Natural Gas Production Increases by 19.59% YOY
Egypt’s natural gas output rose by around 19.59% year-on-year (YOY) to reach 4.023 million tons in August 2018, compared to 3.364 million tons in August 2017.
Egypt | Egypt Oil & Gas - Part 239
Eni to Invest $5B in Zohr Gas Processing Plant
Eni has estimated that it will invest $5 billion to construct a gas processing plant for Zohr natural gas field.
Egypt’s Production of Crude Oil and Condensates Increases to 660,000 b/d
Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018.
Egypt, IMF Reach Staff-Level Agreement for $2B Loan Disbursement
The International Monetary Fund (IMF) reached a staff-level agreement with the Egyptian government on October 30, paving the way for the release of the fifth loan tranche of $2 billion.
Shawcor Presents the Flexpipe Linepipe to EGPC
Shawcor presented its flexpipe to a team of engineers working in the Egyptian General Petroleum Corporation (EGPC) at the company's headquarters in Cairo on October 29.
Midor Signs $1.2B Loan Agreement
Middle East Oil Refinery (Midor) has signed the final contracts for a $1.2 billion syndicated loan from Italy’s CDP, France's BNP Paribas, and Crédit Agricole.
Egypt to Start Operating Sudanese Electricity Link by 2018 End
Egypt is expected to begin operating the 100-MW first phase of the electricity link with Sudan by the end of this year, according to government sources.
Eni Starts Drilling Ninth Zohr Well
Eni has started drilling the ninth well at the Zohr natural gas field.
Apache Invests over $1B in Egypt in 2018
Apache has invested more than $1 billion in the Egyptian oil and gas sector during 2018, David Chi, vice-president and general manager of Apache Egypt, has said.
Egypt’s Gas Reserves Increase by 33.3% since 2015
Egypt’s natural gas reserves increased by 33.3% reaching around 90 trillion cubic feet (Tcf), compared to 60 Tcf in 2015, as the country added new natural gas fields, including Zohr and Atoll, to production.
