Egypt

El-Molla recognizes Kuwait Energy Egypt in the Operational Excellence awards

Kuwait Energy Egypt has been recognized two awards during 8th Egypt Oil and Gas Convention for the year 2022 that took place from 27-29 of November

TotalEnergies Marketing Egypt and valU partner

TotalEnergies Marketing Egypt and valU, partner to offer affordable financing and payment solutions aiming to support TotalEnergies customers through their journey inside the service stations. Through this partnership TotalEnergies Marketing Egypt aims to provide innovative payment solutions to Egyptian customers.

Egypt to export 90% of its LNG quota to EU countries this year, says minister

Egypt will be ramping up its exports of liquefied natural gas (LNG) this year, which is expected to exceed eight million tonnes in 2022, up by 14 percent compared to 2021, amid the scramble among European countries for gas supplies to tide over this winter.

Bp Egypt awarded two exploration blocks in the Mediterranean offshore Egypt

bp Egypt announced it has been awarded two more exploration blocks in the Mediterranean offshore Egypt by the Egyptian Natural Gas Holding Company: the Northwest Abu Qir Offshore Area, in which bp as the operator, holds 82.75% and Wintershall-Dea holds 17.25% and the Bellatrix-Seti East Offshore Area, in which bp and Eni , the operator, each hold a 50% share

Eni Drills Huge Egypt Gas Prospect

Eni has begun drilling the Thuraya prospect on the Northeast Arish block in the Egyptian Mediterranean.

Elsewedy Electric to set up operation in Saudi Arabia as cross-national ties deepen

Elsewedy Electric is all set to establish a new firm in Saudi Arabia with a capital of SR500,000 ($133,048), as trade relations between the countries deepen.

AIIB joins Egyptian initiative to support installation of 10GW of renewables by 2028

The Asian Infrastructure Investment Bank (AIIB) has joined a partnership agreement with the Egyptian government, expected to mobilise US$10 billion in investments to deploy 10GW of solar and wind by 2028.

UOG’s ASH-4 Production Flow Rates Reach 2,101 bbl/d

United Oil & Gas PLC (UOG) announced that the preliminary tests for its ASH-4 showed that its production flow rates reached 2,101 barrels of per day (bbl/d) of oil in addition to 3 million standard cubic feet per day (mmscf/d)