EGAS Offers 4 LNG Cargoes in April
The LNG cargoes are offered in a tender that is set to close on March 18 in order to be awarded by March 21.
The LNG cargoes are offered in a tender that is set to close on March 18 in order to be awarded by March 21.
El Molla and his American counterpart talked about ways of boosting cooperation in the oil and gas sector between Egypt and the US, and possibilities of increasing American petroleum companies' investments to prov ...
El Molla pointed out that the ministry’s commitment to secure an investment attractive climate will encourage big international oil companies (IOCs) to invest in Egypt.
The company is interested in the bid rounds launched by the Egyptian oil and gas sector for exploration in the Mediterranean and Red Sea.
El Molla met with CEOs of Schlumberger and BP to discuss the companies' work in Egypt.
The ministry completed the project and requested operational trial from the Sudanese side in March, but it received back a reply that there is no electricity minister in Sudan.
According to the MoU, Halliburton will invest in the young and middle-management development programs as a part of the ministry's Modernization Project.
The meeting reviewed available opportunities for the company to pump new investments in the E&P field.
Investments in the oil and gas sector's E&P recorded $2.6 billion, the report noted, revealing that exploration and development in the South Valley recorded $4.7 million.
The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through ...