investments | Egypt Oil & Gas - Part 22

El Molla Highlights O&G Achievements During BEBA Webinar

The Minister of Petroleum and Mineral Resources, Tarek El Molla, shared the petroleum sector’s achievements  and challenges in the past period stating that “the oil and gas sector has been moving forward with all ...

GPC Invests EGP 195 MM for FY 2019/20 Discoveries

The General Petroleum Company (GPC) allocated EGP 195 million for the discoveries made during the fiscal year (FY) 2019/20, Nabil Abdel Sadek, Executive Chairman of the Board of Directors, stated

Aton Closes First Tranch of Private Placement at $160,000 

Aton Resources has closed the first tranche of $160,000 from its previously announced non-brokered private placement by Mining and Manufacturing Company (MEDAF).

El Molla: EUG to Transform Egypt’s E&P Investments  

The Minister of Petroleum and Mineral Resources, Tarek El Molla, referred to the Egypt Upstream Gateway (EUG) and how it will reflect positively on the exploration and production (E&P) investments in Egypt.

Aton to Drill Abu Gaharish Concession in 2021

Aton Resources has announced that drilling for Abu Gaharish concession by January 2021.

Naftogaz’s Investments Surpass $535 MM in Egypt

Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, stated.

The Cabinet Approves EMGF Charter

The Cabinet approved President Abdel Fattah Al-Sisi’s draft on the East Mediterranean Gas Forum (EMGF) Charter.

El Molla Highlights Egypt’s E&P Agreements in CERAWeek

Tarek El Molla, Minister of Petroleum and Mineral Resources, highlighted securing 12 exploration and production (E&P) agreements with working international oil companies (IOCs) in Egypt and newly-enrolled companie ...

GPC Allocates EGP150 Million for “North West” Pipeline Project

General petroleum Company (GPC) stated that it allocated  EGP150 million for implementing 8-inches pipeline project to exploit the produced gases from “North West” field in the Eastern desert.

Egypt’s Natural Gas Production Capacity Reaches 7.2 bcf/d 

Egypt's natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natura ...

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