Egypt | Egypt Oil & Gas - Part 426

Eni’s Gas Discovery May Be Double Initial Estimates

Sources at EGAS told Egypt Oil & Gas (EOG) that according to the seismic data of Eni's massive Zouhr discovery, the potential reservoir is estimated at 60 TCF, rather than 30 TCF. Accurate estimates of the full res ...

Update-2: EGAS to Gain 60% Share of Eni’s New Gas Find in Egypt

EGAS Chairman Khaled Abdel Badie told Daily News Egypt that the agreement with Italy’s Eni will see Egypt’s share of gas production from the Shorouk franchise increase to over 60%. this will occur after the foreign p ...

Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater ...

Egypt to Sign Dabaa Nuclear Station Agreement Next Week

Minister of Electricity and Renewable Energy Mohamed Shaker announced that the ministry is currently holding negotiations with Russian experts to complete the remaining aspects of the establishment of Dabaa nuclear s ...

Eni Announces Gas Discovery, Largest Ever for Egypt or Mediterranean

The Italian energy giant Eni announced a massive new natural gas discovery on Sunday,

PetroSafe Cleans Oil Spill in Nile

Petroleum Safety and Environmental Services Company (PETROSAFE) has cleaned-up the oil spill occurred Friday from a power plant in the Nile of Assiut, chairman Magdy Fahmy stated Saturday. The company has sent a figh ...

Egypt’s Sisi Meets with Eni’s CEO

President Abdul Fattah al Sisi met with Eni's CEO Claudio Descalzi.

Rosneft to Supply Egypt with Natural Gas

Petroleum Minister Sherif Ismail has inked an agreement with Russian company Roseneft to supply amounts of LNG to Egypt for the upcoming two years, reported All Africa.

Falling Brent Prices Push IOCs to Cut Production in Egypt

The Ministry of Petroleum announced the stabilization of crude oil production at 695,000 b/d during the current fiscal year in the context of foreign partners continuing to reduce their exploration investments.

Egypt Cancels Tender for Prepaid Smart Electricity Meters

The Ministry of Electricity announced the cancellation of a tender for supplying 50,000 smart electricity meters that were needed for the South Cairo Electricity Distribution Company.

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