Egypt | Egypt Oil & Gas - Part 287

El Molla: EGYPS, an Opportunity for Ideas, Expertise Exchange

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, pointed out the importance of the Egypt Petroleum Show (EGYPS 2018) as an opportunity to exchange ideas and operational expertise and to ge ...

Sidpec Starts Operations at New Unit

Sidi Kerir Petrochemicals Company (Sidpec) has started operations at a new unit aimed to remove bottlenecks from the Ethylene factory to operate at full capacity, with $27 million investment costs.

Fuel subsidies Jump by 34% in H1 of 2017/18

The cost of Egyptian fuel subsidy has increased by 34% during the first half of fiscal year (FY) 2017/2018, reaching EGP 51 billion, from EGP 38 billion.

Cabinet Approves E&P Agreements in Suez Gulf

Egyptian Cabinet has approved a draft law to license the Minister of Petroleum and Mineral Resources to contract with EGPC and BP Exploration (Delta) Ltd. for exploration and production (E&P) activities in the nor ...

Qarun to Drill 22 Wells in 2018/2019

Qarun Petroleum Company plans to drill 22 wells to expand its activities during fiscal year (FY) 2018/2019, for production to reach 11.9 million barrels during the fiscal year.

Kuwait Energy Seeks Success in Egyptian Concessions

Kuwait Energy Company is looking forward to expanding its success in the company’s concessions in Egypt, and participating in international oil and gas international tenders launched by the Egyptian oil and gas se ...

Xodus Appoints First General Manager for Egypt Office

Xodus Group appointed Salah Farid Tantawy as its first general manager in Egypt as it plans to boost its track record in the North African country and aims for new contracts.

Egypt to Connect 1.35 M Households to National Gas Grid

The Egyptian cabinet announced allocating EGP 4.5 billion to connect 1.35 million residential units to the national gas grid by the end of 2018.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators on one page, for your convenience.

Egypt Natural Gas Output to Exceed 6 bcf/d

Egypt’s production of natural gas increased by 1.6 bcf/d in 2017, up to 5.5 bcf/d, said Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources.

Page 287 of 460

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