Egypt | Egypt Oil & Gas - Part 247

Apache Founder Raymond Plank Dies at 96

Raymond Plank, founder and former CEO of Apache, died on November 8th, at the age of 96.

Oil, Gas Investments to Reach $10B in 2018/19

The Egyptian oil and gas sector is set to receive $10 billion investments in the fields of exploration and production (E&P) and development during fiscal year (FY) 2018/19.

Egypt Posts Preliminary 5.3% Q1 GDP

Egypt’s economy grew by 5.3% in Q1 2018/19, according to preliminary government data revealed by Minister of Planning, Hala El Said.

Egypt to Export 150 mmscf/d Natural Gas to Jordan in December

The Egyptian Ministry of Petroleum will increase natural gas exports to Jordan to 150 million standard cubic feet per day (mmscf/d) by the end of 2018.

Town Gas Targets Delivering Natural Gas to 285,000 Households in 2018

Town Gas Company hopes to deliver natural gas to around 285,000 households by the end 2018.

Egypt Sets $20B E&P FDI Target over Three Years

The Egyptian Ministry of Petroleum and Mineral Resources plans to attract $20 billion in foreign direct investment (FDI) for exploration and production (E&P) over the next three years.

El Molla Discusses Investments with ExxonMobil

Egyptian Petroleum Minister, Tarek El Molla, met with Bryan Mitlon, President of ExxonMobil Fuels and Lubicants Company, and Hesham El Amrosy, Chairman and Managing Director of ExxonMobil Egypt, to discuss investm ...

Petroleum Ministry Eyes Chinese Investment Opportunities

Egypt has promising investment opportunities with China in the fields of energy, oil and natural gas, stated Ashraf Farag, deputy minister of petroleum for agreements and exploration.

ACWA Power to Establish $2.3 B Gas-Fired Combined Cycle Plant

ACWA Power Company, in cooperation with Hassan Allam Group, will establish a $2.3 billion gas-fired combined cycle electricity generating plant with a 2300 MW production capacity.

Egypt-Israel Gas Deal: Pipeline Capacity Issue Casts Shadow over Gas Export Agreement

Israel's domestic pipeline infrastructure reportedly does not have the capacity to transfer the contracted quantities of natural gas from the Tamar and Leviathan fields to Egypt.

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