Egypt

Eni Wins 2 Blocks Outright in Egypt Oil and Gas Exploration Round

Eni was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright, according to results from the petroleum ministry.

Egypt launches gas and oil exploration bidding round

petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25.

Shell, KUFPEC partner to explore Egypt’s Mediterranean Block 3

Shell plc. subsidiary BG International Limited has signed a Farm-Out Agreement (FOA) with Kuwait Foreign Petroleum Exploration Company (KUFPEC), under which KUFPEC will acquire a 40% stake in Block 3 (North East El-Amriya) in the Egyptian Mediterranean Sea.

Suez Canal Economic Zone, Shell talk cooperation on green hydrogen projects

Chairman of the General Authority for the Suez Canal Economic Zone, Walid Gamal El Din, concluded his visit to the Kingdom of the Netherlands, after holding extensive meetings with major international companies operating in the maritime transport and port sectors, and ship bunkering activities with traditional and green fuels.

Egypt approves GASCO project to increase capacity of Western Desert Gas Complex

Cabinet approves GASCO project to increase capacity

Egypt firm signs deal with Jordan’s first gas-run industrial zone

An Egyptian company will supply natural gas to the first industrial zone to be run by gas in Jordan under an agreement signed recently

Chevron to pump $3bln into Narges field development over 2 years

The US-based Chevron will inject initial investments worth $3 billion to develop Narges natural gas field in the Egyptian Mediterranean waters during the first half (H1) of 2024

Mwafi: Petrobel Production Exceed 90 mln barrels last year

Khaled Mowafi, Chairman of Belaim Petroleum Company (PETROBEL) announced that his company produced oil, natural gas, butane, and condensates of 93 million barrels of oil equivalent (mmboe) during the fiscal year 2022/23.