Inaugural Meeting of the East Med Seven Takes Place in Cairo
The meeting included representatives from the seven countries of EMGF, comprising Egypt, Cyprus, Greece, Jordan, Italy, Palestine, and Israel along with the EU.
The meeting included representatives from the seven countries of EMGF, comprising Egypt, Cyprus, Greece, Jordan, Italy, Palestine, and Israel along with the EU.
The agreement was signed by Minister of Petroleum, Tarek El Molla; head of EGPC, Abed Ezz El Regal; and DEA Egypt’s General Manager, Sameh Sabry.
The projects included a new diesel treatment unit at the Alexandria Petroleum Company and another project for gas utilization in petroleum fields.
EGAS will launch an E&P bid round to search for natural gas in the West Mediterranean.
Egypt’s LNG exports from the Idku liquefaction plant grew 44% in February 2019 compared to a month earlier, reaching 391.3 mcm of LNG.
The company announced that El-Mohandes joined them from the Export-Import Bank of the United States to work on securing appropriate, sustainable streams of funds for the company.
Tharwa Petroleum Company plans to produce 7,250 b/d in 2019 by drilling six exploratory wells and five development wells.
Companies working in Benban solar park completed 30% of the solar power plants' construction at the end of February 2019.
The Gas Regulatory Authority issued two licenses to EGAS to ship and distribute natural gas, and three licenses to GASCO to supply, deliver, and distribute natural gas.
The African-focused resources and trading company decided to seek acquiring other marginal oil and gas field across the continent.