Egypt | Egypt Oil & Gas - Part 430

Egypt to Launch $3bn Tender to Import LNG

Egypt is set to launch what will be a highly sought after tender in early June to buy up to $3bn of liquefied natural gas (LNG) over 2016 and 2017, senior state officials and trade sources said.

Egypt’s $7.5 Bn PetroChem Project Attracting International Banks

Egyptian Investment Minister Ashraf Salman has discussed Wednesday plans to carry out petrochemicals project in Egypt with the representatives of the U.S. Export-Import Bank, Export-Import Bank of Korea (Korea Eximbank).

Petroleum Ministry: No Truth to Rumors of Fuel Price Increase

The Ministry of Petroleum and Mineral Resources denied that it currently had any intention to increase prices of petroleum products.

Sinai and Eastern Desert Tenders Awaiting Security Clearance

The Egyptian Mineral Resources Authority (EMRA) is waiting for a security approval to begin a bidding round for exploration tenders for multiple locations and many different kinds of metals in the Eastern Desert and ...

Adnoc’s Contract to Supply Egypt with Petroleum Products Ends June

In statements made to Al-Bourse, EGPC Head Tariq Al-Mulla announced that EGPC's contract with UAE company Adnoc expires in June, adding that there were no new negotiations with Adnoc to renew the contract.

DEA Reduces Stake in Egypt’s West Nile Delta Concession; Sells to BP

DEA Deutsche Erdoel has equalized its working interest and farmed down its stake in the West Nile Delta (WND) project in Egypt to its joint venture partner and operator BP in order to better balance its portfolio.

State-Owned Gas Company Loses EGP 17.3m

Government-owned natural gas projects company Egypt Gas has registered EGP 17.3m losses in the first quarter (Q1) of 2015, compared to EGP 73.1m recorded profits in Q4 2014, the company announced on Sunday.

Press Release: Egypt’s Oil Sector Gathers to Discuss Production Optimization

Egypt Oil & Gas is pleased to announce the largest oil and gas event of the year, the Production Optimization Convention—hosted from May 10 through May 13. The purpose of the four-day convention is to bring together ...

Press Release Update-1: Egypt Oil & Gas Hosts Roundtable for Industry Leaders

Egypt Oil & Gas hosted on Monday 7th of May a Production Optimization Roundtable—A premier event allowing leaders in the oil and gas industry to connect and collaborate on the issue of optimizing production. This eve ...

Update-1: Dana Gas to Develop 20 New Wells

Dana Gas is committed to develop 20 new wells and work-over 17 existing wells in Egypt, in the framework of a $350 million work program, per the Gas Production Enhancement Agreement (GPEA), according to Dana Gas pres ...

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