News
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Petrobel’s Business Results for 2015/2016
Egypt-based Balaeim Petroleum Company (Petrobel) invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016. Petrobel’s CEO,…
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Egypt, World Bank to Connect 2.4m Households to Natural Gas
Egyptian Minister of International Cooperation, Sahar Nasr, met with the World Bank’s delegation to Egypt to review the latest updates on a project to…
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Egypt Paid $5.4b in Oil, Gas Arrears
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, state that Egypt is committed to paying off all…
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Dana Gas to Discuss $700m Debt Mix
Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll…
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El Molla Reviewed Agiba’s Fiscal Results
Egyptian Minister of Petroleum, Tarek El Molla, headed a general assembly of Agiba Petroleum Company to review fiscal results for 2015/2016.…
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Frames Awarded Design, Supply Contract for Zohr Field
ENPPI and Belayim Petroleum Company have contracted Dutch company, Frames, to design and supply eight sour gas filter coalescers and…
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Minister of Petroleum Issues New Promotions
Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla issued promotions and transfers in the petroleum sector. Eng. Ibrahim Abdel…
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Eni Boosts Nooros Gas Production
Italian Eni aims to increase gas production from three wells in Nooros field by 180mcf/d in September 2016. A source from…
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BP Boosts Gas Production in Egypt
UK’s British Petroleum (BP) aims to boost their gas production in Egypt through enhancements of several fields within their concessions…
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Sharm El Sheikh’s Gas Plant Slated for Construction
South Sinai Governor, Khlaed Fouda, announced that the a 5,000m plot of land has been assigned to the National Petroleum…