Search results for: egypt

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A list of search results

  • 11 February 2020
    Business & Finance, Equipment, Research & Development

    The Egyptian Ministry of Petroleum and Schlumberger have introduced the Egypt Upstream Gateway, a project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt’s subsurface data is kept evergreen. The Egypt Upstream Gateway will also be a platform to promote Egypt’s exploration and production potential worldwide. The Egypt Upstream Gateway will […]

  • 13 March 2015
    Business & Finance

    BG Egypt has yesterday (March 12) announced the signing of a tie-in agreement with BP Egypt and RWE DEA on March 3, 2015 that will enable the increase of the supply of energy to the Egyptian domestic network through the utilization of BG Egypt’s comprehensive infrastructure. Libra and Taurus fields, located largely within BP/RWE Dea’s […]

  • 24 February 2015

    Egypt’s imports of LNG are about to start in March with the arrival of the first cargo an official at Egypt’s Ministry of petroleum said.

  • 13 March 2015

    BG Egypt signed a tie-in agreement with BP Egypt and RWE DEA that will enable the increase of the supply of energy to the Egyptian domestic network through the utilization of BG Egypt’s comprehensive infrastructure. Libra and Taurus fields, located largely within BP/RWE Dea’s North Alexandria Concession, offshore the Nile Delta, will be connected to […]

  • 16 July 2018

    Egypt’s minister of petroleum Tareq el Molla held talks with the Engie’s Global LNG CEO, Philip Olivier. 

  • 9 August 2017

    Over the last few years there has been a resurgence in Egypt’s upstream sector boosted by several offshore gas discoveries, most notably the Zohr. The Zohr, made by Eni in August 2015, is the largest gas discovery ever in the Mediterranean, and the first phase of production there is set to begin late in 2017, […]

  • 30 June 2014

    Egypt is reportedly expecting a delay in delivery of an LNG import terminal that should help fight the worst energy crisis in years in the country. Egypt can export LNG but without the instalation of the import terminal it can not fight the gas supply shortage that is causing power cuts. An agreement to use […]

  • 13 March 2015

    BG Egypt signed a tie-in agreement with BP Egypt and RWE DEA that will enable the increase of the supply of energy to the Egyptian domestic network through the utilization of BG Egypt’s comprehensive infrastructure. Libra and Taurus fields, located largely within BP/RWE Dea’s North Alexandria Concession, offshore the Nile Delta, will be connected to […]

  • 24 November 2010
    Business & Finance

    BP Egypt announced today that it has made a significant gas discovery in the Deepwater West Nile Delta area. The Hodoa discovery is located in the West Mediterranean Deepwater, Nile Delta concession, some 80 km northwest of Alexandria. The WMDW-7 well was drilled to a depth of 6350 metres and is the first Oligocene Deep […]

  • 27 July 2015
    Business & Finance

    Egypt’s coastal zones are due for some major changes as numerous multi-billion dollar projects aimed at boosting the national economy take hold and investments transform not only these areas, but the shape of the nation. In preparation for this year’s Coastal and Canal Zone Development Conference, taking place from 17-19 November (Dusit Thani, Cairo, Egypt), […]

  • 11 September 2017
    Business & Finance

    Baker Hughes, a GE company, has been awarded a “major subsea contract” from Petrobel for phase two of the “supergiant” Zohr gas field situated in the Mediterranean Sea, off the Egyptian coast.  The contract was announced on Saturday, September 9 in a signing ceremony hosted by Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt. […]

  • 24 February 2015

    Egypt’s imports of LNG are about to start in March with the arrival of the first cargo an official at Egypt’s Ministry of petroleum said.

  • 13 May 2015
    Business & Finance, Project & Tenders

    Final preparations are underway for the Egypt Ports & Waterways Summit that will be held from 9-11 June in Cairo.  Many advancements are planned for Egypt’s maritime sector, with expansions to the capacity of the Suez Canal soon to be ready, together with expansions to all of the country’s major ports, Egypt is steadily moving towards its goal […]

  • 4 December 2014

    Egypt will import six LNG cargoes from Algeria between April and September 2015.

  • 1 April 2015
    Business & Finance

    Egypt stands poised to take advantage of great advances in trade infrastructure; expanding the Suez Canal, developing its ports and revitalizing its core infrastructure through the creation of new economic and infrastructure developments. With tight deadlines and ambitious vision, these projects represent the biggest infrastructural changes Egypt has seen in modern times. As these projects […]

  • 12 September 2018
    Ports & Logistics

    Union Fenosa Gas (UFG) is reportedly in talks to restart the Damietta liquefied natural gas (LNG) export plant in Egypt following the $2.01 billion arbitration award last week. To remind, a World Bank arbitration body ordered Egypt to pay the award to UFG because of a lack of gas supply to the Damietta plant, in which the […]

  • 21 June 2013

    In an independent assessment of Egypt’s gas sector, Wood Mackenzie highlights the challenges Egypt faces in addressing its supply shortfall as a result of soaring domestic demand and a flat production outlook.  In an environment of falling exploration success, rising development costs and low gas prices available to upstream operators, Wood Mackenzie says the government […]

  • 20 April 2016
    Business & Finance

    French utility company ENGIE and the Egyptian national company EGAS, have executed a cooperation agreement on LNG importation to Egypt during the state visit of French President François Hollande to Egypt. Pursuant to the agreement, signed under the auspices of the Egyptian Ministry of Petroleum and Mineral Resources, ENGIE said it would contribute to supplying Egypt’s gas market, […]

  • 6 October 2014
    Business & Finance

    Following the commitment from the Egyptian government to repay outstanding debts to the energy industry, BG Group plc  has received a $350 million payment. This reduces the company’s domestic receivables balance in Egypt to around $1.2 billion. The payment is the result of the government of Egypt raising funds specifically to help repay debts to […]

  • 10 July 2018
    Business & Finance

    German oil and gas company DEA Deutsche Erdoel AG has named a new general manager of DEA Egypt.

  • 24 May 2011
    Business & Finance, Equipment, Operations & Maintenance

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has agreed a contract with BG International Limited (Egypt Branch – ‘BG Egypt’), a division of BG Group plc, to supply its POS-GRIP High Pressure High Temperature (‘HP/HT’) wellhead system for exploration […]

  • 24 October 2018
    Vessels

    The UK’s Dragon liquefied natural gas (LNG) terminal is scheduled to receive a cargo of the chilled fuel from Egypt next week. Maran Gas Maritime’s newbuild, the 173,400-cbm Maran Gas Spetses is expected to arrive at the Dragon LNG facility in the Port of Milford Haven on October 31, according to the port’s shipping data. […]