Egypt

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

SIDPEC Selects Honeywell to Support Petrochemical Complex Expansion

Honeywell Process Solutions (HPS) announced, on Tuesday, that its technology has been selected by Sidi Kerir Petrochemicals Company (SIDPEC) in the upgrade of the latter production capabilities at its Alexandria petrochemical complex.

Egypt Set To Launch Next Oil and Gas Auction This Month

Egypt state oil and gas companies are set to launch the country new oil and gas exploration bid round by the end of this month, the petroleum minister said a month after the North African nation signed exploration agreements with international oil majors.