Foreign direct investment (FDI) in Egypt’s oil and gas sector reached $10 billion in fiscal year (FY) 2017/18, Minister of Petroleum Tarek El Molla told Al Ahram newspaper in an interview published on August 24.
Minister of Petroleum Tarek El Molla announced on July 31 that the ministry is planning to increase investment opportunities for oil and gas exploration by offering new tenders for the Red Sea and West Mediterrane ...
Output at the Algerian Alrar gas field near the Libyan border has risen from 16 million cubic meters per day (cm/d) to 24.7 cm/d - a 54.4% increase - after the field was extended.
The oil ministry has started the project that aims to connect more houses to the national gas grid.
SDX Energy has reported a new gas discovery made at its SD-4X well in the South Disouq concession in Egypt.
The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule.
TGS has finished collecting data from a 10,000-km 2D seismic survey in Egypt’s Red Sea.
Egyptian Minister of Petroleum Tarek El Molla has met with Canadian Ambassador to Egypt Jess Dutton to discuss increasing cooperation in the fields of oil, natural gas, petrochemicals and mineral resources.
Egypt will attract around $10 billion in foreign investments in the oil and gas sector during fiscal year 2018/19.
The daily output from South Pars gas field will rise by 84 million cubic meters (mcm) to 654 million cubic meters per day (mcm/d) by late September 2018.
