Egypt

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

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.

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.

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

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.

Mohamed Abdel Aziz Appointed as GASREG Chairman

Prime Minister Mostafa Madbouly has issued a decree appointing Mohamed Abdel Aziz as Chairman of Egypt Gas Regulatory Authority (GASREG)

BP agrees to sell Egyptian oil assets to Dubai's Dragon Oil

BP said it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil for an undisclosed sum.

QatarEnergy acquires 40% stake of two blocks offshore Egypt

QatarEnergy said it had acquired two offshore gas exploration blocks from Egypt with a 40-percent participating interest, in a deal with US multinational firm ExxonMobil.