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Egypt reduces natural gas production amid lower demand
The Oil Ministry has reduced Egypt’s natural gas production to 6 bcf/d, from 7 bcf/d after lower domestic and international…
Energy
EFIA to push gov’t to float natural gas price for all industry sectors
EFIA lobbies for new natgas pricing mechanism: The Egyptian Federation of Investors Associations (EFIA) will ask the Finance Ministry to…
Russia to issue 20 tenders for Dabaa nuclear power plant
Rosatom’s Atomstroyexport (ASE) aims to issue 20 tenders for construction and management projects for the USD 30 bn Dabaa nuclear…
Production at Shell’s Rashid and Burullus fields rises to 290 mcf/d in September
Royal Dutch Shell’s natural gas output from the Rashid and West Nile Delta Burullus fields increased to 290 mcf/d in…
Siyuan-MEGA consortium to set up power plant in Egypt’s Wadi El Natrun
A consortium of Shanghai Siyuan Electric and local firm MEGA for Construction and Industries has signed a contract with the…
AFD earmarks EUR 1 bn for Egypt development projects over coming 4 years
The French Development Agency (AFD) has allocated EUR 1 bn to fund projects in Egypt over the coming four years,…
Public sector inefficiency hampers Egypt’s potential to be “renewable energy heaven” -EBRD
Egypt is not fulfilling its renewable energy potential due to public sector inefficiency, the European Bank for Reconstruction and Development’s…
United Oil & Gas’ acquisition of Rockhopper Egypt on track to close by 4Q2019
M&A WATCH- United Oil & Gas’ acquisition of Rockhopper Egypt “progressing well”: Rockhopper Exploration’s sale of its Egypt business to…
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