SDX Energy Boosts Production in Egypt, Morocco
SDX Energy Corporation increased its actual production from Egypt and Morocco to reach 11,109 barrels of oil equivalent per day (boe/d) as of November 23.
Egypt | Egypt Oil & Gas - Part 234
Italy “Europe’s Energy Gateway”: El Molla
Egyptian Minister of Petroleum Tarek El Molla has described Italy as "Europe's energy gateway" and affirmed Egypt's desire to deepen cooperation between the two countries.
Electricity Sector to Pay Down Debts to Petroleum Ministry over Five Years
The Egyptian electricity sector is set to pay down the total debts to the Ministry of Petroleum within five years.
Chevron, Axens Show Interest in AMOC Project
Chevron and France's Axens have shown interest in a project for the Alexandria Mineral Oils Company (AMOC) and will submit financial and technical offers by the end of December 2018.
Local Participation in First, Second Dabaa Reactors Could Reach 25%
Egyptians will make up 20-25% of the workforce needed for the construction of the first and second reactors at the Dabaa nuclear power plant.
Egypt, Bulgaria Trade Exchange Volume Exceeds $1.13B
Minister of Foreign Affairs, Sameh Shoukry, met with Bulgarian President, Rumen Radev, to discuss the importance of enhancing economic cooperation.
US Firms Show Interest in EGAS Offshore Bidding
Exploration and production (E&P) bidding for offshore concession in the Mediterranean Sea, under the Egyptian Natural Gas Holding Company (EGAS) is due to close on November 29th.
Banking Consortium Offers EGP 10B Loan to EGPC
A banking consortium of six banks have offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity.
Egypt to Lay Foundation Stone for EuroAfrica Electricity Interconnector
Egypt plans to lay the foundation stone of the EuroAfrica Interconnector project in November 2018.
Egypt Agrees $1.7B Settlement in Arbitration Case with Israel
Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corp ...
