Egypt | Egypt Oil & Gas - Part 455

Egypt to Reach LNG Agreement with Gazprom This Month

Egypt and Russia's Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters.

Access Pre-qualifies to Develop Wind and Solar Power Plants

Access Infra Africa ('Access'), a wholly owned subsidiary of Access Power MEA, and its consortium partner Eren, a leading global investor in power projects, have been pre-qualified by Egypt's Ministry of Electricity ...

Kuwait Energy Completes Testing Al Jahraa-3

Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash ā€œCā€ member oil producer.

Transport Ministry and Suez Canal Authority Refuse to allocate Port Said Pier for LNG Boat

A senior Ministry of Petroleum official said the Ministry of Transportation and Suez Canal Authority refused to allocate a pier at Port Said to receive a second regasification boat. The boat would allow shipments of ...

Egypt Signs Six New Exploration Agreements

The Petroleum Ministry said that it signed oil and gas exploration agreements in the Western Desert and Gulf of Suez.

Electricity Sector’s Debts Repayment to Petroleum Ministry Scheduled

Egypt's Petroleum and Electricity Ministries have reached an agreement to reschedule debts owed to the Ministry of Petroleum by the electricity sector in the upcoming months. The debts have reached EGP 44 billion.

BG Group receives $350 mln payment from Egypt

Britain's BG Group said on Friday it had received a $350 million payment from the Egyptian government following the country's decision to repay outstanding debts to the energy industry.

PGNIG Withdrawing from Egypt Investment

PGNIG recently decided to withdraw from its oil and gas exploration project in Egypt amid geopolitical risks, reported Reuters.

BG Sees Production Falling as Egyptian Gas Curbs Cut Profit

BG Group Plc, the second U.K. oil and gas producer to issue a profit warning this month, said output will drop this year as political turmoil cuts exports from Egypt and other projects are delayed. The shares plunged.

Dragon lands Egypt offshore block

Dragon Oil plc, an international oil and gas exploration, development and production company, is pleased to announce that we have been notified by Ganoub El Wadi Holding Petroleum Company (Ganope).

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