OIL AND GAS

17 Feb 2019

Understanding Renewable Energy

CAIRO - 16 February 2019: With a plan to expand urban zones from the current 6% to 12% of the country’s total area, Egypt is building 15 new fourth-generation cities where facilities will be managed in a sustainable way. There are also plans to increase the current 114 industrial"...

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14 Feb 2019

Egypt awards 12 concessions in one of its largest licensing rounds

Egypt awarded Shell, ExxonMobil as well as Eni, oil and gas blocks in one of its biggest ever licensing rounds as North Africa's largest economy vies to leverage recent large discoveries off the Mediterranean to become an energy exporter.

US"...

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13 Feb 2019

Aphrodite gas field attracting big investors: Petroleum Min.

CAIRO – 12 February 2019: “Egypt is embarking on an ambitious program to become a regional energy hub, with Gas as the most important pillar, we do not intend to depend only on the Egyptian resources and facilities. Our endeavour is to be the gateway for all East Med Gas to"...

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13 Feb 2019

Shell aims to increase LNG exports from Egypt: executive

CAIRO, Feb 12 (Reuters) - Royal Dutch Shell aims to increase liquefied natural gas (LNG) exports from Egypt this year as it ramps up production from a West Delta field, the company’s country chairman Gasser Hanter said on Tuesday.

The company shipped 12 LNG cargoes from"...

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13 Feb 2019

Petroleum Ministry announces results of $800m worth EGAS, EGPC tenders

The Minister of Petroleum and Mineral Resources, Tarek El-Molla, announced the results of the oil and gas exploration posed by the Egyptian Natural Gas Holding Company (EGAS), and the Egyptian General Petroleum Corporation (EGPC).

The"...

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12 Feb 2019

Total CEO committed to Cyprus exploration and considering petrochemicals in Egypt

Cairo: Total is committed to continuing its exploration work in Cyprus, Chief Executive Patrick Pouyanne told Reuters on Monday, part of a major exploration campaign for 2019 focused on areas known to contain commercial levels of oil and gas.

Speaking"...

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10 Feb 2019

Egypt-Korea sign agreement to produce fuel from waste

Egypt signed an agreement on Friday with JST, a leading Korean company in the field of solid waste conversion technology to alternative fuels, to create waste recycling plants to produce alternative fuels instead of coal for cement plant furnaces.

"...

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09 Feb 2019

EBMS 2019: Egypt pays its oil receivables to Turkey, reschedules others

Egypt paid its oil receivables to Turkey and rescheduled other receivables, the Canada Egypt Business Council (CEBC) member, Ahmed khattab, told Daily News Egypt on Thursday during the second day of the Egyptian Building Material Summit (EBMS 2019)

The"...

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07 Feb 2019

Zohr production to reach 3bn cubic meters in 2019: Minister

Cairo: Egypt’s Minister of Oil and Mineral Wealth Tarek El Molla said that the ministry plans to increase production of the Zohr gas field up to three billion cubic meters daily in 2019 during a meeting with the general assembly of Petroshorouk Company and the chairmen of the Italian-based"...

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06 Feb 2019

KPC sees high demand for energy next two decades

KUWAIT CITY, Feb 5, (KUNA): Demand for energy is forecast to edge up by 33 percent in the coming two decades, anticipated CEO of Kuwait Petroleum Corporation (KPC) Hashem Hashem, citing recent OAPEC figures. Hashem made the remark in a speech he delivered on behalf of Minister of Oil and"...

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