gas | Egypt Oil & Gas - Part 38

Mexico Changes Bid Round Approach

After disappointing results from its last action round, the Mexican government is sprucing up the terms of its new auction for oil and gas blocks off the coast,

EGAS and ENI to Discuss Shorouk Development Plan

Eng Khalid Abd alibda, chairman of the Egyptian Natural Gas Holding Company (EGAS), told Egypt Oil & Gas that there is currently a joint working group between EGAS and the Italy's ENI, to review the development plan ...

2nd FSRU to Reach Egypt in October

Khaled Abdel Badie, Chairman of the The Egyptian Natural Gas Holding Company (EGAS) confirmed that the second floating storage regasification unit (FSRU) will reach the Ain Sokhna port early October, reported Egypt ...

BG Acquires New Stakes in Newfoundland

British-based BG announced their partial acquisition of three exploration blocks off the coast of Newfoundland, CBC

Shell Quits Arctic, Halts Drilling

In a surprise move, Royal Dutch Shell is abandoning its Arctic drilling plans, reported the BBC.

EGAS to Resume Gas Supply to Factories Gradually

EGAS still is refraining from supplying to MOBCO, Misriya 1 and 2, Nasr, Helwan, Alexandria, and APEC fertilizer factories thanks to the continued rising fuel demands of power plants, an EGAS official explained in s ...

Egypt to Connect 1.2m Households to National Gas Grid

Tarek el Molla, Egypt's Petroleum Minister said "The oil sector is to adopt a new strategy to increase natural gas delivery rates to 1.2 million homes across Egypt this fiscal year (2015/2016)," reported Amwal Al Gha ...

Oman Financing Gas and Oil Cooperation with Iran

Iran and Oman have signed an agreement to study an undersea gas pipeline said Alireza Kameli National Iranian Gas Exports Company (NIGEC)

Egypt’s Petroleum Minister: Foreign Partner’s Monthly Oil, Gas Shares Declined by 26%

New Minister of Petroleum and Mineral Resources Tarek El Molla said that the value of foreign partners’ share of oil and gas declined by 26% from $880m in FY 2014/2015 to reach $650m per month during current FY 2015/ ...

Tarek El-Molla to be Egypt’s New Petroleum Minister

Tarek El-Molla has been appointed as the new Minister of Petroleum of Egypt, Egypt Oil & Gas has learned.

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