Egypt's Oil Minister, Tarek El Molla, said that the country will increase its natural gas production to between 5.5 and 6bcf/d by the end of 2019. Egypt currently produces 3.9bcf/d of natural gas.
SDX Energy, an international oil & gas exploration and production company with assets in Egypt and Cameroon, brings a new oil production well at the North West Gemsa concession of Egypt's Eastern Desert in operation.
Jordan signed multiple agreements with Algeria, Egypt, Palestine on energy investment and mineral resources exploration on hope of boosting co-operation in the growing sectors.
Israel and Egypt are close to a compromise that would sweep away a major obstacle to a multibillion-dollar natural gas deal for export of Israeli offshore gas to Egypt.
Russia will loan Egypt $25b to finance building and operating a nuclear power plant in the country. Egypt's President, Abdel Fattah Al Sisi approved the loan, which would be paid off over 35 years.
Shell and British Gas (BG) have reached an agreement with the Egyptian Petroleum Ministry to obtain $400m of their financial dues by the end of June, in exchange for renting a driller and resuming work in the 9B phas ...
The Egyptian Natural Gas Holding Company (EGAS) plans to rent a gasification ship located in Jordan with a capacity of 500mcf/d of gas and to host it in a private port controlled by SUMED in Ain Sokhna in 2017.
Circle Oil plc, the international oil and gas exploration, development, and production company announced that the 2016 infill drilling campaign on the North West Gemsa field in Egypt has been completed.
Egypt's President, Abdel Fattah El Sisi, asserted that nuclear energy plays a vital strategic role for the country in terms of increasing its power generation capacity necessary for accomplishing social and economic ...
Italian oil and gas giant ENI plans to develop 420MW of renewable energy projects, predominantly solar PV, close to its existing industrial gas plants across Italy, Egypt and Pakistan.