investment | Egypt Oil & Gas

Shell Further Develops Bonga North Deep-Water Project Offshore Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), has reached a final investment decision (FID) on the Bonga North deep-water project, located in OML 118 offshore Nigeria. The project, which will ...

KUFPEC Eyes More Oil, Gas Projects in Indonesia’s Natuna Sea

Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia's Natuna Sea, according to Reuters.

Petrobras, Ecopetrol Confirm Colombia’s Largest Gas Discovery

Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia's history in the Sirius-2 well, which holds over 6 trillion cubic feet (tcf) of gas.

TotalEnergies, bp, Equinor, Shell Commit $500M to Enhance Global Energy Access

Oil and gas giants TotalEnergies, bp, Equinor, and Shell have pledged $500 million to improve access to affordable energy, with a primary focus on sub-Saharan Africa and south and southeast Asia.

Egypt Fostering Cooperation in Carbon Emission Reduction at ADIPEC 2024

Minister of Petroleum and Mineral Resources Karim Badawi and First Undersecretary of the Ministry of Petroleum and Mineral Resources and Supervisor of Energy Efficiency and Climate Alaa El Batal held several meeti ...

EGPC Chairman, Dragon Oil CEO Hold Talks on Expanding Activities in Egypt

Egyptian General Petroleum Corporation's (EGPC) Chairman Salah Abdel Karim met with Dragon Oil's CEO Ali Rashid Al-Jarwan along with other executives with aim to expand the company activities in Egypt.

ExxonMobil Eyes Expansion in Egypt as Minister Badawi Highlights New Incentive Package

Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with John Ardill, Vice President of Global Exploration at ExxonMobil.

Badawi Discusses Future Oil and Gas Investment with World Bank Delegation

Minister of Petroleum and Mineral Resources Karim Badawi has announced that the oil and gas sector is working on preparing new investment opportunities and that the discussions being held on these opportunities co ...

Irans Oil Production Capacity Records Increase of 4% Since Two Years

The Iranian Minister of Oil, Javad Owji, stated that the country’s oil production capacity has increase by 40% since two years.

Iranian Oil Output to Increase 10,000 bbl/d After Installing Two New Platforms

The Managing Director of the Iranian Offshore Oil Company (IOOC) Alireza Mehdizadeh said that the company will install A20 and A21 platforms to Abouzar Field which will add nearly 10,000 barrels per day (bbl/d) to ...

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