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30 wells will be drilled to extract gas from limestone layers in Western Desert
Egypt needs to speed up licensing procedures to encourage investors despite conditions
Apache completed drilling two horizontal wells in limestone layers in Western Desert: source
The debt is promised to be fully repaid by the end of 2016, says petroleum minister
22 automotive manufactures will attend auto show with notable exception of Mercedes Benz
Shell reduced the number of wells to be dug, due to Brent price decline
There may be a will to move toward democracy, but the tools available to the country’s leadership date from another era, says Dutch Ambassador to Egypt Gerard Steeghs
Studies to assess layers and reserves are being conducted to determine required investments, says official
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates
Second well in Apollonia field to be linked to national gas network in 2H of 2016
25% increase in oil and gas reserves of Royal Dutch Shell
A senior official with the Egyptian Natural Gas Holding Company (EGAS) said the company received offers for a gas import tender from BP, Vitol, Trafigura, Golar LNG, and three other companies. The official added that a decision on the financial proposals from applying companies will be made this week. The announcement of the final result …
Three areas in the Delta and eight in the Mediterranean Sea will be offered by EGAS for exploration and research
Around 36 concession agreements in which 153 wells to be drilled have been ratified
Shell and Apache to conduct experiments on shale gas production in the Western Desert
Daily News Egypt talks to Shell Lubricants Managing Director Saher Hashem to find out more about the company’s plans to make itself a market leader in the lubricants sector.
Violence returns to the besieged strip amid failure to broker ceasefire; Israel claims “Gaza terrorists” responsible for latest tragedy
Prosecution begins investigation into the attacks
Decreased gas production is result of slowdown in partners’ development and exploration of wells in light of increasing operation costs
By Mohammed Adel Egypt is facing a gas production crisis and is facing difficulties repaying foreign companies that operate in the oil sector. Shell Egypt Chairman, Jeroen Regtien, spoke to Daily News Egypt on the issues facing the company in Egypt’s current climate. What is the goal for investments to be amassed for the coming …
Egypt looking to secure gas supply during the coming years to keep its power plants running
Company says its “Helix Ultra” is the most advanced oil yet
Haqfet Elgallas becomes the first village to operate with solar lighting
Shell issued a “significant” profit warning for the fourth quarter on Friday, in which it detailed across-the-board problems, less than three months after its third-quarter profits undershot analyst forecasts.
Sources revealed that EGAS negotiated with Shell and other companies to import between 500 and 750 million ft3of gas per day to cover the electricity power stations’ needs.
While the Dutch oil company denied shutting down their offices, several multinational companies have decided to suspend their s operations in the country
The details of the transaction and its price have not been disclosed.