General Electric said in a statement on Friday it had delivered 34 gas turbines to Egypt out of a planned 46 turbines total as part of a project to provide 2.6 gigawatts of power to the grid by May 2015.
Egypt signed two oil and gas deals worth a total of $17 billion Saturday on the sidelines of the economic conference, and another $4 billion deal is scheduled to be signed Sunday.
British oil company BP (BP.L) finalised on Saturday a $12 billion deal with Egypt to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates in the West Nile Delta.
The Egyptian Natural Gas Holding Company (EGAS) signed a Memorandum of Understanding (MoU) with Cyprus Hydrocarbons Company (CHC) in the fields of petroleum and natural gas.
Dana Gas will invest $350 million (Dh1.28 billion) in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the company’s chief executive said on Saturday.
Europe's gas storage operators are discussing plans to develop a common European storage mechanism to see off potential threats to the bloc's gas supplies, the head of Italian gas grid company Snam told Reuters on Tu ...
Press Release, In light of the petroleum sector’s policy of speedy execution of new natural gas field development projects and linking them to production to meet the growing needs for domestic consumption, the fourth ...
Iran says its natural gas production has increased by nearly 20% in the current calendar year (starting March 20, 2014) compared to the same period last year.
PRESS RELEASE, BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6t ...