Egypt

News
December 10, 2020
Egypt, which started a sweeping economic reform program about four years ago, has been reworking to revamp and re-energize state-owned companies and attract foreign investors who have so far largely been attracted to the North African nation’s debt market and energy industry.
News
September 22, 2020
Greece, Italy, Egypt, Israel and two other countries will form a permanent organization to promote co-operation over natural gas in the Eastern Mediterranean. Turkey, which has raised tensions by exploring for the fuel in contested waters, is not as yet included.
News
September 15, 2020
Acoustic Data’s SonicGauge technology will deliver real-time surface-read-out of downhole pressure and temperature on post-frac well tests via acoustic telemetry at the project.
News
May 07, 2020
Neptune Energy announced the successful completion of an ocean bottom node (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis.
News
January 15, 2020
Egypt began receiving natural gas from Israel, enacting a deal initially worth $15 billion that’s part of the North African country’s plan to become an energy re-export hub on Europe’s doorstep. Israeli gas stocks rose.
News
February 22, 2018
Egypt said it was settling financial disputes with an Israeli electricity company and a key pipeline operator to turn a $15-billion deal to import gas from the Jewish state into reality.
News
February 21, 2018
Cyprus is nearing an agreement to sell natural gas to Egypt, marking the second potential supply deal in as many days with the North African country vying to position itself as a regional energy hub after the startup of the giant offshore Zohr field.
News
February 20, 2018
Egypt faces a possible over-abundance of natural gas after two Israeli companies proposed a $15 billion supply deal.
News
February 19, 2018
Noble Energy, Inc., has announced that it has signed agreements to sell significant quantities of natural gas from Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.
News
February 19, 2018
Noble Energy Inc. and Delek Drilling-LP, the lead partners in Israel’s largest gas fields, said they signed a $15 billion agreement to export gas to Egypt’s Dolphinus Holdings.
News
February 12, 2018
BP today announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate.
News
January 31, 2018
Egypt is working with Eni SpA, operator of the giant Zohr gas field, to fast-track output and end the country’s need to import LNG.
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
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