Egypt | Egypt Oil & Gas - Part 449
Solar Energy Firm Terra Sola to Invest $3.5 Billion in Egyptian Projects
Leading solar power project developers are flocking to Egypt’s solar power market, which is set for a massive expansion.
Egyptian Petroleum Ministry Announces Increased Production by Petrobel
Press Release, In light of the petroleum sector’s policy of speedy execution of new natural gas field development projects and linking them to production to meet the growing needs for domestic consumption, the fourth ...
Agreement on Shale Price with Shell Egypt and Apache
Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at $5.45 per million British thermal units (mmBtu), an official at the oil ministry said on Monday.
BP Announces Second Major Natural Gas Discovery in Egypt’s East Mediterranean
PRESS RELEASE, BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6t ...
EGPC Owed EGP195 Billion; mainly by Ministries of Finance, Electricity, and Transport for Oil and Fuel Delivered.
The dues owed to EGPC from government agencies rose to EGP195 billion by the end of the month of January, compared to 170 billion at the end of October 2014.
New Chinese Investments Worth $250 Million for Petroleum Sector
PRESS RELEASE Sherif Ismail, Minister of Petroleum and Mineral Resources, received a delegation from Star Oil & Gas Limited (SOG), the Chinese partners in the International Drilling Material Manufacturing Co. (IDM) ...
$12 Billion for BP Egypt Gas Development Project
British oil company BP expects to invest around $12 billion with its partners as part of a finalised West Nile Delta concession deal to develop five trillion cu ft of gas resources and 55 million barrels of condensates.
Petroleum Ministry: Stabilizing Local Production and Import Programs for Butane
Hamdi Abdel Aziz, the Ministry of Petroleum's official spokesman confirmed the stabilisation of domestic production of butane from refineries and fields of production, in addition to the stabilisation of butane imports.
