Zohr gas field

Egypt adds 15th developmental well to Noroos gas field
Egypt

Egypt adds 15th developmental well to Noroos gas field

  Minister of Petroleum Tarek al-Mulla announced the addition of the “Niduko South West 3” well to the production map…
Eni reveals second oil discovery in Egypt’s Western desert
Egypt

Eni reveals second oil discovery in Egypt’s Western desert

  Italian drilling company Eni revealed the discovery of a second oil well in Egypt’s Western Desert, according to press release…
Egypt’s Noor reserves will rank among the largest gas fields worldwide: Eni
Egypt

Egypt’s Noor reserves will rank among the largest gas fields worldwide: Eni

  Sources from the Ministry of Oil said on Saturday that the ministry has discussed new exploration plans for the…
UAE’s Mubadala purchases 10% stake in Shorouk concession area
Business

UAE’s Mubadala purchases 10% stake in Shorouk concession area

  Petroleum Minister Tarek al-Mulla signed a final contract with the UAE’s Mubadala Petroleum, Italy’s Eni, and the Egyptian Natural Gas…
Egypt takes another step to become self-sufficient with natural gas by the end of 2018
Economy

Egypt takes another step to become self-sufficient with natural gas by the end of 2018

Italian gas company Eni announced it has begun operating its third production unit in Zohr gas field. The move will…
Egypt to provide UK with LNG Shipment soon: LNG World News
Egypt

Egypt to provide UK with LNG Shipment soon: LNG World News

The UK is expected to receive liquefied natural gas (LNG) shipments from Egypt’s Shell-operated Idku liquefaction plant soon, according to…
16 natural gas projects worth $25 bn planned in Mediterranean
Business

16 natural gas projects worth $25 bn planned in Mediterranean

Minister of Petroleum and Mineral Resources Tariq al-Mulla said that Egypt has many opportunities to support the growth of gas…
Egypt has strong combat capabilities in securing East Mediterranean gas: Armed Forces
Egypt

Egypt has strong combat capabilities in securing East Mediterranean gas: Armed Forces

Armed Forces Spokesman Tamer al-Refaei said in a statement on Tuesday that the Egyptian Navy is implementing security procedures in the area…
Egypt to achieve gas self-sufficiency with production of 6bn cubic feet by end of 2018: Oil Minister
Business

Egypt to achieve gas self-sufficiency with production of 6bn cubic feet by end of 2018: Oil Minister

Minister of Oil Tarek al-Mula stated on Sunday that Egypt’s natural gas production had reached 5.5 billion cubic feet, and is…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Business

Fitch Ratings raises Egypt’s financial outlook to ‘positive’

Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
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