Egypt | Egypt Oil & Gas - Part 299

TransGlobe Increases Output by 27%

TransGlobe Energy Corporation announced that its production had increased by 27% in 2017.

Eni: Zohr Production Began in “Record Time”

Production from the Zohr natural gas field started "in a record time for this type of field of less than two and a half years."

Shaker: Nuclear Power to Save Egypt $7 per Million Thermal Units

The planned El Dabaa Nuclear Power Plant could save Egypt approximately $7 per one million thermal units, the Minister of Electricity and Renewable Energy, Mohamed Shaker, stated.

Gas-Market Regulations to be Issued in February

The government will publish its executive regulations for the new gas-market law in February.

El Molla: Women Central to Modernization Program

Women make up 40% of the workforce in the government’s modernization program in the oil and gas sector.

EGPC to Acquire Maersk’s Stake in EDC

The Egyptian General Petroleum Corporation (EGPC) will purchase Maersk Drilling Company's 50% stake in the Egyptian Drilling Company (EDC) for $100 million.

Egypt to Produce 42% of its Electricity from Renewables by 2025

Egypt will produce 42% of its electricity from renewable resources by 2025, the Minister of Electricity and Mineral Resources, Mohamed Shaker.

Shell Renegotiating Burullus Contract

Royal Dutch Shell is renegotiating its agreement with the Egyptian government for its development of the Burullus field.

Egypt to Allow IOCs to Export Gas in Five Years

Egypt will allow the international oil companies (IOCs) operating in Egypt to export surplus natural gas in five years.

Rotterdam & Singapore Inspire Energy Ambitions

Egypt’s plan to become a regional energy hub was inspired by the successes of the Singapore and Rotterdam.

Page 299 of 460

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