Israel signed a $10n deal with Jordan's National Electric Power Company in order to supply with 1.6tcf of gas from Leviathan natural gas field for 15 years.
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 phas ...
General Electric (GE) plans to invest $340m in the Egyptian market this year, $200m of which will be directed to establish a multi-modal manufacturing and training facility in Suez, GE President and CEO for North Eas ...
Egypt will offer an international tender for new oil and gas exploration blocks in the Mediterranean and Nile Delta, according to EGAS head Khaled Abdel Badie.