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Egypt’s natural gas output expected to rise 50% in 2018 and double by 2020

Egypt’s natural gas output expected to rise 50% in 2018 and double by 2020

Three recently discovered major gas fields are expected to raise Egypt’s natural gas output by 50% in 2018 and 100% in 2020, the petroleum ministry said. “The fields of Zohr, North Alexandria and Nooros are among the most important projects that will increase natural gas production … and will contribute to (Egypt’s) natural gas self-sufficiency … Continue reading

World’s Energy Giants to Convene at ADIPEC 2017

World’s Energy Giants to Convene at ADIPEC 2017

• Market-Moving, International Oil and Gas Event is Premier Industry Platform for Minister-to-Global Business Leader Dialogue. • Record Number of Expert Submissions to Technical Conference; Programme Underlines Abu Dhabi’s Leadership in Energy World. An unprecedented number of opportunities for Minister-to-global business leader strategic dialogue, along with a record number of expert submissions on a wide … Continue reading

Egypt to launch new oil exploration tender by end of 2017 – El-Molla

Egypt to launch new oil exploration tender by end of 2017 – El-Molla

Egypt is planning a new tender for crude discovery and exploration before the end of 2017, Petroleum Minister Tarek El-Molla said Saturday. Egypt will sign soon contracts with Apache Corporation, Apex International Energy, and Shell for five oil exploration blocks in the Western Desert, the minister added. Egypt, which used to be a net energy … Continue reading

Saudi Aramco: Technology key to unlocking Red Sea spoils (Upstream)

Saudi Aramco: Technology key to unlocking Red Sea spoils (Upstream)

Saudi Aramco looking to new seismic solutions in exploration drive in deep waters. State-owned Saudi Aramco is hoping that innovative seismic acquisition technology will help the company to successfully explore the geologically complex sub-salt of the ecologically sensitive Red Sea. These innovative technologies for shallow-water seismic surveying included Magseis’ autonomous miniaturised cable nodes, while contractor … Continue reading

El-Molla: Egypt plans $4 billion petrochemical complex in Suez

El-Molla: Egypt plans $4 billion petrochemical complex in Suez

Egypt is planning to establish a petrochemical complex in Suez, with an investment cost worth more than $4 billion, Petroleum Minister Tarek el-Molla said Thursday. The Ministry of Petroleum will build the complex in partnership with Ministry of Public Business Sector, El-Molla added in a press conference. The Egyptian Petrochemicals Holding Company (ECHEM) as well … Continue reading