El Molla: 4 refining projects to be completed in 4 years with a cost of $8.3 billion
Minister of Petroleum Tarek El Molla: Ministry targets implementing 8 projects to develop gas fields worth $17.5 billion. Minister of Petroleum and Mineral Resources Tarek El Molla told Daily News Egypt that the Ministry of Petroleum is seeking to implement 12 projects to develop gas fields at a cost of $17.5 billion, next to completing […]
Petroleum Ministry announces production timetable for key concessions including Zohr
Egypt’s supergiant gas field Zohr will be producing 500 million cubic feet (mmcf) a day by the end of 2017, Prime Minister Sherif Ismail said on Saturday, according to ETEnergyworld. Separately, Oil Minister Tarek El Molla also said that the North Alexandria concession will begin producing between 500 and 700 mmcf of gas per day […]
El Molla: Eight Oil & Gas Exploration Agreements to be finalized soon
The Ministry of Petroleum and Mineral Resources is reviewing Egypt’s vast arid land in the Eastern & Western Deserts as well as the Suez Gulf, as it seeks security approvals before initiating new tenders for exploring gas and oil there, in addition to 8 exploration deals due to be sealed soon, according to Minister Tarek […]
Major natural gas discoveries offshore Egypt propel demand for technologies & services
(Offshore Magazine) Curt Cultice US Commercial Service, Department of Commerce Egypt is a mature fossil energy market attracting increased international attention. However, there is a continued demand for new energy technologies from innovative US suppliers committed to long-term partnerships with Egypt. In the below Q&A, Mai Abdelhalim, commercial specialist, US Embassy, Egypt discusses the latest […]
Production from Shell's Burullus gas fields rises to 526 mmcf/d in past year
Production from Shell’s Burullus concession increased to 526 mmcf/d and over 6,000 bbl of condensates last year, Chairman of Shell JVs Rashpetco and Burullus Hisham Al Attar said, according to a statement from the Oil Ministry. Al Attar says that design and manufacturing works have been contracted on the West Delta Deep Marine Phase 9b […]
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 […]
BP starts production from West Nile Delta eight months ahead of schedule, production 20% above plan
BP today announced that it has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March 2017 and the commissioning of all […]
El Molla: Natural gas surplus by 2020
Petroleum Sector will sign five new deals with investments of $154m. The petroleum sector has achieved numerous developments during the current period in natural gas production. Egypt’s total production of gas reached 5 billion cubic feet per day, following a number of new discoveries. Minister of Petroleum and Mineral Wealth Tarek El Molla explains the […]
President Sisi underlines importance of developing Egypt's petroleum sector
President Abdel Fattah El Sisi highlighted on Thursday 20/04/2017 the importance of developing the petroleum and mineral wealth sector in Egypt, as a cornerstone of national economy. During a meeting with Prime Minister Sherif Ismail and Petroleum Minister Tarek el-Molla, the president urged attracting more foreign investments in this field. He also highlighted the necessity […]
BP begins producing 600 mmcf/d of natural gas from North Alexandria
BP began producing 600 mmcf/d of natural gas from the Taurus and Libra fields in its North Alexandria concession last week, up from 200 mmcf/d at the end of last month, unnamed sources tell Al Borsa. (Source: Enterprise.press)