3:26 pm SDX Energy ends talks with BP over the sale of Egyptian assets
3:19 pm BP’s Qattameya well to produce 60 mmcf/d of gas by 2020
12:58 pm Egypt planning new Oil & Gas production contracts to attract investors
12:42 pm EGAS agrees to purchase gas from Eni’s Faramid at $2.6/MMBtu
12:37 pm United Energy to raise Egypt investment, participate in upcoming Bid Rounds
SDX Energy ends talks with BP over the sale of Egyptian assets
SDX Energy and BP mutually agree to end discussions which could have see SDX buy a package of assets. SDX Energy, the North Africa focused oil and gas company, has announced that, further to the […]
BP’s Qattameya well to produce 60 mmcf/d of gas by 2020
BP will begin producing 60 mmcf/d of natural gas from its Qattameya Shallow-1 exploration well in the North Damietta East Nile Delta marine concession by 2020, a source from the industry told Youm7. Early works […]
Egypt planning new Oil & Gas production contracts to attract investors
New, simpler terms for exploration in country’s frontier areas. Egypt seeks investment as it targets gas shipments to Europe. Egypt is working on a new model for future oil and natural gas production contracts in […]
EGAS agrees to purchase gas from Eni’s Faramid at $2.6/MMBtu
The Egyptian Natural Gas Holding Company (EGAS) reportedly agreed to purchase natural gas produced from Eni’s Faramid South asset at USD 2.6/MMBtu, sources from EGAS said. The well, which is in Eni’s East Obayed concession […]
United Energy to raise Egypt investment, participate in upcoming Bid Rounds
Petroleum Minister Tarek Molla welcomed plans of China’s United Energy Group to invest in Egypt for the first time. The company expressed desire to take part in international tenders in Egypt in view of promising […]
Egypt, Höegh LNG rework FSRU Gallant contract
Höegh, EGAS rework FSRU Höegh Gallant deal. Höegh LNG said it has decided to amend the Höegh Gallant FSRU time charter with Egypt Natural Gas Holdings Company (EGAS). Under the amended contract, the Höegh Gallant […]
BP: Egypt’s WND Giza, Fayoum fields to produce 400 mmcf/d by end of 2018
BP will begin production at two of its Egyptian gas fields as part of its West Nile Delta project by the end of 2018, a petroleum ministry statement said on Monday. The fields, Fayoum and […]
Egypt part of Dragon Oil’s $500 million regional investment budget?
Egypt in line for a chunk of Dragon Oil’s USD 500 million regional investment budget? Emirates National Oil Company (ENOC) subsidiary Dragon Oil is planning to invest about USD 500 million next year in oil […]
Grace licenses Unipol Polypropylene Process Technology to SIDPEC
Sidi Kerir Petrochemicals Co (SIDPEC) gets license for W. R. Grace’s technology. Sidi Kerir Petrochemicals Co (SIDPEC) has got the license for Unipol PP Process Technology by W. R. Grace, the leading independent supplier of […]
Egypt signs deal with Technip, Enppi for Assiut Refinery upgrade
Egypt has signed a deal with Italy’s Technip to set up a $1.9 billion refinery complex that will be the largest in the country’s south as part of the government efforts to meet local market […]
