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Tag: Natural Gas

Infographic: Egypt by the numbers (ABO Oil Magazine)

Posted: May 2, 2016 at 6:27 pm   /   Oil & Gas

From ABO Oil Magazine #31: Gas – the Mediterranean at full throttle View the full magazine at: http://www.abo.net/en_IT/publications/magazine.page (Source: ABO.net)

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Egypt – The opportunity to become a crucial regional energy hub: Self Sufficiency by 2020 (ABO Oil)

Posted: April 29, 2016 at 1:13 pm   /   Oil & Gas

According to Tareq al-Mulla, Minister of Petroleum and Mineral Resources, the start of production at new natural gas fields, led by Zohr—planned for 2017—offers the opportunity to achieve this goal. Tareq al-Mulla has been Egypt’s Minister of Petroleum and Mineral Resources since September 19, 2015, when his predecessor, Sherif Ismail, was appointed Prime Minister. He […]

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Edison and EGPC ink deal to develop second phase of Abu Qir gas field

Posted: April 25, 2016 at 7:57 pm   /   Oil & Gas

Egypt’s General Petroleum Corporation signed an agreement with Electricité de France (EDF Group), owner of Italy’s Edison Company, to develop the second phase of Abu Qir Gas Project. The signing of the $220 million worth agreement was attended by Tarek al Molla, Minister of Petroleum and Mineral Resources in Cairo on Saturday. The deal involves […]

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Egypt gas agreements: from production sharing to tax/royalty

Posted: April 24, 2016 at 2:04 pm   /   Oil & Gas

By Nagy Iskander All oil exploration and production concession agreements in Egypt have been operating according to Production Sharing Agreements since 1973. This was a shift from the tax/royalty system towards equal sharing agreements concluded between the government, represented by the Egyptian General Petroleum Corporation (EGPC), and foreign companies, with a view to reduce the […]

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Heads of International Oil Companies’ view at the 8th Mediterranean Offshore Conference (MOC 2016)

Posted: April 22, 2016 at 4:59 pm   /   Oil & Gas

Eng. Hisham Mekkawy, BP Regional President of North Africa reviewed the company’s experience in Egypt, pointing out that BP is proud of its long history of partnership with Egypt, which extends for more than 50 years. As BP is the largest foreign investor in Egypt, and Egypt is one of the largest countries of BP’s […]

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EDF signs 5 MOUs and gets set for development of renewable energy in Egypt

Posted: April 20, 2016 at 10:45 pm   /   Renewables

On the occasion of the State visit by the President of the French Republic, François Hollande, EDF has signed five memoranda of understanding thus confirming its strategy for developing low carbon energy in Egypt. Three of these agreements concern the future development of EDF Energies Nouvelles projects in wind power and solar energy in partnership […]

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Video: ‪How Chevron Delivers Liquefied Natural Gas‬

Posted: April 16, 2016 at 2:00 pm   /   Oil & Gas

Natural gas is an important source of energy, but many gas reservoirs are located far from areas that need it. The challenge: How to transport natural gas across the ocean where there are no pipelines? The answer is technology. By liquefying natural gas, it can be shipped safely and efficiently around the world. This video […]

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MEDREG contribution to the Egyptian gas regulatory reform

Posted: April 11, 2016 at 5:09 pm   /   Oil & Gas

On 4 April 2016 MEDREG (Mediterranean Energy Regulators) participated to a workshop in Cairo (Egypt) organized by the Egyptian Natural Gas Holding Company (EGAS). Egypt’s gas market has been facing great challenges: long term solutions for the reform of the gas sector have to be implemented. They include the restructuring of the gas market and […]

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The Mediterranean Surprise (ABO.net)

Posted: April 8, 2016 at 8:32 pm   /   Oil & Gas

The cradle of civilization, this corner of the world has always been characterized by strong contrasts. Now, thanks to energy, it could become a new focal point of development and unexpected opportunities. The Eastern Mediterranean was the cradle of 3 great religions, bureaucracies and market institutions.  Alexander the Great was born there, the region was […]

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Video: Eni’s plans to strengthen its position in Europe’s gas market

Posted: April 1, 2016 at 7:50 pm   /   Oil & Gas

In light of Eni’s recent supergiant gas discovery at its Zohr Prospect in the Egyptian offshore, we asked Maria Rita Galli, SVP Portfolio strategy at ENI, to discuss her company’s activities in Egypt and in the Levant basin as well as Eni’s plans to develop its position in the European gas market. (Source: dmg events)

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