News
-
BP Eyes Gas Production Rise in Atoll Field
The Egyptian Minister of Petroleum, Tarek El Molla stated to Al-Borsa News that BP eyes boosting Atoll field production from…
-
Egypt to Rerun ADCO, Damietta Gas Liquefaction Factories
The Egyptian Ministry of Petroleum and Mineral Resources is to rerun ADCO and Damietta gas liquefaction factories by 2020/ 2021,…
-
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…
-
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…
-
Descalzi: Eni Is Keeping Balance by Lowering Costs
In his interview with Bloomberg, CEO of Italy’s energy giant Eni, Claudio Descalzi said that the company is keeping balance…
-
Edison, Total, BP Mulls Buying 40% Stake in Zohr
Italian Edison, French Total, and British Petroleum (BP), have requested information about Egypt’s Zohr gas field as they ponder negotiations…
-
GASCO Mulls $605m Investment in Gas Projects
The Egyptian Natural Gas Company (Gasco) is considering a project that will aim at transporting gas from Raven gas field…
-
Oil Ministry: Egypt’s Oil&Gas Industry Is Stable
The Egyptian Oil Ministry has assured that the industry is currently stable despite the ministry’s anticipations of losing its partners due…
-
Egypt Signs New Onshore Exploration Deals
In an effort to enhance Egypt’s energy productions, the country has signed deals between Ganoub El-Wadi Petroleum Holding Company (GANOPE), US company…
-
Egypt’s Foreign Debt to IOCs Drops to $3.2b
The Egyptian government has decreased the sector’s foreign debt to $3.2b, down from $3.4b, an official from the Egyptian Ministry…