natural gas

Sisi welcomes transforming Egypt into regional center for gas, oil commerce
Business

Sisi welcomes transforming Egypt into regional center for gas, oil commerce

President Abdel Fattah al-Sisi inaugurated, Tuesday, the Oil and Gas International Conference and Exhibition in Egypt (EGYPS 2017) which is being held in Cairo from February…
Russia’s Rosneft board to discuss buying stake in Shorouk concession in Egypt
Business

Russia’s Rosneft board to discuss buying stake in Shorouk concession in Egypt

The board of Russia's Rosneft plans to discuss buying a stake of up to 35 percent in the Shorouk concession,…
Egypt chases own energy sources as government struggle to meet demand
Egypt

Egypt chases own energy sources as government struggle to meet demand

Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as…
Italian company Eni drills fifth well at super-giant Zohr gas field
Business

Italian company Eni drills fifth well at super-giant Zohr gas field

The Italian petroleum company Eni has announced the successful drilling of its fifth well in the super-giant Zohr gas field…
Eni’s investment in Zohr gas project transcends political controversies: official
Business

Eni’s investment in Zohr gas project transcends political controversies: official

Egypt's ongoing cooperation with Italian oil company Eni in developing the "supergiant" Zohr gas field is so important that it…
Eni subsidiary Saipem wins start-up contract for Zohr gas field
Egypt

Eni subsidiary Saipem wins start-up contract for Zohr gas field

The Italian oil services company Saipem has been awarded the contract for the accelerated start-up of Egypt's "super-giant" Zohr gas…
BP, Eni announce new gas discovery off Egyptian coast
Egypt

BP, Eni announce new gas discovery off Egyptian coast

Energy majors BP and Eni on Thursday announced a significant natural gas discovery off the Egyptian coast.The discovery is in…
Official denies suspension of BG Egypt gas development projects
Business

Official denies suspension of BG Egypt gas development projects

A Petroleum Ministry official has denied media reports that BG Egypt, affiliated to Royal Dutch Shell, has suspended work at…
Eni to invest US$2 bn in Egypt in 2017: official
Business

Eni to invest US$2 bn in Egypt in 2017: official

The Italian multinational oil and gas company Eni will add US$2 billion to Egypt's investments in the first quarter of 2017 through its Zohr natural gas…
Egypt’s Midor signs US$1.2 billion loan agreement
Business

Egypt’s Midor signs US$1.2 billion loan agreement

Egypt's state-owned Middle East Oil Refinery Company (Midor) has signed an initial loan agreement with three banks for US$1.2 billion,…
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