IOCs | Egypt Oil & Gas - Part 3
El Molla, Lind Discuss Cooperation Ways in Oil, Gas
The Minister of Petroleum and Mineral Resources, Tarek El Molla, met the Norwegian Ambassador to Egypt, Lene Natasha Lind, to discuss possible cooperation in the oil and gas sector, according to a press release. El Mo...
Algeria’s Oil, Gas Exports Fall by 12.52%
Algeria’s oil and gas exports dropped by 12.52% in the first nine months of 2019, according to Zawya. Exports reached $25.28 billion in October 2019, down from $28.89 in 2018. This came after a 2% drop in output...
Algeria Approves New Energy Law
Algeria’s house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs), Zawya reported. The new law’s legislation still needs approval by t...
South Sudan to Offer 14 Oil Blocks by Q1 2020
South Sudan aims to put 14 oil blocks to be explored by companies in a bid round in Q1 2020, the country’s oil minister, Awow Daniel Chuang, said, Reuters reported. “Within the next two months, we should be able...
MOC 2019 Announces Abstract Winners
As the Mediterranean Offshore Conference and Exhibition (MOC 2019) comprised a number of abstracts and presentations from international oil companies (IOCs), Osama El Bakly, Chairman of Egyptian Natural Gas Holding Co...
Al Manar Group Increases Production with 40%
Al Manar Group aims to increase its annual growth rate from 35%-40% by the end of Q4 of 2019, according to Ahmed Nawara, Al Manar Group CEO, Amwal Al Ghad reported. Nawara added that the group’s growth plan depends on...
Petroleum Sector Blood Donation Campaign Sees Huge Turnout
The Egyptian petroleum sector’s first nationwide blood donation campaign has witnessed remarkable participation, with 4,426 donors lining up in 78 company premises and 13 fields across nine governorates, which could h...
Enap Sipetrol to Execute an Organizational Restructure
Enap Sipetrol is a Chilean state oil company which has been investing in Egypt since 1998 and currently has operations in the Western Desert in East Ras Qattara concession. At the beginning of 2019, after the new gove...
