Egypt | Egypt Oil & Gas - Part 236

Self-Sufficiency Must be Achieved Before Gas Exports Can Begin: El Molla

Egypt will begin exporting natural gas after it has achieved self-sufficiency, Minister of Petroleum Tarek El Molla has said.

Firms Need GMRA Approval to Import Gas: El Molla

Companies approved by the Egyptian Natural Gas Holding Company (EGAS) to import natural gas must obtain approvals from the Gas Market Regulatory Authority (GMRA), Minister of Petroleum Tarek El Molla has said.

Egypt Signs 63 Petroleum Agreements in Four Years: El Molla

Egypt has signed 63 petroleum agreements over the past four years with around $14 billion of investment.

Red Sea E&P Bidding to Start in Two Weeks

The Ministry of Petroleum will open bidding for exploration and production (E&P) contracts in the Red Sea within the coming two weeks.

Egypt Constitutional Committee Authorizes Egypt-Cyprus Pipeline Agreement

Egypt's Constitutional Committee authorized the Egypt-Cyprus agreement to establish a natural gas subsea pipeline on December 9.

Egypt Cancels Fuel Hedging Contracts

The Ministry of Finance has canceled plans to purchase fuel hedging contracts from international financial institutions.

BP, Mubadala Purchase 45% Stake in Eni’s Noor Concession

Egypt has approved the sale of a 25% stake in Eni's offshore exploratory Noor concession to BP.

Gas Cool Signs Agreement for New Administrative Capital Cooling Plant

The Egyptian Company for Energy & Cooling Projects (Gas Cool) has signed a deal with Administrative Capital for Urban Development (ACUD) to establish the first and largest central cooling plant for the new adminis ...

Eni to Drill Tenth Zohr Well in January 2019: Source

Eni plans to start drilling the tenth well at the Zohr natural gas field during January 2019 at a cost of $300 million.

El Molla Meets with Company Heads to Discuss Naphtha Tank Fire

Minister of Petroleum Tarek El Molla met with the head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, and the head of the Alexandria Petroleum Company (APC), Medhat Bahgat, to discuss a r ...

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