News
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BP Bought Egypt’s Rosetta Gas Plant
UK’s BP acquired Royal Dutch Shell’s Rosetta gas treatment plant in Egypt, for $128m. BP received the plant in April 2016…
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Egypt to Launch Enppi’s IPO
The Egyptian ministry of Petroleum and Mineral Resources had a meeting with officials from the Engineering for the Petroleum &…
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El Molla Attended IEF in Algeria
A press release from the Egyptian Ministry of Petroleum and Mineral Resources stated that the minister, Tarek El Molla, visited…
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Egypt’s Gas Production Reached 4.4bcf/d
As 2016 is about to end, Egypt’s gas production increased from 4.35bcf/d in 2015 to 4.4bcf/d, after linking 4 new…
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Egypt to Import $2.4b in LNG during 2017
Egypt is planning to import 120 liquified natural gas (LNG) cargoes in 2017, worth about $2.4b at current spot prices in Singapore,…
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Egypt Awarded Glencore, Trafigura and B.B. Energy LNG Bid
Egypt has chosen Glencore, Trafigura and B.B. Energy to provide Liquefied Natural Gas (LNG) cargos for the remainder of 2016, after the…
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Egypt Spent EGP 51b on Fuel Subsidies
Egyptian Minister of Petroleum, Tarek El Molla, stated that Egypt’s fuel subsidies decreased during fiscal year 2015/2016 by 28.7% from the…
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El Molla Signed 3 New Petroleum Exploration Deals
Egyptian Minister of Petroleum, Tarek El Molla, signed 3 new petroleum agreements for the Egyptian General Petroleum Corporation (EGPC) with…
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El Molla Chaired EGPC’s Board Meeting
In a press release to Egypt Oil&Gas, Egyptian Minister of Petroleum, Tarek El Molla, chaired the Egyptian General Petroleum Corporation (EGPC) board…
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Eni, BP Upgraded Baltim Field to 1tcf Gas Production
Italian Eni and UK’s BP upgraded the potential production of Baltim South West field in Egypt, to be 1tcf of gas, after the results…