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Oil & Gas
SDX

SDX Energy ends talks with BP over the sale of Egyptian assets

Posted: October 18, 2018 at 3:26 pm   /   Oil & Gas

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 […]

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BP Concessions

BP’s Qattameya well to produce 60 mmcf/d of gas by 2020

Posted: October 18, 2018 at 3:19 pm   /   Oil & Gas

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 […]

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Bloomberg Markets

Egypt planning new Oil & Gas production contracts to attract investors

Posted: October 18, 2018 at 12:58 pm   /   Oil & Gas

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 […]

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Faramid

EGAS agrees to purchase gas from Eni’s Faramid at $2.6/MMBtu

Posted: October 18, 2018 at 12:42 pm   /   Oil & Gas

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 […]

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UEG-KEC

United Energy to raise Egypt investment, participate in upcoming Bid Rounds

Posted: October 18, 2018 at 12:37 pm   /   Oil & Gas

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 […]

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Hoegh Gallant

Egypt, Höegh LNG rework FSRU Gallant contract

Posted: October 16, 2018 at 4:26 pm   /   Oil & Gas

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 […]

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BP

BP: Egypt’s WND Giza, Fayoum fields to produce 400 mmcf/d by end of 2018

Posted: October 16, 2018 at 4:10 pm   /   Oil & Gas

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 […]

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Dragon Oil

Egypt part of Dragon Oil’s $500 million regional investment budget?

Posted: October 14, 2018 at 6:52 pm   /   Oil & Gas

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 […]

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Grace

Grace licenses Unipol Polypropylene Process Technology to SIDPEC

Posted: October 14, 2018 at 4:46 pm   /   Oil & Gas

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 […]

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Refinery

Egypt signs deal with Technip, Enppi for Assiut Refinery upgrade

Posted: October 14, 2018 at 2:16 pm   /   Oil & Gas

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 […]

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