gas | Egypt Oil & Gas - Part 46
Petrobel to Increase its Production Levels
Sherif Ismail, Minister of Petroleum and Mineral Resources received a report from Atef Hassan, head of Belayim Oil Company (Petrobel) about the company’s new strategy to maximize the country’s petroleum wealth, in it ...
Ganope to Announce Results of Bidding For Exploration of Oil and Gas in 10 Blocks by Mid-August
Ganope intends to announce, by the middle of next month, the names of foreign companies who won the oil and gas exploration bids for the 10 new blocks issued at the beginning of this year.
Iran to Bring $2.5 Bn Worth of Gas Power to Basra, Iraq
Iran is building a natural gas combined cycle power plant in Iraq’s Basra at a cost of $2.5 billion in the Persian country’s biggest engineering services deal yet.
Sherif Ismail: Egypt Strikes 3 New Gas Discoveries
Egypt announced three new petroleum discoveries in Gulf of Suez, Eastern and Western desert with total reserves of 21.2 million barrels of oil and 11 billion cubic feet of gas.
Algeria Cuts Spending, Energy Revenues Falls
Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.
Deadline for Egypt’s 2nd LNG Tender End of July
The Egyptian Natural Gas Holding Company (EGAS) issued a second international bid for foreign companies to supply 45 liquefied natural gas (LNG) shipments until the end of 2016.
Sherif Ismail Signs Update to Eni Agreement
Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery of gas reserves of up to 15 billion cubic meters in Egypt's Nile Delta region.
Task Forces Says UK Fracking ‘Could Be Safe’ Under Regulation
Fracking could potentially be done safely in the UK under "rigorous regulation", but it is too early to say whether it would be "a good idea", the Task Force on Shale Gas has reported.
