Egypt Delays Purchase of Oil Price Hedging Contract
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.
Egypt | Egypt Oil & Gas - Part 267
Egypt to Reach Natural Gas Surplus by April 2019
President Abdel Fattah El Sisi announced that Egypt will obtain a surplus of natural gas by April 2019.
West Nile Delta Phase 2 Fields to Start Production in December
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 to Buy Merlon El Fayum
SOCO International has agreed to buy Merlon Petroleum El Fayum Company for around $215 million.
Ennpi, Wood Group Sign Cooperation Agreement
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 Gas Consumption to Reach 9 bcf/d in 2020/21
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.
ANRPC Completes Project to Increase Benzene Production
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.
Egypt to Export 250 mscf/d of Gas to Jordan
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 ...
Egypt to Link Four New Areas to National Gas Grid in October
Egypt will connect new areas to the national gas grid, including Tanash in Giza, Maghagha in Minya, Abu Kebir and Faqous in Sharqia in October 2018.
Petronas Talks E&P Opportunities in Egypt
Egyptian Minister of Petroleum Tarek El Molla met with Anuar Taib, Executive Vice President & CEO Upstream at Petronas, to discuss available opportunities for exploration and production (E&P) in the Red Sea.
