Egypt

Petroleum ministry dispels rumors about withdrawing Eni's drillship from Zohr

The drillship has been operating in the North East Hapy Offshore in the Mediterranean

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Egypt to pay 20% of foreign oil companies’ $4.5 Billion dues by June

As of March, arrears to international oil and gas companies were estimated to hover at around USD 6.25 billion, of which USD 1.5 billion — approximately 20% — were settled after the inflow of hard currency from the country IMF and Ras El Hekma deals

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Egypt receives seven offers to buy Wataniya company for petroleum products

Egypt received seven international and local offers to acquire shares in the National Company for Petroleum Products Marketing and Distribution (Wataniya)

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Wepco mulls $420 mln expansion of oil storage infrastructure at its Al Hamra Terminal

Wepco is planning to process 95 mn barrels of oil during the next fiscal year — an average of 260k barrels per day

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El-Mulla Meets with Chilean Ambassador and Enap Sipetrol Officials

Enap currently operates the East Ras Qattara concession in the Western Desert with a 50% share and owns a 100% stake in the West Amer concession in the Eastern Desert.

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TAG Oil announces promising results from well in Egypt’s Western Desert

TAG Oil Ltd. has released initial production test results from its BED4-T100 horizontal well, showcasing impressive oil output.

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Egypt Gas’s profits grow 48% YoY in Q1 2024

Established in 1983, Egypt Gas provides a wide range of services in the oil and gas field

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Egyptian Center of Excellence for Energy Transition Signs MoU with Carbon Limits

The Center of Excellence for Energy Transition, affiliated with the oil and gas sector, has signed a memorandum of understanding (MoU) with the Norwegian company Carbon Limits, which specializes in measuring and reducing methane emissions from the petroleum industry.

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