petroleum sector | Egypt Oil & Gas - Part 17

ExxonMobil Acquires Offshore Exploration Blocks in Egypt

ExxonMobil announced that it acquired more than 1.7 million acres for exploration offshore operations in Egypt and the operations are scheduled to begin in 2020.

IOCs Share their Know-how during Al Ahram’s Energy Conference

Al Ahram’s Energy Conference shed light on the role of international petroleum and electric companies in Egypt.

Egypt Signs Four E&P Agreements with $155 M

The Ministry of Petroleum and Mineral Resources signed four agreements for oil and natural gas exploration and production (E&P) operations in the Western Desert, Gulf of Suez, and Nile Valley with minimum investme ...

Egypt, China Establish Phosphate Complex with $1 B

The signatures ceremony was attended by the Chinese Ambassador in Egypt, Liao Liqiang, Khaled Al Ghazaly the head of Phosphate Misr company and several number of Egyptian and Chinese officials, in the presence of ...

Russia to Start Drilling Egyptian Offshore Concessions

The state-owned Russian company Zarubezhneft announced that it has joined two offshore blocks in Egypt under a production sharing agreement (PSA).

El Molla Participates in OAPEC Meeting

The Minister of the Petroleum and Mineral Resources, Tarek El Molla participated in the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting, held in Kuwait on Sunday 22 December, to discuss the petr ...

Egypt, Mubadala Petroleum Discuss Investment Opportunities

The Minister of Investment and International Cooperation, Sahar Nasr, met the delegation of the Emirati Mubadala Investment company in Egypt, headed by the Chief executive officer of development of Mubadala Petrol ...

Forbes: Egypt to Be in the Top Ten Global Economies

Standard Chartered Bank expects Egypt to be one among the Top Ten Global Economies for 10 years, ranked number seven before Russia, Japan and Germany.

El Molla: Zohr’s Production Capacity Records 3 bcf/d

Zohr field's natural gas production capacity reached to 3 billion cubic feet per day (bcf/d), the Minister of Petroleum and Mineral Resources, Tarek El Molla, announced.

Butane Production Increases to 140,000 Tons

The CEO of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said that the rate of butane production has increased by 27,000 ton, reaching a total production of 140,000 tons per month.

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