Egypt | Egypt Oil & Gas - Part 423
Israel, Egypt Expected to Compromise on Gas Deal
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 Loans Egypt $25b to Build Nuclear Power
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.
Egypt to Settle $400m Dues to Shell, BG
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 ...
EGAS Mulls Renting Gasification Ship
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 Completed North West Gemsa Drilling
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.
Sisi: Nuclear Power to Boost Energy Generation
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 ...
Italy’s Eni Unveils 420MW Renewables Plan
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.
Egypt’s Gas Production Levels Rose to 300mcf/d
Ministry of Petroleum and Mineral Resources has released a report, which stated that placing four Nidoco exploratory wells on production line in the Abu Madi West license zone, in the Nile Delta, has increased countr ...
