Egypt

BP to inject $1.5bln for Egypt development, exploration activities

Global oil major BP said it plans to inject up to $1.5 billion in exploration activities in Egypt within the next years, with the potential of pumping further investments worth nearly $5 billion.

EGPC, Dragon Oil Ink Commercial Agreement

The Egyptian General Petroleum Corporation (EGPC) and Dragon Oil inked a deal to commercialize production from the North Safa and Alwasl fields in the Gulf of Suez.

PETRONAS Lubricants International Strengthens its Presence in Egypt Through EV For Petroleum Services

Petronas Lubricants International (PLI) has increased its global investment in research and development by 60% since 2021 to provide advanced technologies to produce high-quality products.

TAQA Reaffirms Commitment to Net Zero Ready Workforce at EGYPES 2024

Announcing Sustainable Academy

Taqa Arabia, Shell, and others compete for Wataniya Petroleum

Several companies are vying to acquire some of the fuel stations owned by Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO)

ADES scores contract extensions for jackup trio in Egypt

Saudi oil and gas driller Advanced Energy Services (ADES) has secured a contract extension for three of its jackup rigs operating offshore Egypt.

Egypt raises estimates for crude oil prices for FY2023/24

Egypt has raised its estimates for Brent crude oil price by 6.25% in the current fiscal year budget to $85 per barrel

Egypt, Bulgaria sign MoU to boost natural gas cooperation

Egypt and Bulgaria, Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, alongside Bulgaria Minister of Energy, Rumen Radev, inked a memorandum of understanding (MoU) to boost cooperation in the field of natural gas.