gas | Egypt Oil & Gas

EGAS, Chevron Set September Deadline on Aphrodite Gas Deal

Egypt and Cyprus are moving closer to finalising the technical and commercial agreements to connect Cyprus’s Aphrodite offshore natural gas field to Egypt's infrastructure. The project aims to transport the field’ ...

Saudi Arabia Faces Summer Power Crunch

Saudi Arabia to increase its reliance on imported fuel oil for power generation this summer, following a loss of natural gas supplies from oilfields shut down after the Iran war curtailed its oil exports, Analysts ...

Egypt, Eni Discuss Plans to Boost Gas Production

Minister of Petroleum and Mineral Resources, Karim Badawi, met with a high-level delegation from Italy’s energy giant Eni to review the company’s operations in Egypt and discuss plans to drill new natural gas well ...

Eni Discovers Up to 1 Tcf of Natural Gas Offshore Indonesia

Eni has confirmed a significant natural gas discovery at the Konta-1 exploration well in the Muara Bakau Production Sharing Contract (PSC), located approximately 50 kilometers offshore East Kalimantan in Indonesia ...

Egypt-Cyprus Talks Advance Plans for Cronos and Aphrodite Gas Fields

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy George Papanastasiou, where they discussed cooperation to develop Cypriot gas fields.

Madbouly Reviews Oil, Gas Investment Opportunities with Petroleum, Finance Ministers

Prime Minister Mostafa Madbouly has held a meeting with the Minister of Petroleum and Mineral Resources Karim Badawi in the presence of Minister of Finance Ahmed Kouchouk.

Egypt, Copelouzos Group Explore Potential Oil, Gas Cooperation

Minister of Petroleum and Mineral Resources Karim Badawi has met with Dimitrios Copelouzos, Chairman of the Greek Copelouzos Group, and Ioannis Karydas, CEO of the Group for Renewable Energy, Energy Storage and In ...

Prime Minister Madbouly Reports Progress on Settling Foreign Company Arrears

In a recent press conference, Prime Minister Mostafa Madbouly stated that between 20% to 25% of the value of arrears due to foreign companies have already been paid, depending on each company’s arrears.

Cabinet Approves 5 Oil, Gas Draft Agreements

During its first meeting, the Egyptian Cabinet approved, in principle, five projects for petroleum commitment agreements for the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporat ...

Egypt Highlights Africa’s Energy Potential at WEIF 2024 in Bahrain

President of the General Federation of Egyptian Chambers of Commerce Ahmed El Wakil has stated that it is time for the African nations to focus on our intra-trade and joint investments, especially with its oil and ...

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