Egypt

Egypt hikes fuel prices amid global inflationary pressures

The Egyptian government increased fuel prices by nearly three percent on Friday, as global inflationary pressures spike in the wake of Russia war on Ukraine.

Eni Makes Oil And Gas Discoveries In Egypt Western Desert

Italian oil major Eni has made new oil and gas discoveries in the Meleiha concessions in Egypt Western Desert, for approximately 8,500 barrels per day of oil equivalent.

Egypt to maximise gas production and LNG exports to Europe following deal with Eni

Italian oil and gas company Eni and Egypt EGAS have agreed for the latter to increase the production and supply of gas to Europe.

Egypt, Jordan discuss cooperation in natural gas delivery projects

El-Molla reviewed Egyptian experiences in delivering natural gas to homes and their success in covering more than 13.5m housing units with natural gas after doubling the delivery rate to 1.2m housing units annually during the last four years

TGS, Schlumberger set for second 3D seismic survey offshore Egypt

Norwegian seismic player TGS has announced a new 3D seismic survey in the Egyptian Red Sea, to be conducted in partnership with Schlumberger. The survey represents the second phase of new acquisition for the partners in this region and will encompass a minimum of 5,000 square kilometers.

Petrojet Revenues Reach EGP 34.2bln in 2021

The company also achieved an unprecedented volume of contracts worth EGP 60 billion during 2021, an increase of 13.2% from 2020, and the contracts included projects inside Egypt worth EGP 58.2 billion and contracts outside Egypt worth EGP 1.8 billion, in addition to the success in securing a business volume with a total value of EGP 75 billion. These projects include ongoing ones from previous years and new bonds covering up to 2026.

QatarEnergy teams up with ExxonMobil on attractive Egyptian deepwater block

State-owned giant QatarEnergy has signed a deal with US supermajor ExxonMobil to come on board a key deep-water exploration licence offshore Egyp

ExxonMobil Egypt Expands its Network in New Cairo

ExxonMobil Egypt has opened new services and fuel supply stations in New Cairo City, The latest one was Mobil Madinaty station at East Cairo which came after a short time from the opening of Concord Plaza station in the Fifth Settlement