News - Egypt
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Apache Corporation has discovered three new oil and gas reserves in Egypt's Western Desert.
The NRQ 3151-1X, an Alamein Basin discovery located in the North Ras Qattara Concession, test-flowed at a combined rate of 1,625 barrels of oil and 18.7 million cubic feet (MMcf) of natural gas per...
Egypt will receive the first shipment of Qatari LNG by the end of May under a gas swap deal that includes the foreign companies extracting gas locally, state-run daily newspaper Al-Ahram reported on Monday.
Under the arrangement, Egypt will buy the share of foreign companies in locally extracted LNG...
Eni was awarded a deepwater exploration block (Block 9) in the Eastern Mediterranean of Egypt within the EGAS 2012 International bid round in Cairo (Egypt).
Through its fully owned affiliate, IEOC, Eni will act as Operator of Block 9 with 100% equity, Eni said in a statement. Block 9, also named Shorouk...
Petroceltic International, has announced its participation in a joint venture with Edison International which was the successful bidder for two blocks, North Thekah and South Idku, in the Egyptian Natural Gas Holding Company 2012 International Bid Round.
North Thekah (Block 7) is located offshore the...
Polish gas company PGNiG will carry out two drilling operations in Egypt this year.
The first drilling has already started and the second one is to begin in May, Andrzej Maksym from the company's gas deposits department told the Polish Press Agency, Warsaw Business Journal reported.
The company is...
Gazprom and represntatives from Egyptian government and energy companies met in Moscow to discuss the opportunities for the bilateral cooperation development in the oil and gas industry.
The meeting specifically addressed the prospects for Gazprom and Egyptian energy companies to cooperate within the...
The Israel Electric Corporation (IEC) cancelled its natural gas purchase agreement with East Mediterranean Gas Company (EMG) last month, the Israeli company said in its financial statement for 2012.
IEC said that this development is not likely to have any impact on the company “since the gas supply...
Russian President Vladimir Putin and Egyptian President Mohamed Morsi have discussed the possibility of the deliveries of Russian natural gas to Egypt, RIA Novosti quoted Russian Foreign Minister Sergei Lavrov as saying.
The presidents met on Wednesday on the sidelines of the BRICS summit in South Africa.
The Egyptian Natural Gas Holding Company (EGAS) has issued a tender to import 1 billion cubic feet per day of natural gas, Egypt Independent reports.
The tender has been issues to 22 Egyptian and international companies in order to meet the electricity sector’s growing needs, adding that four...
Dana Gas has said that its West Sama-1 and Allium-1 fields in Egypt have commenced commercial production, less than 2 months after initial well testing was conducted.
These new fields are among the three discoveries made by Dana Gas in Egypt’s Nile Delta Basin during the company’s 2012 multi-well...