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 | Egypt Oil & Gas - Part 224
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.
Enppi Signed EGP 16.4 B Worth of Contracts in 2018
Engineering for the Petroleum & Process Industries (Enppi) has signed contracts worth of EGP 16.4 billion in 2018, of which EGP 8.9 billion were directed for operations in Egypt and EGP 7.5 billion were directed a ...
DEA, SUCO Launch Women’s Day Symposium
DEA announced that the symposium tackled new methods that empower women's achievements and enhance their role in the society so that they are encouraged to take on more opportunities.
Petrojet Revenues Hit New Record High
The surge in revenues is attributed to the unprecedented volume of contracts that were signed last year, which totaled EGP 40 billion.
Petroleum Products Consumption Declines 8.3% YOY
Egypt’s consumption of petroleum products decreased by around 8.3% year-on-year (YOY) in January 2019 to 2.649 million tons, compared to 2.896 million tons in January 2018.
Egypt to Cut Petroleum Subsidies by 42% in FY 2019/20
The Egyptian government decided decreasing petroleum products subsidies by 42% in the budget plan of fiscal year (FY) 2019/20.
El Sisi Approves Gas Market Law Amendments
The amendments are related the part of the law dealing the collection of fines resulting from the violation of the law.
EMC Signs a 10-Year Agreement with Jordan’s Arab Potash
The Egyptian company was further awarded a contract to provide and install a natural gas liquefaction line in the Gulf of Aqaba.
Egypt to Utilize its Geothermal Energy
Egypt plans to produce 20% of its electricity demand from renewable resources, including solar energy, wind power, and hydropower, by 2022, and increase it to 40% by 2035.
