Saudi Arabia and Russia announced Monday that they would make additional cuts to oil supply as a global economic slowdown hangs over the outlook for energy demand. Saudi Arabia — the world’s biggest exporter of crude oil — said it would extend a cut of 1 million barrels a day …
Read More »Egypt Signs Agreement with Norway to Export Renewable Energy to Europe
The Egyptian Electricity Transmission Company signed a memorandum with Norwegian company Scatec ASA to start studies for the electrical interconnection project between Egypt and Europe to export renewable energy via Italy. The memorandum was signed on behalf of the Egyptian Electricity Transmission Company by Chairman of the Board of Directors …
Read More »Germany and Norway will Build a Big Hydrogen Pipeline
Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power producer RWE and Norwegian state-owned energy firm Equinor on Thursday announced plans to build hydrogen-fueled power plants in Germany over the next few years, as well as a major pipeline …
Read More »Egypt Signs Two New Oil Drilling Agreements
The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.
Read More »Egypt Fined $2 Billion over Natural Gas Dispute
Egypt has been importing liquefied natural gas over the past years.
Read More »Egypt Starts Largest Gas Analysis Lab for the Zohr Field
The laboratory gives the correct measurements of the natural gas and associated liquids upon which permissible standards and ratios are calculated.
Read More »BP will Dig Its First Exploratory Well in Gulf of Suez
The project is awaiting completion of security approvals and the licenses necessary to start drilling.
Read More »Egypt Adds 15th Developmental Well to Noroos Gas Field
The Nile Delta has been producing gas for five decades.
Read More »Egypt Signs 3 Contracts for Oil and Gas Exploration Worth $79 Million
American companies are an important partner and a key player in the production of oil and gas in Egypt.
Read More »Iraq Agreed with Egypt on Establishing Joint Oil Companies
Iraq enjoys an excellent geographic location that overlooks each of Iran. Turkey and the Arab world from the other side.
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