Aramco’s Jafurah Shale Gas Project Begins Production at 450 mmcf/d

• Wednesday, 3rd December 2025
• by Fatma Ahmed

Saudi Aramco’s Jafurah shale gas project has commenced production at 450 million standard cubic feet per day (mmscf/d), marking the completion of the project’s first phase, Saudi Arabia’s Finance Min...

Finance Ministry Announces Petroleum Services Subject to VAT

• Wednesday, 10th January 2018
• by Sarah Samir

Egypt’s Ministry of Finance has announced a list of 20 products and services related to oil and gas exploration and production (E&P) and export activities to be subject to the value added tariff (VAT) as they will...

Finance Ministry Increases Cash Allocation to Oil Ministry

• Monday, 13th February 2017
• by Sarah Samir

In a statement to Egypt Oil&Gas, the Egyptian General Petroleum Corporation (EGPC)’s CEO, Tarek El Hadidy, said that the Finance Ministry increased its allocations for the Ministry of Petroleum and Mineral R...

Egypt Drafted PPA for FiT Phase II

• Wednesday, 2nd November 2016
• by Sarah Samir

Sources with the New and Renewable Energy Authority (NREA) stated that NREA along with the Egyptian Ministry of Finance completed drafting the Power Purchasing Agreement (PPA) for phase II of the energy purchase Feed-...

Approvals for Orascom Solar Project Still Pending

• Tuesday, 26th May 2015
• by Egypt Oil & Gas

The main challenge facing the Orascom Telecom Company, Media and Technology’s solar energy project is the coordination between the ministries of Finance and Electricity and the Central Bank of Egypt (CBE), the company...