Qalaa Holdings Company presented its $4.3 billion Egyptian Refining Company (ERC) at the African Investment Forum as a case study for boosting the attractiveness of private investment using policy reform.
Egyptian Petroleum Minister, Tarek El Molla, met with Saudi Energy Minister, Khalid Al-Falih, to discuss global petroleum market updates.
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of several international oil companies (IOCs) on the sidelines of the Abu Dhabi International Exhibition & Conference (ADIPEC 2018).
Jordan seeks to increase its natural gas imports from Egypt to meet a third of its demand, said Hala Zawati, Jordanian Minister of Energy.
Rockhopper Exploration Company announced that production from the Abu Sennan concession has reached around 3,800 barrels per day (b/d), 22% of which is the company's share.
Egypt is looking to take advantage of the region's natural gas discoveries by becoming a hub for refining, manufacturing, distribution and transportation of oil and natural gas.
UAE's Mubadala company reached an agreement to buy a 20% stake in the Noor offshore concession from Eni.
The Egyptian General Petroleum Corporation (EGPC) is preparing to sign contracts related to the exploration and production (E&P) tenders it launched in 2018.
TransGlobe Corporation has announced it will allocate a $24.1 million capital budget for Egypt during 2019.
Alexandria Mineral Oils Company (AMOC) is in talks with an international refining company to sign contracts for selling 300,000 tons of mazut on a yearly basis.
