Egypt

MoP and Schlumberger Announce Launch of the Egypt Upstream Gateway

The Egyptian Ministry of Petroleum and Schlumberger announced today the launch of the Egypt Upstream Gateway, an innovative national project for the digitalization of subsurface information

Energean and EGPC JV partners award NEA/NI iEPCI™ contract to TechnipFMC

Energean plc, the gas producer focused on the Mediterranean, announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, has signed an integrated EPCI iEPCI

BP Checks in with Egypt ahead of Raven Project Start

A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.

BAPETCO and Rashpetco Investments for 2021 Exceed $500M

The Petroleum Ministry has put the total value of investments of Badr El-Din Petroleum Company (BAPETCO) and Rashid Petroleum (Rashpetco) and Burullus Gas Company during the fiscal year 2021-2022 at about $519 million.

Egypt Gas Reaches Profits of LE 84.6M During 2020

Egypt Gas recorded a decline in its profits during 2020 by 48.7 percent

Egypt Plans $179m Boost for National Gas Network

Egypt is planning to invest 2.8 billion Egyptian pounds ($179 million) in its natural gas network this year.

Altus Expands Footprint in Egypt with Four New Licenses

The Abu Diwan project, located 30 km north-east of the historic El Sid gold mine, which contributed around 45% of Egypts gold production during the 20th century.

Egypt Seeks to Support Development Efforts in Iraq as Part of oil-for-reconstruction Deal

Egypt is seeking to strengthen cooperation ties with Iraq via supporting development efforts in the country as part of an oil-for-reconstruction agreement reached between Cairo and Baghdad