Egypt | Egypt Oil & Gas - Part 393

Egypt to Review Pre-Devaulation State Deals

The Egyptian Cabinet approved a governmental commission to review tenders and contracts between the government on one hand and companies and factories on the other hand that were prior to EGP devaluation.

Egypt, Saudi Arabia Talked Mineral Cooperation

Egyptian Minister of Petroleum, Tarek El Molla, met with Saudi Minister of Energy, Industry and Mineral Resources, Khaled Al Falih, to discussed minerals investments and bilateral cooperation in the field of mining.

Egypt to Build Nuclear Plant in Matrouh

Egypt's Nuclear Power Plants Authority (NPAA) and global consultants WorleyParsons are resuming feasibility and technical studies for establishing a nuclear power plant at Marsa Matrouh.

Western Desert Showed Significant Oil, Gas Capacity

Tests results of the new discovery well BTE - 2 at Badr El-Din Petroleum's (Bapetco) Alam El Shawish concession showed a production capacity of 20mcf/d of gas and preliminary estimated reserves of 500bcf.

Shell Leads the Lubricants Market

The tenth year in a row, Shell Lubricants Company was named the No. 1 global lubricants supplier.

Nubian, Wadi Degla Withdrew from FiT Program

Nubian and Wadi Degla decided to withdraw from the energy purchasing Feed-in Tariff (FiT) program

Parliament to Review New Gas Law

The Legislations Department at Egypt's State's Council will submit a draft for the new gas distribution law along with a draft for the tenders and bidding law to the Egyptian Parliament early December.

Egypt Linked Sadat City to Gas Network

Sadat City Development Authority has started installing pipelines in order to pump gas to Ebni Beitak midrange residential project.

Egypt to Launch Oil Tender

The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products and makeup for halted Saudi Aramco shipments.

Apache to Invest $909m in Egypt

US Apache will invest $908.9m in drilling 97 new wells in Egypt's Western Desert during fiscal year 2016/2017.

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