Apache Corp has tabled its plans to sell or spin-off its businesses in Egypt and the North Sea because those projects generate needed cash in a time of low crude oil prices, the CEO said on Thursday.
Today in Tashkent, LUKOIL and a consortium headed by Hyundai Engineering (South Korea) signed a contract for procurement and construction of the Kandym Gas Processing Plant in Uzbekistan.
Egypt has three major oil and gas deals worth a total of $9.2 billion underway, after attracting investment of about $2.9 billion for oil and gas exploration in just over a year, a spokesman for the energy ministry t ...
Gas production in the next fiscal year (FY) 2015/2016 will not increase, according to a senior official at Egyptian Natural Gas Holding Company (EGAS).
A Noble Energy delegation arrived in Egypt to resume negotiation with state-run Egyptian Natural Gas Holding Company (EGAS) to discuss importing gas from the Aphrodite field in Cyprus.
A delegation from American oil firm Noble Energy is in Egypt for talks with the state gas company about importing Israeli gas to energy-starved Egypt, sources at the airport and the oil ministry said on Sunday.
Dana Gas, the sixth largest gas producer in Egypt, announced on Sunday that its daily production reached 40,000 barrels of oil per day, an 8% increase compared to the previous year.
Egypt’s Petroleum Ministry expects the country’s natural gas production to drop by 3.6% to 4.85 bcf/day in FY 2017/18 from 5.03 bcf/day in FY2014/15, while demand is expected to rise by 24% from 5.98 bcf/day to 7.42 ...