Egypt | Egypt Oil & Gas - Part 256

Egypt | Egypt Oil & Gas - Part 256

Egypt, US to Boost Oil, Gas Cooperation

Egyptian Minister of Petroleum Tarek El Molla met with Francis Fannon, Assistant Secretary for the Bureau of Energy Resources (ENR) at the U.S Department of State, to discuss cooperation in the oil and natural gas ...

TransGlobe Tests Three Intervals in Bahariya Formation

TransGlobe Energy Corporation started testing three intervals in its Bahariya formation, which showed 3,840 barrels per day (b/d) of light oil from both the Bahariya and Lower Bahariya.

Shell to Increase Burullus, Rashid Gas Production

Shell is looking to increase natural gas production from its Burullus and Rashid fields to 450 million standard cubic feet per day (mmscf/d) by the end of fiscal year (FY) 2018/19, up from the current 400 mmscf/d. ...

Misr Petroleum, COOP to Launch New, Reformulated 95-Octane Benzene

Misr Petroleum Company and Egypt's Co-operation Petroleum Company (COOP) will launch a new reformulated 95-octane benzene, which will be sold at the same price of 95-octane benzene.

Egypt M&A Value Soars to $1.5B in 2018: Mergermarket

Egypt's mergers and acquisitions (M&A) value increased by 285.6%, reaching $1.5 billion in 2018 with a total of 14 deals, compared to $389 million in 2017 that had only 10 deals.

ASORC Negotiates $500M Loan

The Assiut Oil Refining Company (ASORC) has completed talks with local and Gulf banks for a $500 million loan, a part of the $1.9 billion financing package for the mazut hydrocracking complex.

Qalaa Holdings Showcases ERC at African Forum

Qalaa Holdings Company presented its $4.3 billion Egyptian Refining Company (ERC) at the African Investment Forum as a case study for boosting the attractiveness of private investment using policy reform.

El Molla Meets with Energy Ministers

Egyptian Petroleum Minister, Tarek El Molla, met with Saudi Energy Minister, Khalid Al-Falih, to discuss global petroleum market updates.

El Molla Meets with IOCs Heads

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of several international oil companies (IOCs) on the sidelines of the Abu Dhabi International Exhibition & Conference (ADIPEC 2018).

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.

Page 256 of 477

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