Egypt to Launch E&P Outbidding
The Egyptian Ministry of Petroleum and Mineral Resources is in the process of launching new international bids for the exploration and production (E&P) of natural gas in the Mediterranean Sea.
The Egyptian Ministry of Petroleum and Mineral Resources is in the process of launching new international bids for the exploration and production (E&P) of natural gas in the Mediterranean Sea.
Nostra Terra Oil and Gas Co has announced that a dispute between its subsidiary and North Petroleum over the East Ghazalat Concession has been referred to arbitration.
Egypt plans to sign a joint agreement with Cyprus to construct a direct pipeline from the Cypriot Aphrodite natural gas field to Egypt.
Eni has announced that they have started operations at the second production unit at Egypt's Zohr natural gas field.
Egyptian Minister of Petroleum Tarek El Molla met with BP's Head of Supply and Trading, Alan Haywood, to form a joint committee that will study opportunities for future cooperation.
The Egyptian government will sign an agreement within the next three weeks with Agence Francaise De Developpement (AFD) to provide technical support to the new gas regulator in Egypt.
Petrosilah Petroleum Company plans to invest $55 million into Egyptian oil exploration during fiscal year (FY) 2018/19.
Zohr natural gas field output increased to reach 700 million standard cubic feet per day (mscf/d) on April 23.
Mubadala Petroleum company is expected to sign the final contracts to acquire a 10% stake in Egypt's Zohr natural gas field in May 2018.
Egyptian ports will receive the third cargo of 2 million barrels of Iraqi crude oil at the end of June 2018.