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Oil Ministry targets 14 Mediterranean exploration wells with up to 12 tcf of potential gas reserves
The drilling push comes as a new seismic survey gets underway off Port Said and as the state looks to…
The gov’t wants to add nearly 330 mmcf / d to domestic gas production by year-end, mostly from Zohr and West Mina
The move is part of a larger upstream push, but a significant rebound for domestic output isn’t going to materialize…
Foreign firms to invest some USD 340 mn on oil and gas exploration
PLUS- Oil Ministry completed the drilling of the exploratory well North Lotus Deep-1 in the Western Desert
Gov’t sets pricing and payment terms for summer LNG supply agreements
Hello all you wonderful people, and happy Sunday. Today we have a packed issue for you, with all the latest…
BP completes drilling of two new wells at its Raven natural gas field. PLUS: Eni, Steigenberger + Marriot
The firm invested some USD 400 mn on the drilling operations
BP and Shell to add 125 mn cbf of daily gas production in 2026 with USD 370 mn project
The project will be carried out by the Pharaonic Petroleum Company, a JV between BP and EGAS
Egypt to lease second LNG floating regasification unit starting 2H 2025
Egypt will lease the unit from the US-based New Fortress Energy
Cairo Housing’s bid for a larger stake in United Housing moves forward. PLUS: News from Eastern Company, EverGrow, GASC
Cairo Housing and Development last month announced that it would submit an MTO for a stake in United for Housing…
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