gas | Egypt Oil & Gas - Part 46

Petroleum Sector Imports Projected at $16m for Current Fiscal Year

Egypt expects to import 28.6 million tons of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16, the planning ministry said.

Contractor Awarded $500m by BP and DEA for North Alexandria

Subsea 7 S.A. today announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt.

New Licenses Issued for North Sea Operators

A total of 41 new licences have been awarded for oil and gas operations in the North Sea.

EGAS Issues Regulations Governing Private Sector Importation of LNG

EGAS issued its directives governing the private sector importation of liquefied gas, which include providing data on the importer (the applicant), the source of imported gas, potential gas consumers and technical sp ...

EGAS Finalizes Evaluation of Bids for 2nd FSRU

The Egyptian Natural Gas Holding Company (EGAS) has completed the technical and financial evaluation of the offers from companies applying for the tender to supply the second gasification ship. The committee settled ...

Studies for Importing Cypriot Gas Completed

Enppi has completed the technical and financial studies for the import of gas from Cyprus, the results are currently under review by EGAS to begin extending the maritime pipeline to Cyprus for imports to commence.

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.

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