Egypt | Egypt Oil & Gas - Part 414

Electricity Sector’s Debts Repayment to Petroleum Ministry Scheduled

Egypt's Petroleum and Electricity Ministries have reached an agreement to reschedule debts owed to the Ministry of Petroleum by the electricity sector in the upcoming months. The debts have reached EGP 44 billion.

BG Group receives $350 mln payment from Egypt

Britain's BG Group said on Friday it had received a $350 million payment from the Egyptian government following the country's decision to repay outstanding debts to the energy industry.

PGNIG Withdrawing from Egypt Investment

PGNIG recently decided to withdraw from its oil and gas exploration project in Egypt amid geopolitical risks, reported Reuters.

BG Sees Production Falling as Egyptian Gas Curbs Cut Profit

BG Group Plc, the second U.K. oil and gas producer to issue a profit warning this month, said output will drop this year as political turmoil cuts exports from Egypt and other projects are delayed. The shares plunged.

Dragon lands Egypt offshore block

Dragon Oil plc, an international oil and gas exploration, development and production company, is pleased to announce that we have been notified by Ganoub El Wadi Holding Petroleum Company (Ganope).

BG Says Tunisia More Reliable Than Egypt to Gas Producers

Tunisia is proving a more reliable place to produce natural gas than Egypt as the smallest nation on the North African coast pays its fuel bills on time, a BG Group Plc (BG) executive said.

TransGlobe Energy Corporation Announces New Concessions Ratified in Egypt

TransGlobe Energy Corporation is pleased to announce the ratification of four new Production Sharing Concessions in Egypt.

New gas discovery in North Damietta

BP Egypt announced on Saturday a significant gas discovery in Salamat well which is the first well in the North Damietta Offshore Concession granted in February 2010 and operated by BP.

Dana Gas Egypt Production reaches 200 million scfd

Dana Gas, the Middle East's leading regional private sector natural gas Company, announces that it has achieved gas production level in Egypt of 200 million standard cubic feet per day, the highest level for the comp ...

Dana Gas Continues Operations in Egypt

Dana Gas announced that they plan to continue operations as well as investment in Egypt, despite challenges.

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