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.
Jordan seeks to increase its natural gas imports from Egypt to meet a third of its demand, said Hala Zawati, Jordanian Minister of Energy.
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.
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.
UAE's Mubadala company reached an agreement to buy a 20% stake in the Noor offshore concession from Eni.
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 Corporation has announced it will allocate a $24.1 million capital budget for Egypt during 2019.
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.
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 will spend $1.8 billion in Egypt next year, according to BP’s chief executive Bob Dudley.
The Egyptian General Petroleum Corporation (EGPC) is studying obtaining a $750 million loan from foreign lenders.