Bulgaria Eyes Joining Egypt-Greece-Cyprus Gas Project
Bulgaria is interested in joining Egypt-Greece-Cyprus gas project, according to the embassy's press release.
Bulgaria is interested in joining Egypt-Greece-Cyprus gas project, according to the embassy's press release.
Eni hopes to finish linking Zohr natural gas field's production in July 2019 instead of the end of 2019.
The government will delay the purchase of the hedging contract designed to guard against rising oil prices, despite agreeing a deal with several investment banks.
President Abdel Fattah El Sisi announced that Egypt will obtain a surplus of natural gas by April 2019.
The Giza and Fayoum fields in the West Nile Delta concession will be added to production in the second phase of the project in December 2018.
SOCO International has agreed to buy Merlon Petroleum El Fayum Company for around $215 million.
Engineering for the Petroleum & Process Industries (Enppi) has signed a cooperation agreement with UK's Wood Group, one of the biggest oil and gas deepwater engineering providers.
Egypt's average consumption of natural gas will grow to reach around 9 billion cubic feet per day (bcf/d) by 2020/21 because of Egypt's industrial development plan.
Alexandria National Refine & Petrochemical Company (ANRPC) has completed a new $219 million project that will increase the company's production of 92-octane benzene and 95-octane benzene to 700,000 tons per year.
The Egyptian Ministry of Petroleum has finalized negotiations with Jordan to sign a deal for exporting around 250 million standard cubic feet per day (mscf/d) of gas to a Jordanian electricity-generating power pla ...