Egypt

Petrojet Revenues Reach EGP 34.2bln in 2021

The company also achieved an unprecedented volume of contracts worth EGP 60 billion during 2021, an increase of 13.2% from 2020, and the contracts included projects inside Egypt worth EGP 58.2 billion and contracts outside Egypt worth EGP 1.8 billion, in addition to the success in securing a business volume with a total value of EGP 75 billion. These projects include ongoing ones from previous years and new bonds covering up to 2026.

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QatarEnergy teams up with ExxonMobil on attractive Egyptian deepwater block

State-owned giant QatarEnergy has signed a deal with US supermajor ExxonMobil to come on board a key deep-water exploration licence offshore Egyp

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ExxonMobil Egypt Expands its Network in New Cairo

ExxonMobil Egypt has opened new services and fuel supply stations in New Cairo City, The latest one was Mobil Madinaty station at East Cairo which came after a short time from the opening of Concord Plaza station in the Fifth Settlement

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SDX Strikes Gas in Egypt

SDX Energy said March 22 that it had successfully found gas at an exploration well at Egypt onshore South Disouq field.

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Pharos Energy Sees Egyptian Output Slide

Pharos Energy said March 16 it had seen its group production share in Egypt fall to 8,878 barrels of oil equivalent (boe)/day from 11,373 boe/day in 2020

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El Molla, SAP Push for Unified Digital System in Petroleum Sector

Minister of Petroleum and Mineral Resources Tarek El Molla met with leading figures from German multinational software corporation SAP to discuss the latest developments in digital transformation efforts of the energy sectors in Egypt and the region

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Egypt, Eni discuss preparations to pump investments into Gulf of Suez, Nile Delta

Egypt and Italys giant energy group Eni discussed on Friday preparations to pump new investments into Egypts Gulf of Suez and Nile Delta regions in accordance with an oil exploration deal signed between both sides in Decembe

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Egypt, EBRD discuss reducing carbon emissions, energy transition

Minister of Petroleum and Mineral Resources Tarek El-Molla met with Mark Bowman — the Vice President of Policy and Partnerships at the European Bank of Reconstruction and Development (EBRD) — and his accompanying delegation in Cairo this week to discuss ways to enhance cooperation between the two sides

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