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The World Refining Association holds the Inaugural Egypt Downstream Summit

Posted: February 18, 2016 at 2:25 pm   /   Oil & Gas

Under the Auspices of the Ministry of Petroleum and Mineral Resources, The World Refining Association (WRA) inaugurated its first Downstream Summit and Exhibition in Egypt bringing together key stakeholders and industry experts together to discuss innovative ideas on how Egypt can realise its downstream potential. The World Refining Association launched yesterday its first Egypt Downstream […]

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Infographic: Energy Overview of Egypt (ABO.net)

Posted: February 17, 2016 at 1:00 pm   /   Electricity & Power, Oil & Gas

Have a look at the Oil Book dedicated to Egypt. A great history and a future to build. An interactive look – with information, data, analysis and relevant background detail – at Egypt, a strategic country in the complicated Middle Eastern scenario. (Source: ABO.net & Eni S.p.A.)

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Edison could announce a Zohr-sized gas discovery soon – EGAS official

Posted: February 16, 2016 at 2:06 pm   /   Oil & Gas

Italian E&P company Edison could be soon announcing a gas discovery similar in size to the Zohr discovery, according to an EGAS official, and that the results of seismic mapping of its North Port Fouad concession, adjacent to Eni’s Shorouk concession, will be announced in the second half of 2016. According to the source, who […]

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Minister of Petroleum launches the Egypt Petroleum Show EGYPS 2017

Posted: February 16, 2016 at 1:30 pm   /   Oil & Gas

Under the High Patronage of His Excellency President Abdel Fattah El Sisi, the President of the Arab Republic of Egypt, Eng. Tarek El Molla, Egypt’s Minister of Petroleum & Mineral Resources yesterday launched EGYPS – the Egypt Petroleum Show – set to be the biggest industry event ever seen in North Africa. To be held […]

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Italy's Eni invested $4 bn on first phase of Zohr gas field – Egyptian official

Posted: February 16, 2016 at 1:12 pm   /   Oil & Gas

Italy’s Eni has invested $4 billion in the development of the first phase of Egypt’s giant offshore Mediterranean gas field, Zohr, including the drilling of four wells, an Egyptian official said on Monday. Eni’s total investment in Zohr is between $12 billion and $16 billion, the official added on the sidelines of an Egyptian energy […]

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Infographic: Shell's LNG Portfolio after BG takeover

Posted: February 15, 2016 at 8:51 pm   /   Oil & Gas

From February 15, BG Group is part of Royal Dutch Shell. This combination brings together two world-class portfolios creating a more competitive company. We have acquired productive oil and gas projects across countries including Brazil and Australia and will be able to shape a simpler, leaner company. Together we will focus on our core expertise […]

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Law firms team up for Egyptian energy service

Posted: February 15, 2016 at 8:43 pm   /   Oil & Gas

Law firm Andrews Kurth (Middle East) DMCC (Andrews Kurth) is collaborating with Cairo-based Open Chance & Associates to assist companies interested in energy opportunities in Egyptian oil and gas. They are offering a range of services covering domestic Egyptian law and international energy, project development and finance law. Egypt’s government is implementing a program to […]

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EGAS renegotiates WDDM Phase 9b with BG, Shell and Petronas

Posted: February 15, 2016 at 1:01 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) is restarting negotiations with BG Group and Petronas over the West Delta Deep Marine (WDDM) Phase 9b project and bringing it on stream. EGAS chief Khaled Abdel Badie said that regular meetings are taking place with foreign partners BG, Shell (which has recently acquired BG) and Petronas and […]

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“Energy Giants” By Simona Manna (from Eniday.com)

Posted: February 15, 2016 at 1:00 pm   /   Oil & Gas

The energy world has its “giants”, supplying an every-increasing market and demand and which, in addition, represent the potential of our resources: these are “supergiants”, the deposits with the largest reserves in the world. How many are there? Where are they? Which companies operate them? Here is a small identikit of our energy giants… THE […]

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IOCs negotiating payment of contractors in EGP

Posted: February 15, 2016 at 12:55 pm   /   Oil & Gas

International oil companies are negotiating to pay service contractors in EGP instead of USD, or to reduce the contracted amount to be paid in foreign currency to 40% from 60%. Ahmed Moaaz, Egypt Country Manager of SDX Energy (formerly Sea Dragon Energy), said that several IOCs already started negotiations with e contractors and service companies. […]

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