Egypt raised electricity prices on Thursday for mid-to-high household usage by an average of 19 percent for the 2015-2016 fiscal year, the electricity ministry said.
Subsea 7 S.A. today announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt.
Various areas have witnessed power outages over the last few days, despite the 1,200 MW surplus in electricity production, and the pumping of approximately 133m cubic metres of gas and oil equivalent daily by the Egy ...
EGAS issued its directives governing the private sector importation of liquefied gas, which include providing data on the importer (the applicant), the source of imported gas, potential gas consumers and technical sp ...
Enppi has completed the technical and financial studies for the import of gas from Cyprus, the results are currently under review by EGAS to begin extending the maritime pipeline to Cyprus for imports to commence.
Egyptian investment company Qalaa Holdings and Italian gas company Edison signed a Joint Development Agreement on Thursday to build a 180 MW power plant in Egypt.
Egypt announced three new petroleum discoveries in Gulf of Suez, Eastern and Western desert with total reserves of 21.2 million barrels of oil and 11 billion cubic feet of gas.
BG Egypt, a subsidiary of BG Group and one of Egypt's largest natural gas producers, has appointed Khaled Kacem as its president, the company said in a statement on Sunday.
Nine petroleum agreements of about $2.2 billion will be finalized soon, according to a Ministry of Petroleum. The nine agreements include an agreement with the Tunisian HBS international oil company with investments ...