SDX, BP Terminate Acquisition Talks
SDX Energy Corporation announced the termination of the transaction that was aiming to acquire a part of BP's assets in Egypt.
Egypt | Egypt Oil & Gas - Part 262
Egypt Considers New Production Agreement Model
The Egyptian government is working on having a new exploration and production (E&P) contract model for future oil and natural gas operations in undeveloped areas.
United Energy to Increase Investments in Egypt
China’s United Energy Group is planning to launch new investments in Egypt, which will increase oil and gas production.
El Sisi Signs Law Amending East Bahariya E&P Agreement
Egyptian President Abdel Fattah El Sisi has signed into law legislation that allows Minister of Petroleum Tarek El Molla to sign an agreement with both the Egyptian General Petroleum Corporation (EGPC) and Apache ...
International Banking Consortium Lends EGPC $1B
The Egyptian General Petroleum Corporation (EGPC) has signed the final contract for a $1 billion loan with a consortium consisting of 13 international and Arab financial institutions.
ANOPC in Talks for EGP 1.2B Refinery Loan
Assiut National Oil Processing Company (ANOPC) is negotiating with local banks in order to obtain a EGP 1.2 billion loan to part-finance the construction of a mazut hydrogen cracking complex.
El Molla: Egypt to Give Up FSRU
One of Egypt's two Floating Storage Regasification Units (FSRUs) will leave the country before the end of the week following an agreement with Norwegian supplier Hoegh LNG.
SUPSC, Apicorp Sign Methanol Project Contract
Suez Petroleum Services Company (SUPSC) has signed a memorandum with Arab Petroleum Investments Corporation (Apicorp) for funding a methanol derivatives project.
Egypt, BP Talk Giza, Fayoum Development
Egypt's Minister of Petroleum, Tarek El Molla, has met with BP Upstream CEO Bernard Looney to discuss the status of the development of Giza and Fayoum fields.
Sidpec Obtains Technology License from Grace Company
Egypt's Sidi Kerir Petrochemicals Company (Sidpec) has obtained a license from W.R. Grace & Co. to use its UNIPOL PP Process Technology.
