Egypt

Exclusive: Wintershall Dea to Drill 3 New Wells in East Damanhur Block

During its ANNUAL PRESS CONFERENCE 2021. Paul Smith, wintershalldea CFO told Petroleum Today Magazine about the updates in the development plan of East Damanhur block

Egypt Announces Oil and Gas Bid Round for 24 Blocks

Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks

Billionaire Sawiris Joins Egypt Gold Rush After Rules Relaxed

One of Egypt richest men is joining the rush to explore the nation untapped gold deposits as a shakeup in regulations attracts investors

MoP and Schlumberger Announce Launch of the Egypt Upstream Gateway

The Egyptian Ministry of Petroleum and Schlumberger announced today the launch of the Egypt Upstream Gateway, an innovative national project for the digitalization of subsurface information

Energean and EGPC JV partners award NEA/NI iEPCI™ contract to TechnipFMC

Energean plc, the gas producer focused on the Mediterranean, announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, has signed an integrated EPCI iEPCI

BP Checks in with Egypt ahead of Raven Project Start

A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.

BAPETCO and Rashpetco Investments for 2021 Exceed $500M

The Petroleum Ministry has put the total value of investments of Badr El-Din Petroleum Company (BAPETCO) and Rashid Petroleum (Rashpetco) and Burullus Gas Company during the fiscal year 2021-2022 at about $519 million.

Egypt Gas Reaches Profits of LE 84.6M During 2020

Egypt Gas recorded a decline in its profits during 2020 by 48.7 percent