United to Double Spending in 2021, Driven by Egypt

United Oil & Gas expects production to rise slightly in 2021, while capital expenditure will double primarily as a result of drilling two wells in Egypt.

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Petroleum Ministry Aims to Transform Egypt into Regional Energy Hub

Minister of Petroleum and Mineral Resources Tarek El-Molla said on Sunday that the Ministry aims to transform Egypt into a regional hub for trading

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Egypt has passed peak of second coronavirus wave

Egypt has recorded a significant decrease in the number of COVID-19 cases, leading officials to believe that the country has passed the peak of the second wave.

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Altus Strategies granted licence for gold exploration in Egypt

Mining royalty company Altus Strategies has signed an agreement with the Egyptian Mineral Resources Authority (EMRA) to receive gold exploration licence in the country

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ADES Bags Jack-up Rig Deal in Gulf of Suez

Oil and gas drilling rig contractor ADES has secured a new contract for the Admarine 5 jack-up drilling rig

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Misr Chemical Ind Obtains a New EGP 130 mln Evaporation Unit

Misr Chemical Industries Company (MICH) is planning to obtain a new Evaporation Unit, worth EGP 90m-EGP 130m, and which increases liquid soda concentration and its volumes by 5%-10%

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Energean Sanctions $235M Subsea Tieback Project in Egypt

Oil and gas company Energean on Thursday announced that Final Investment Decision has been taken on the North El Amriya and North Idkunea (“NEA/NI”) concession subsea tieback project offshore Egypt.

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New Oil Discovery in Egypt Western Desert Meleiha Concession

Apex International Energy which is backed in part by UK energy investment firm Blue Water Energy today announced a new oil discovery in Southeast Meleiha Concession located in the Western Desert of Egypt

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