Zohr Total Investments Reach $10.6 B
Zohr field’s total investments reached $10.6 billion, of which $3 billion were injected in fiscal year (FY) 2018/2019 after the field reached a production level of 2.7 billion cubic feet per day (bcf/d).
oil and gas | Egypt Oil & Gas - Part 14
Energean Acquires Edison for $750 MM
Edison exploration and production (E&P)’s portfolio of assets includes producing in in the growing eastern Mediterranean gas hub, with a significant presence in Egypt’s offshore basin.
Petrobel Introduces New HSE Fire Truck
The achievement was announced in order to fulfill the Ministry of Petroleum’s vision regarding enhancing the health, safety and environment (HSE) and preventing any accidents during the oil and gas manufacturing p ...
Egypt To Achieve Fuel Self-Sufficiency in 4 Years
The Ministry of Petroleum and Mineral Resources aims to achieve self-sufficiency of fuel and petroleum products, in conjunction with the completion of new expansions of Egyptian refineries by fiscal year (FY) 2023 ...
Ministry of Petroleum to Build $8.5 B Petrochemicals Complex
The Ministry of Petroleum and Mineral Resources is studying the construction of a new refinery and petrochemicals complex in the Al-Alamein region with investments of about $8.5 billion.
Egypt’s Oil, Gas Production Hits Record Level at 1.9 M boe/d
Minister of Petroleum Tarek El Molla announced that the Egyptian petroleum sector has recorded its highest ever production rate at 1.9 million barrel of oil equivalent per day (boe/d) of oil, gas, and condensates. ...
Phosphate Ore to be Explored in Abu Tartur
Minister of Petroleum and Mineral Resources Tarek El Molla has signed an agreement with the Egyptian Mineral Resources Authority (EMRA) and Phosphate Misr Company to ensure the exploration of phosphate ore.
El Molla, Perry Discuss US Investments in Egypt
El Molla and his American counterpart talked about ways of boosting cooperation in the oil and gas sector between Egypt and the US, and possibilities of increasing American petroleum companies' investments to prov ...
Egypt, US to Boost Oil, Gas Cooperation
Egyptian Minister of Petroleum Tarek El Molla met with Francis Fannon, Assistant Secretary for the Bureau of Energy Resources (ENR) at the U.S Department of State, to discuss cooperation in the oil and natural gas ...
China Reveals $20B Loan Package for MENA Countries
Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to Middle East nations.
