Egypt Opens New Butane Warehouses
In preparation of higher butane consumption during the winter months, Egypt has taken steps to bolster its distribution capabilities.
Egypt | Egypt Oil & Gas - Part 307
Egypt, Cyprus Explore Opportunities for Cooperation
Egyptian and Cypriot officials met to discuss hydrocarbon cooperation
EGPC, Trident Petroleum Ink $2.4M E&P Deal
The Egyptian General Petroleum Corporation (EGPC) signed a $2.4 million exploration and production (E&P) agreement with Trident Petroleum Company for the drilling of four new wells in Magawish Block in the Gulf of ...
PetroTrade Seeks EGP 2.5B Loan
PetroTrade is in talks for an EGP 2.5 billion loan.
Bonatti Group Wins Onshore-Service Contract for Zohr
The Bonatti Group won a contract for electrical and developmental work at the Zohr natural gas field.
Consideration of Bids for Egypt-Saudi Interconnection Project Postponed
Saudi Arabia and Egypt agreed to postpone the consideration of bids on electricity lines and transmitters for the Egypt-Saudi Arabia Interconnection Project until January.
Atoll Field Still on Track for Production in 2017
The BP-operated Atoll natural gas field remains on track to begin production in 2017.
Total Acquires 5% Stake in Idku LNG Project
Total announced that it purchased a 5% stake in the first train of the LNG project in Idku
EBRD Predicts 4.5% GDP Growth
The European Bank for Reconstruction and Development (EBRD) predicts that Egypt’s economy will grow at 4.5% in fiscal year (FY) 2017/2018.
Liquid Bulk Terminal to Receive $500M in Financing
Sonker Bunkering Company and DP World finalized $500 million in financing for a liquid bulk terminal at Ain Sokhna.
