Egypt Cancels Fuel Hedging Contracts
The Ministry of Finance has canceled plans to purchase fuel hedging contracts from international financial institutions.
Egypt | Egypt Oil & Gas - Part 242
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 ...
Egyptian Natural Gas Output to Reach 8 bcf/d in 2021: Ministry Official
Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.
EDC Hosts Ministry of Petroleum’s Annual Safety Day
The Ministry of Petroleum's Annual Safety Day 2018, held on December 6 at the Egyptian Drilling Company's (EDC) headquarters in Cairo, brought together oil and gas leaders to discuss safety culture, leadership, an ...
Egypt Reviews Financial Offers for E&P Tender
Egypt has reviewed financial offers for the exploration and production (E&P) tender launched for Egyptian concessions.
Egyptian Business Delegation Visits UK
The UK's Ambassador to Egypt, Geoffrey Adams, has received Egyptian Finance Minister Mohamed Maait and an accompanying business delegation in England.
Electricity Consumption Increases by 2.88% YOY in August 2018
Egyptian electricity consumption increased by 2.88% year-on-year (YOY) in August 2018, recording 14.3 megawatts per hour (MWh) compared to 13.9 MWh in August 2017.
