Latest news
BP and associates will invest $12 billion in Egypt gas transaction
British oil firm BP hopes to invest approximately $12 billion with its associates as part of a concluded West Nile Delta concession agreement to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates.
read more... 09/03/2015
Egypt working on oil and gas exploration agreements estimated at $9.2 billion
Egypt works on three major oil and gas agreements estimated at $9.2 billion, after attracting investment of approximately $2.9 billion for oil and gas exploration in only a year, as stated by a representative of the energy ministry.
read more... 06/02/2015
Egypt inks an agreement with Trafigura for 33 LNG cargoes
Egypt has inked an agreement with trading house Trafigura to import 33 shipments of liquefied natural gas (LNG) spread over 2015 and 2016, the lion's share of a transaction settled with trading firms, as stated by the energy ministry on Thursday.
read more... 06/02/2015
Egypt: gas exploration agreement with France’s Total
Egypt has signed a gas exploration agreement with French energy firm Total estimated at $20 million, as stated by the oil ministry on Thursday.
read more... 23/01/2015
Eni to seize two more oil and gas fields in Egypt
Italian energy giant Eni inked two concession agreements for the North Leil and Karawan blocks offshore Egypt, as a result of the EGAS 2013 bid round.
read more... 16/01/2015