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Egypt signs several oil and gas agreements, mulls even more
The volume of oil and gas news stepped up a gear yesterday amid a flurry of activity on the second…
Egypt, ExxonMobil sign USD 332 mn in oil and gas agreements
Egypt, ExxonMobil sign USD 332 mn oil and gas agreements: The Oil Ministry has signed two new agreements with ExxonMobil…
EGPC borrows USD 500 mn from Afrexim, NBE to finance crude imports
The Egyptian General Petroleum Corporation (EGPC) will borrow USD 500 mn from the African Export-Import Bank (Afrexim) and the National…
Dragon Oil completes acquisition of BP Gulf of Suez assets
M&A WATCH- Dragon Oil completes USD 500 mn acquisition of BP’s Gulf of Suez assets: Emirates National Oil Company (ENOC)…
Israeli gov’t green-lights gas exports to Egypt
Israel green-lights gas exports to Egypt: Israeli Energy Minister Yuval Steinitz yesterday gave the all-clear for Israel to begin exporting…
Eni to bring third Baltim South West well online by the end of the year
Eni will link the third well in its Baltim South West field to the national grid by the end of…
Egyptian General Petroleum Company allegedly polluting Ras Ghareb waters
Environment agency files complaint against EGPC for polluting Ras Ghareb beach: The Red Sea regional branch of the Egyptian Environmental…
BP, Eni begin production from two Baltim South West field in Egypt’s Delta
BP and Eni have begun production from the first two exploration wells in the Baltim South West offshore natural gas…
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