Egypt | Egypt Oil & Gas - Part 415

Schlumberger Wins $170m Zohr Development Contract

The world’s largest oilfield services company, Schlumberger Limited, has declared that its subsidiary, OneSubsea, has won a $170m contract from Egypt’s Petrobel, to help with the development of Egypt’s Zohr offshore ...

Egypt, Jordan Discussed Energy Projects

Egypt’s Minister of Petroleum, Tarek El Molla, and Jordan’s Energy and Mineral Resources Minister, Ibrahim Saif, discussed the mechanism of implementing energy and natural gas cooperation protocols between the two Ar ...

BP, EGAS Sanction Atoll Field Development

BP has announced that along with its regional partner, the Egyptian Natural Gas Holding Co. (EGAS), it has sanctioned a fast-track scheme to develop the Atoll gas field Phase 1 project in Egypt.

EGAS to Import 120 LNG Cargoes in 2017

The Egyptian Natural Gas Holding company (EGAS) has stated that Egypt will aim to import between 110 and 120 cargoes of LNG in 2017.

EFG Hermes Closes $618m European Wind Farm Deal

Egypt’s leading investment bank, EFG Hermes, has announced that its renewable energy platform, Vortex, has acquired a 49% stakes in an operational 664 MW portfolio of 23 wind farms in Europe, from the Madrid-based, E ...

Egypt Ships its Second LNG Cargo Heading to Japan

Egypt, the country which was a net LNG exporter from 2005 until 2014 and then turned into one of the world’s newest major LNG importers due to its economic instability, is now back at exporting the fuel again.

Shell’s Gas Production in Egypt Increases

Royal Dutch Shell’s natural gas production from Egypt’s Burullus and Rosetta concessions has increased to 686 mcf/d from 640 mcf/d in late 2015.

EGPC to Pay Eni in EGP

EGPC has reached an agreement with Eni to pay the Rome-based multinational oil and gas company its $650m receivables in the Egyptian pounds.

EETC to Tender Egyptian-Saudi Electricity Project

The Egyptian-Saudi electricity linkage project lines and cables are set to be tendered towards the end of June by the Egyptian Electricity Transmission Company (EETC) and the Saudi Electricity Company.

Shell, Apache to Complete Apollonia Field Tests by June

Royal Dutch Shell will partner up with the American corporation Apache in the Apollonia field in the Western Desert to complete the initial tests required for gas production by end June.

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