Ain Sokhna Pipeline Fire Kills 3
Fire broke out in a natural gas pipeline at Ain Sokhna on March 31st, killing three workers.
Egypt | Egypt Oil & Gas - Part 274
Eni to Drill 3 Wells at Zohr
Eni plans to drill three additional wells as part of the first phase of development at Zohr natural gas field, an official at the Egyptian Natural Gas Holding Company (EGAS) has said.
Cabinet Issues E&P Agreements Licenses
The Egyptian cabinet has issued a license to amend the exploration and production (E&P) agreement for the Ras Qattara Concession.
Diesel Consumption Reaches Close to 275,000 tons a Week
The Egyptian local market consumed around 275,000 tons per week, across the state’s sector, while the country’s output reached 130,000 per week.
AEDC Issues Tenders for Infrastructure Development
The Alexandria Electricity Distribution Company (AEDC) issued six tenders for local firms as a part of its plans to refurbish and develop its infrastructure.
Dabaa Nuclear Plant Construction Could Start in 2020
The construction of Egypt's Dabaa nuclear power plant could start in 2020, Alexei Likhachev, Rosatom CEO, has announced.
Electricity Ministry Delays IPOs
The Egyptian Ministry of Electricity and Renewable Resources has delayed the initial public offerings of three firms onto the Egyptian Exchange until electricity subsidies are lifted.
SDX Starts Initial Drilling at South Disouq
SDX Energy Corporation started the initial drilling operations at its Ibn Yunus-1X exploration well located at South Disouq field.
Egypt Pumps 250,000 Butane Cylinders per Week
The Egyptian General Petroleum Corporation (EGPC) recently succeeded in pumping 250,000 butane cylinders during the past week to cover the demands of the commercial and residential sectors across the country.
ADES Borrows $450 M to Finance Acquisitions
ADES International Holding Company will borrow a syndicated loan worth $450 million over five years in order to finance acquisitions following the company’s 2017 initial public offering.
