SH | Egypt Oil & Gas - Part 8
Zohr to Start Gas Production in December
In a statement to Egypt Oil&Gas, an official with the Egyptian General Petroleum Corporation (EGPC) stated that the first natural gas production from Zohr field in the Mediterranean Sea is expected to be in Decemb...
EGPC to Expand Oil, Diesel Import
The Egyptian General Petroleum Corporation (EGPC) is in negotiations with foreign importers to provide 370,000t/m of oil and diesel to create massive strategic reserves to cover domestic market demands, starting from ...
Eni to Drill Sixth Well in Egypt’s Zohr Field
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the ministry has reached an agreement with Italy’s Eni to start drilling the sixth and last gas well in the Zohr field in the Mediterr...
Egypt Saw 10% Rise in Fossil Fuel Usage
An official at the Egyptian Ministry of Petroleum stated to Egypt Oil&Gas that the ministry has spotted 10% increase in local usage of fossil fuel across all the governorates. The ministry’s official said th...
Oil Expert: IMF Loan is a Trap
‘The International Monetary Fund (IMF) is a trap meant to drown Egypt in foreign loans and if Egypt accepts it, the country may soon declare bankruptcy,’ said Ibrahim Zahran, a petroleum expert, in an excl...
Oil Ministry Held Progress Workshop
The Egyptian Minister of Petroleum, Tarek El Molla, presided over a ministry’s workshop aimed at studying suitable methods to improve oil and gas sector in Egypt, formulate a vision and outline a plan for the co...
Weatherford Egypt Witnesses Workers’ Protest
Fifty workers arranged a sit-in in front of Weatherford’s headquarter in Cairo following what the workers deemed as unjustified termination of their contracts. Weatherford attributed the layoffs to increased co...
Egypt: Fuel Prices Will Not Rise over IMF Loan
Following recent talks with the IMF, an official from the Egyptian General Petroleum Corporation (EGPC) stated for Egypt Oil&Gas that the price of fuel will not change. During negotiations, the government confirm...
