Mediterranean | Egypt Oil & Gas - Part 4
Egypt, Cyprus Explore Opportunities for Cooperation
Egyptian and Cypriot officials met to discuss hydrocarbon cooperation, Egypt Oil & Gas reports. The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the Executive Manager of Cyprus Hy...
IOCs to Step up Investments in Egypt
At Egypt Petroleum Show (EGYPS 2017), major international oil companies (IOCs) said they plan to step up their investments in Egypt, expecting to find more oil and gas now that Eni’s giant Zohr gas discovery has...
Egypt and Russia to Sign Nuclear Agreement
The Russian Ambassador to Cairo, Sergey Kirpichenko said that Russia and Egypt will sign main contracts for construction of Dabaa Nuclear Power Plant (NPP) in 2017, Tass reported. “Negotiations on construction o...
Egypt Paid $650m to Eni
The Assistant Sub Governor for Foreign Reserves at The Central Bank of Egypt (CBE), Rami Aboul Naga, said that Egypt paid $630m in financial obligations to Italian oil and gas company Eni in January to develop the gia...
Israel to Supply Jordan with $10b of Gas
An Israeli consortium signed a $10b deal with Jordan’s National Electric Power Company in order to supply 1.6tcf of gas from Leviathan natural gas field for 15 years, reported Reuters. The Leviathan consortium i...
Iran to Boost Cleaner Diesel Exports
National Iranian Oil Company (NIOC) aims to increase export volumes of cleaner diesel by 2017, as Tehran upgrades its refineries, Reuters reported. Diesel exports from NIOC containing 500 parts-per-million (ppm) of su...
Egypt to Settle $400m Dues to Shell, BG
Shell and British Gas (BG) have reached an agreement with the Egyptian Petroleum Ministry to obtain $400m of their financial dues by the end of June, in exchange for renting a driller and resuming work in the 9B phase... ENI Granted Land to Build Gas Processing Plant
Italian energy giant Eni received 400 feddans of land in Port Said governorate to establish a plant for processing natural gas of Zohr field, Zawya reported. According to Oil&Gas Journal, Eni is to build two natur...
