Egypt has signed a loan agreement with the EU for $74.5m (EUR 68m) to help finance a number of projects for the delivery of natural gas in Egypt, especially to poorest areas, reports Egypt Oil & Gas.
Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.
Sources at the Egyptian General Petroleum Corporation (EGPC) have informed Egypt Oil & Gas that a new bid round will be announced at the end of December 2015.
Eni has announced in a press release the success of the appraisal well "Nidoco North West 3," in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta.
A group of international investors will appeal against a ruling by an Oslo court regarding Norway's decision to cut natural gas pipeline tariffs for the 8,000-km (5,000-mile) Gassled gas pipeline network
The Egyptian Natural Gas Holding Co. (EGAS) is holding intensive meetings with Italian Eni officials to speed up linking Eni's new discovery Zohr field, in the Shorouk concession to the national gas grid, reported ...
Energean Oil & Gas, an exploration and production company focused on the Mediterranean and North Africa, has appointed Dr. Medhat Tarakhan as Country General Manager in Egypt, reported Oil & Gas Financial Journal.