from CIB

CIB is arranging the $80 million loan for ERC to fund the general capital.

ELAB Reveals 72% of Petrochemical Exports Goes to the European Market

The company exports its product to Middle Eastern and North African countries, as well as some countries in Asia and South America.

Page 217 of 456

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