Egypt

AMOC swings to profit

Alexandria Mineral Oils Company (AMOC) achieved a consolidated net profit of EGP 103.312 million in the fiscal year 2020

Enppi is one of the top ten oil and gas general contracting companies in the Middle East

Enppi company has achieved a leap in 2020 with a 50% increase in its contracts, compared to 2019, despite the Covid-19 pandemic crisis

LOC to Provide Marine Warranty Services for Petrobel Offshore Activities

Egyptian oil and gas company Petrobel, a joint venture between EGPC and Eni, has awarded a two-year contract to marine engineering consultancy LOC for the provision of marine warranty services to

Egypt Eyes LNG Exports to Asian Markets

For the first time in eight years, Egypt resumed operations of its two liquified natural gas (LNG) stations in Damietta and Idku, north of Cairo, in a bid to restart exporting gas through China, Japan and India to Asia, and through Greece and Cyprus to Europe

Shell Egypt Signs 2 Agreements for Exploration in Western Mediterranean

Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new agreements with Shell Egypt for investments in the area of the Herodotus Basin in deep waters in the western Mediterranean

Iraq, Egypt Discusses Expanding Oil Pipeline Project

Iraq and Egypt held discussions on the possibility of expanding the Basra-Aqaba oil pipeline to Egypt to provide a new outlet for Iraqi oil exports to North Africa

Egypt to Witness 9% Increase in Natural Gas Production

Egypt natural gas production is expected to reach 7.2 billion cubic feet per day in the fiscal year 2021-2022, a 9 percent increase of the predicted amount last year, according to the Petroleum Ministry

Shell: No Intention to Exit Offshore Assets in Egypt

the companys investment portfolio is one of the largest oil companies operating in Egypt.