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Oil & Gas
Eni

Eni signs lease extension for key assets in Egypt’s Nile Delta, Western Desert

Posted: August 14, 2018 at 9:33 pm   /   Oil & Gas

A new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease, where the Nooros field is located, and a five-year extension of the Ras Qattara Concession Agreement approved. Eni […]

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Eni

Eni signs new exploration license for Noor area offshore Egypt

Posted: August 14, 2018 at 9:29 pm   /   Oil & Gas

Eni granted new exploration license named “Nour” located in the prolific East Nile Delta Basin of the Mediterranean Sea in Egypt. Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license […]

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MOP-Eni-BP

Egypt signs 3 Oil & Gas exploration agreements worth $139.2 million

Posted: August 14, 2018 at 9:13 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Tarek el-Molla signed three new oil agreements for the exploration of oil and natural gas in the Mediterranean, Western Desert and Nile Delta regions with investments of $139.2 million. […]

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Zohr Lab

Egypt starts trial operations of Zohr gas analysis laboratory

Posted: August 14, 2018 at 9:05 pm   /   Oil & Gas

The trial operation of Egypt’s largest and most modern natural gas lab has started with the aim of analyzing natural gas, water, condensates and sulfur produced by Zohr field, the Ministry of Petroleum and Mineral […]

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ANRPC

ANRPC to double 92-95 octane fuel production next month

Posted: August 14, 2018 at 8:56 pm   /   Oil & Gas

The Alexandria National Refining and Petrochemicals Company (ANRPC) will begin next month producing 850k tonnes of 92-95 octane petrol, doubling its annual capacity, Oil Minister Tarek El Molla said yesterday, Al Mal reports. ANRPC had […]

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EGAS 2018 Bid Round

EGAS announces extension of closing date for 2018 Bid Round

Posted: August 11, 2018 at 8:55 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) announces the Change of the closing date of its 2018 International Bid Round for 16 blocks. The closing date is extended from Monday 8th of October, 2018 to […]

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EMG

Bloomberg: Delek, Noble said to put final touches on EMG gas deal

Posted: August 11, 2018 at 8:46 pm   /   Oil & Gas

Preliminary deal expected to be signed in no more than a month. Agreement would pave the way to implement $15 billion contract. The companies developing Israel’s largest natural gas fields and their Egyptian partner have […]

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East Med

Egypt, Cyprus reach agreement on gas pipeline – Cyprus Television

Posted: August 7, 2018 at 3:34 pm   /   Oil & Gas

Cairo and Nicosia have reached an agreement to connect the Aphrodite gas field to liquefaction plants in Egypt, Cyprus state television CyBC said, according to the Cyprus Mail. The agreement will be inked sometime in […]

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Midor

Afreximbank provides $200 million loan to finance MIDOR expansion plans

Posted: August 7, 2018 at 3:21 pm   /   Oil & Gas

The EGPC received a USD 200 million loan from the African Export-Import Bank (Afreximbank) on 31 July, which will be used to finance the expansion of state-owned MIDOR’s refining facility, banking sources tell Al Shorouk. […]

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Gas Terminal

Dolphinus Holdings to start importing natural gas as early as Q1 2019

Posted: August 6, 2018 at 3:32 pm   /   Oil & Gas

Dolphinus Holdings could start importing natural gas from Israel as early as 1Q2019, sources with knowledge of the matter told Reuters yesterday. “Imports will start in small quantities first and will gradually increase to reach […]

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