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Oil & Gas

ENAP Sipetrol to complete $22m Western Desert pipeline next June

Posted: February 28, 2016 at 1:03 pm   /   Oil & Gas

$80 million planned investment through the end of 2017 for development of gas fields. Chilean ENAP Sipetrol, the foreign JV partner in Egyptian Petroleum Sector subsidiary Petroshahd, plans to complete the construction of a 90 […]

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Video: Black Gold in the Red Sea (Eni)

Posted: February 27, 2016 at 2:00 pm   /   Oil & Gas

The 1962 film, directed by Vittorio Gallo, offers an overview of the activities of COPE, Compagnie orientale des petrole d’Egypte, that highlights the “Mattei Formula”, the integration of Italian and Egyptian technicians and workers, respect […]

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Eni's new successful exploration activities in Egypt's Nile Delta and Zohr field

Posted: February 26, 2016 at 1:30 pm   /   Oil & Gas

Eni successfully drilled a new well in the Nooros East exploration prospect, in the Abu Madi West license and it also completed the drilling of the Zohr 2X well, first appraisal well of Zohr discovery, […]

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Subsea 7 awarded West Nile Delta contract offshore Egypt

Posted: February 26, 2016 at 12:19 pm   /   Oil & Gas

Subsea 7 S.A. announced the award of a major (*) contract by BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt. This is […]

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Strong Global Demand for Petrochemicals Fuels Optimism, says Chevron Phillips Chemical’s EVP at IHS CERAWeek

Posted: February 26, 2016 at 12:04 pm   /   Oil & Gas

Operating within the challenge and uncertainty of the current energy environment, Chevron Phillips Chemical Company LP’s Executive Vice President Mark Lashier outlines the company’s growth strategy at IHS CERAWeek in Houston, Texas. During a panel […]

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EGA holds Roundtable headed by Minister of Petroleum

Posted: February 25, 2016 at 3:53 pm   /   Oil & Gas

The Egyptian Gas Association (EGA) held its first executive roundtable, titled “The Future of Natural Gas Industry in Egypt.” The purpose of the roundtable was to bring together industry leaders from both the private and […]

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British companies looking to bring experience and expertise to Egypt’s new energy discoveries

Posted: February 24, 2016 at 1:31 pm   /   Oil & Gas

Terry Willis, Director of Africa and Middle East at the Energy Industries Council (EIC), has affirmed Egypt as a key market for leading British companies working in the oil and gas sector. Willis is in […]

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MIDOR signs $1.2 billion loan agreement

Posted: February 24, 2016 at 1:18 pm   /   Oil & Gas

Egypt’s state-owned Middle East Oil Refinery Company (MIDOR) has signed an initial loan agreement with three banks for $1.2 billion, the state news agency said on Tuesday. The loan represents around 80 percent of the […]

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The first steps of Zohr, the largest gas discovery in the Mediterranean Sea

Posted: February 22, 2016 at 3:32 pm   /   Oil & Gas

The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr Development Lease. The development plan envisages the start of production by the end […]

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Dana Gas Egypt commits €355 million to E&P over three years

Posted: February 22, 2016 at 3:20 pm   /   Oil & Gas

Despite the state of global energy markets, Dana Gas, the Middle East’s leading privately owned gas company has faith enough in Egypt and the Al-Sisi administration to commit millions in exploration and production (E&P) in […]

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