Latest news
Egypt: Eni signs deal for new exploration block
Italian oil and gas conglomerate Eni declared on Friday it had inked a deal to operate a new exploration block in the western desert of Egypt, reinforcing its position in the country.
read more... 12/01/2015
Egypt inks agreement to import LNG from Algeria
Egypt inked an agreement on Monday to import liquefied natural gas from Algeria between April and September, as stated by the oil ministry, since it aims to reduce a chronic energy shortage.
read more... 02/01/2015
Egypt inks its first shale gas deal with Apache, Shell
Egypt has inked its first deal to extract shale gas using fracking technique with Apache and Shell Egypt, announced the Ministry of Oil.
read more... 18/12/2014
BP: investment of $12 billion in Egypt over 5 years, expand gas supplies
British oil giant BP intends to make an investment over $12 billion in Egypt over the next five years, and to double its gas supplies to the domestic market in the next decade, as stated by the country director of BP Egypt on Tuesday.
read more... 10/12/2014
Tamar gas corporation plans improvement, counting pipeline to Egypt
Israel's offshore Tamar gas field could obtain an improvement of $1.5-$2 billion, counting the construction of an undersea pipeline to an export plant in Egypt operated by Spain's Union Fenosa Gas (UFG).
read more... 21/11/2014