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Oil & Gas

Russia's Rosneft signs two energy import deals with EGPC & EGAS

Posted: July 8, 2015 at 8:11 pm   /   Oil & Gas

Egypt and Russia’s top oil producer Rosneft have signed two initial deals for the supply of petroleum products and liquefied natural gas to Cairo, the two sides said on Tuesday. The oil ministry said in […]

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Maersk Discoverer completes deepest well drilled in Egypt & longest in the Mediterranean

Posted: July 7, 2015 at 6:46 pm   /   Oil & Gas

Maersk Discoverer finished well 62 days ahead of time for BP and claimed two offshore Mediterranean records. In the beginning of May, the crew on Maersk Discoverer reached a great milestone when they finalised their […]

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Egypt raises gas price paid to Italy's Eni and Edison – EGAS official

Posted: July 6, 2015 at 9:32 pm   /   Oil & Gas

Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official with state-owned gas company EGAS said on Sunday. The agreements mark the latest move […]

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PGS confirms signing significant multi-client deal for Egypt

Posted: June 29, 2015 at 9:58 pm   /   Oil & Gas

PGS confirmed that a multi-client agreement covering Egypt’s Western Mediterranean Sea was signed Wednesday 24 June 2015 by Egyptian Natural Gas Holding Company (EGAS) and PGS. Following a competitive tendering process, PGS has been selected […]

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EGAS to conduct Mediterranean's largest seismic exploration project

Posted: June 25, 2015 at 9:45 pm   /   Oil & Gas

Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said on Thursday. EGAS said it has […]

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Axens to provide technologies for the production of high octane gasoline in Upper Egypt

Posted: June 17, 2015 at 11:21 pm   /   Oil & Gas

Assiut Oil Refining Company (ASORC) has selected Axens to supply technologies for its project of refinery upgrading, which consist of a new complex for the production of high octane gasoline. This project aims to satisfying […]

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Dana Gas commences drilling campaign in Egypt

Posted: June 9, 2015 at 9:24 pm   /   Oil & Gas

Dana Gas confirmed that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta. The Balsam-2 well is being drilled with the 2000 HP Egyptian Drilling Company’s Rig #48 […]

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Dana Gas signs participation agreement with BP in Egypt

Posted: June 3, 2015 at 7:51 pm   /   Oil & Gas

– Dana Gas concludes agreement with BP for drilling an exploration well in El Matariya Onshore Concession (Block 3) – Dana Gas to be carried for the exploration well costs – The exploration well expected […]

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Egypt signs exploration deal with Italy's Eni worth $2 billion

Posted: June 2, 2015 at 2:14 pm   /   Oil & Gas

Egypt’s Petroleum Ministry said on Monday it had signed an energy exploration deal with Italy’s Eni worth $2 billion following an MOU signed in March during the Egyptian Economic Development Conference (EEDC). The deal paves […]

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Egypt extends Mediterranean gas exploration tender by 2 months, adds four new blocks

Posted: May 27, 2015 at 10:43 pm   /   Oil & Gas

Egypt has extended its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, the state gas board said, as the country seeks to boost domestic […]

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