Egypt

bp unveils plans to drill four exploratory gas wells in Egypt

British oil and gas company bp is planning to drill four wells for natural gas exploration in Egypt during the fourth quarter of this year, reported Egypt Independent, citing the Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla.

EGYPES 2024 Set to Elevate Emerging Start-ups and Revolutionary Low Carbon Tech through CLIMATECH Challenge

In line with Egypt ambition to be a global energy trading hub and its target to reduce 10% greenhouse gas emissions by 2030, the seventh edition of the Egypt Energy Show (EGYPES) is set to introduce the CLIMATECH Challenge, an initiative that is a collective response to climate change, featuring start-ups that are creating value and offering innovative solutions to accelerate net-zero greenhouse gas emissions.

British oil major BP to invest $3.5 bln in Egypt in 3 years: CEO

The British multinational oil major BP said its investment plans with partners in Egypt in the fields of search, exploration and development amount to $3.5 billion over the coming three years.

ElMolla Inspects Land for New Petrochemical Projects in Alamein

Tarek El-Molla, Minister of Petroleum and Mineral Resources, inspected the land for new petrochemical projects in the industrial zone in the new city of El Alamein.

Egypt announces new oil discovery in Gulf of Suez

Egyptian petroleum ministry on Tuesday announced a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez.

US energy company Apache Corporation pledges $1.4 bln investments in Egypt next year

The US-based energy company Apache Corporation plans to invest around $1.4 billion in Egypt in 2024, stated John Christmann, CEO and President of Apache parent company APA Corporation, during a meeting with Egyptian Prime Minister Mostafa Madbouly.

IPR Energy Group Announces Major Discover in Alamein, Western Desert, Egypt

Texas-based IPR Energy Group (IPR) is pleased to announce a major find in the Alamein/Yidma Concession

BP hands out multi-million deal for mega gas project in Mediterranean Sea

UK-headquartered energy giant BP has hired a compatriot drilling waste management specialist, TWMA, for its large-scale gas project off Egypt. This deal is worth up to $15 million.