Egypt

Shelf Drilling Clinches $51M Extension for Rig 141 in Gulf of Suez

Shelf Drilling, a leading entity in offshore rig operations, has recently announced a significant contract extension for its Rig 141, operating in the strategic Gulf of Suez, offshore Egypt.

El-Mulla: Natural gas plays key role in achieving SDGs

Minister of Petroleum and Mineral Resources Tarek el Moulla said natural gas plays an important role as a clean energy source in achieving the United Nations sustainable development goals (SDGs) and meeting the growing global needs of energy.

Egypt signs 7 green hydrogen deals worth a potential $40bn

Over $40 billion of green hydrogen and renewable energy investments could be on the way to Suez Canal Economic Zone after a host of new agreements.

BP to inject $1.5bln for Egypt development, exploration activities

Global oil major BP said it plans to inject up to $1.5 billion in exploration activities in Egypt within the next years, with the potential of pumping further investments worth nearly $5 billion.

EGPC, Dragon Oil Ink Commercial Agreement

The Egyptian General Petroleum Corporation (EGPC) and Dragon Oil inked a deal to commercialize production from the North Safa and Alwasl fields in the Gulf of Suez.

PETRONAS Lubricants International Strengthens its Presence in Egypt Through EV For Petroleum Services

Petronas Lubricants International (PLI) has increased its global investment in research and development by 60% since 2021 to provide advanced technologies to produce high-quality products.

TAQA Reaffirms Commitment to Net Zero Ready Workforce at EGYPES 2024

Announcing Sustainable Academy

Taqa Arabia, Shell, and others compete for Wataniya Petroleum

Several companies are vying to acquire some of the fuel stations owned by Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO)