Yorktown to Sell Merlon Egypt Business
Yorktown Partners has announced that it will sell Merlon International, an oil and gas company focused on exploration and production in Egypt's Western Desert region.
Yorktown Partners has announced that it will sell Merlon International, an oil and gas company focused on exploration and production in Egypt's Western Desert region.
The Egyptian government will sign a memorandum of understanding (MoU) with the European Union (EU) during the EU energy commissioner's visit to Egypt in the final week of April 2018.
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has reviewed Rashid Petroleum Company's (Rashpetco) work on the phase 9B development project in the Mediterranean.
Recent natural gas discoveries in Egypt have put it among the top 20 countries in terms of reserves and production, Mirna Arif, regional sales director at Baker Hughes, has said.
Schlumberger invested around $60 million in the construction of the Egypt Center of Efficiency which provides competitive services and enables the exchange of information for the Egyptian oil and gas industry.
BP expects supplies of liquefied natural gas (LNG) to more than double by 2040, Regional President of North Africa Hesham Mekawy has said.
The Egyptian Natural Gas Holding Company, the Ganoub El Wadi Petroleum Holding Company (Ganope) and Toyota have signed a $600 million agreement to purchase an offshore drilling rig capable of operating in deep wat ...
The Egyptian Ministry of Petroleum and Mineral Resources has signed two agreements with Halliburton on the sidelines of the Mediterranean Offshore Conference and Exhibition 2018.
Egypt's daily crude oil production has increased by 4.3% so far in 2018, compared to 2017, said head of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El Regal.
BP plans to boost natural production of West Nile Delta project to reach 1.3 billion cubic feet per day (bcf/d).