Egypt | Egypt Oil & Gas - Part 429
Press Release: Egyptian Ministry of Petroleum
The Minister of Petroleum and Mineral Resources, Sherif Ismail, announced that the launching of the new Suez Canal project is a message of hope to the Egyptian people and a gift to the world.
EGPC: New Petroleum Projects Exceeding EGP2.6 Bn
EGPC sources revealed to Al-Mal newspaper that six new investment projects were now on the table to develop a network for transporting petroleum derivatives and fuel all over the country at an expected cost of more t ...
Magapetco Plans Investments for its Hurghada Concession
Chairman Magawish Petroleum Company (Magapetco), Hamdi Hanafi, affirmed that his company’s investment plan for the 2015/2016 fiscal year includes pumping investments of over EGP 70m into its Hurghada concession area.
Egypt Raised Electricity Prices on High Usage Households
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.
Contractor Awarded $500m by BP and DEA for North Alexandria
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.
EGAS to Provide More Gas for Power Generation
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 Issues Regulations Governing Private Sector Importation of LNG
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 ...
Studies for Importing Cypriot Gas Completed
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.
