Local Participation in First, Second Dabaa Reactors Could Reach 25%
Egyptians will make up 20-25% of the workforce needed for the construction of the first and second reactors at the Dabaa nuclear power plant.
Egypt | Egypt Oil & Gas - Part 255
Egypt, Bulgaria Trade Exchange Volume Exceeds $1.13B
Minister of Foreign Affairs, Sameh Shoukry, met with Bulgarian President, Rumen Radev, to discuss the importance of enhancing economic cooperation.
US Firms Show Interest in EGAS Offshore Bidding
Exploration and production (E&P) bidding for offshore concession in the Mediterranean Sea, under the Egyptian Natural Gas Holding Company (EGAS) is due to close on November 29th.
Banking Consortium Offers EGP 10B Loan to EGPC
A banking consortium of six banks have offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity.
Egypt to Lay Foundation Stone for EuroAfrica Electricity Interconnector
Egypt plans to lay the foundation stone of the EuroAfrica Interconnector project in November 2018.
Egypt Agrees $1.7B Settlement in Arbitration Case with Israel
Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corp ...
Shell Promotes CSR during the Arab Sustainable Development Week
Shell is working within its corporate social responsibility (CSR) framework to create jobs and develop local businesses.
Eni Completes Drilling of Ninth Well at Zohr
Italian oil giant Eni has completed drilling the ninth well at the Zohr natural gas field at a cost of $300 million.
Egypt’s Budget Deficit Decreases to 1.9% in Q1 2018/19
Egypt's budget deficit decreased to 1.9% during Q1 of fiscal year (FY) 2018/19, compared to 2% in the previous fiscal year, stated Minister of Finance Mohamed Maait.
Ganope Holds Red Sea E&P Workshop
Minister of Petroleum Tarek El Molla inaugurated a workshop on November 19 organized by Ganoub El Wadi Petroleum Company (Ganope) on the oil and gas exploration and production (E&P) in the Red Sea.
