El Molla: Egypt to Give Up FSRU
One of Egypt's two Floating Storage Regasification Units (FSRUs) will leave the country before the end of the week following an agreement with Norwegian supplier Hoegh LNG.
Egypt | Egypt Oil & Gas - Part 242
SUPSC, Apicorp Sign Methanol Project Contract
Suez Petroleum Services Company (SUPSC) has signed a memorandum with Arab Petroleum Investments Corporation (Apicorp) for funding a methanol derivatives project.
Egypt, BP Talk Giza, Fayoum Development
Egypt's Minister of Petroleum, Tarek El Molla, has met with BP Upstream CEO Bernard Looney to discuss the status of the development of Giza and Fayoum fields.
Sidpec Obtains Technology License from Grace Company
Egypt's Sidi Kerir Petrochemicals Company (Sidpec) has obtained a license from W.R. Grace & Co. to use its UNIPOL PP Process Technology.
Cabinet Rejects Rumors of Fuel Price Increase
The media department of the Egyptian cabinet has rejected rumors about a new fuel price increase in 2018 to decrease the budget deficit.
UAE’s Dragon Oil Looking to Spend $500M in Acquisitions in 2019
The upstream investment arm of Dubai state-owned ENOC, Dragon Oil, plans to invest $500 million in oil and gas assets next year, chief executive Ali Rashid al-Jarwan said.
Egypt to Establish Oil Pipeline between Ain Sokhna and El Tebbin
Egypt plans to establish a pipeline to transport petroleum products from Ain Sokhna to El Tebbin and then to Mostorod and Upper Egypt.
IRENA: Egypt Could Generate 53% Electricity from Renewables by 2030
Egypt could produce up to 53% of its electricity from renewable resources by 2030, saving the government up to $900 million each year.
El Molla Requests Budget Increase for Fuel Subsidies
Egyptian President Abdel Fattah El Sisi has revealed that petroleum minister Tarek El Molla requested increasing fuel subsidy allocations to $125 billion.
Enppi, Technip, ANOPC Sign Refining Agreement
Engineering for the Petroleum & Process Industries (Enppi) has signed an agreement with Technip and Assiut National Oil Processing Company (ANOPC) to begin preparations for the construction of the mazut hydrogen c ...
