Saipem, Petrojet win contract for Egypt’s first polybutadiene plant

Saipem awarded Egypt’s first polybutadiene plant, in consortium with Petrojet, for an overall amount of approximately 150 million USD.

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Pharos Energy exits group looking to acquire Shell’s Western Desert assets

On 6 March 2020, Pharos Energy confirmed that it was in the preliminary stages of evaluating the acquisition, as part of a consortium, of Shell Egypt’s upstream portfolio in the Western Desert in Egypt (‘Western Desert Assets’).

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Schneider Electric offers free services for companies in the Middle East and Africa

Schneider Electric will not charge fees from organizations that participate in EcoStruxure Asset Advisor for the safe monitoring of energy and cooling for the next four months; the solution provides remote monitoring, repair and management of on-site equipment, Edge configurations, and data centers.

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Production starts from two new natural gas wells in the Mediterranean

The petroleum sector succeeded in putting the two new wells "Zohr 17" and "Baltim Southwest 7" of natural gas to production in the Mediterranean region

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The new prices for gasoline and petroleum products in egypt

The automatic pricing committee for petroleum products met today and decided to modify the price

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SDX Energy makes commercial discovery at Egypt’s Sobhi well

SDX Energy, the MENA-focused oil and gas company, said it Egypt well in the South Disouq exploration permit onshore Nile Delta struck high-quality bas-bearing sands.

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The petroleum, tourism and aviation ministers are discussing cooperation in implementing the flight stimulus program

Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, and Dr. Khaled Al-Anani, Minister of Tourism, Antiquities and Pilot Mohamed Manar Anaba, the Minister of Civil Aviation, held a meeting at the headquarters of the Ministry of Petroleum and Mineral Resources

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Approving the results of the Egyptian drilling company EDC 2019, Al-Mulla: this year is exceptional

Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, affirmed that the Egyptian drilling company and the state’s full possession of it is a strategic decision supported by full confidence in the Egyptian petroleum cadres

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