Egypt | Egypt Oil & Gas - Part 246

Jordan Seeks Increasing Natural Gas Imports from Egypt

Jordan seeks to increase its natural gas imports from Egypt to meet a third of its demand, said Hala Zawati, Jordanian Minister of Energy.

Abu Sennan Oil Production Reaches 3,800 b/d

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.

El Molla: Egypt Looking to Become Refining Hub

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.

Mubadala to Acquire 20% of Noor Concession

UAE's Mubadala company reached an agreement to buy a 20% stake in the Noor offshore concession from Eni.

EGPC to Sign Contracts for 2018 E&P Tender in 2019

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 Allocates $24.1M Capital Budget for Egypt in 2019

TransGlobe Corporation has announced it will allocate a $24.1 million capital budget for Egypt during 2019.

AMOC in Talks with International Refining Company over 300,000 tons Mazut/Year

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.

Shell Increases Natural Gas Exports via Idku

Royal Dutch Shell is currently exporting 300 million standard cubic feet per day (mmscf/d) from its production share in Burullus and Rosetta fields, via the Idku liquefaction plant.

BP to Invest $1.8B in Egypt

BP will spend $1.8 billion in Egypt next year, according to BP’s chief executive Bob Dudley.

EGPC Eyes $750M Loan

The Egyptian General Petroleum Corporation (EGPC) is studying obtaining a $750 million loan from foreign lenders.

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