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Membership Emails
Below is a sample of the emails you can expect to receive when signed up to egyptoil-gas.
Petroleum, Higher Education Ministries to Design Program for Technological Universities
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El Molla Rolls Out New Transfers Movement
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Oil Pipeline from Iraq to Egypt, Jordan Gets Considered
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GASTEC to Launch 366 Stations Worth $1 B in Three Years
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Dana Gas, IPR Negotiate Egypt Assets Sale
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WOTECH Supports Petroleum Sector Efforts to Limit Pollution
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Higher Education
New Transfers
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Petroleum, Higher Education Ministries to Design Program for Technological Universities
Tarek El Molla, Minister of Petroleum and Mineral Resources, in cooperation with Khaled Abdel Ghaffar, Minister of Higher Education and Scientific Research, has agreed to design a new technological oil and gas curriculum for new technological universities.
El Molla Rolls Out New Transfers Movement
The Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a new round of transfers within the financial affairs' Vice Presidents (VPs) and Assistants in petroleum sector's companies in his endeavor to support the sector with the necessary competencies.
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Oil Pipeline Extension
Launching New Stations
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Oil Pipeline from Iraq to Egypt, Jordan Gets Considered
The Minister of Petroleum and Mineral Resources, Tarek El Molla, raised the subject of establishing a pipeline to transport crude oil from Iraq to Egypt and Jordan in a meeting with Prime Minister Mostafa Madbouly.
GASTEC to Launch 366 Stations Worth $1 B in Three Years
The Chairman of Gastec company, Abdel Fattah Farahat, stated that the Minister of Petroleum and Mineral Resources, Tarek El Molla, directed towards expanding the establishment of natural gas stations by adding 366 stations at a cost of $1 billion to cover all needs of governorates in the next three years.
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Assets Sale
Pollution Limitation
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Dana Gas, IPR Negotiate Egypt Assets Sale
Dana Gas is currently in negotiations with IPR Energy about the sale of its Egyptian assets ahead of a repayment of about $300 million in debt in October.
WOTECH Supports Petroleum Sector Efforts to Limit Pollution
The Ministry of Petroleum and Mineral Resources stated that Wood Technology Company (WOTECH) is one of its most important petrochemical projects to achieve value-addition and economic revenue.
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NEWSLETTER September 17 2020
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Egypt
International
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Issues
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Summary
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Eni, BP Achieve New Natural Gas Discovery in Egypt's Great Nooros Area
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Al-Sisi Licenses MoP to Contract EGPC, Apache
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Ganope Raises Production by 5% through New Discoveries
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ECHEM Adds Seven New Projects to 2020-2035 Petrochemical Plan
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GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time
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Copetrole Sells 6.5 mmt of Petroleum Products in FY 2019/20
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New Discovery
Contract Licenses
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Eni, BP Achieve New Natural Gas Discovery in Egypt's Great Nooros Area
Eni and BP have announced a new natural gas discovery in Great Nooros Area which is located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.
Al-Sisi Licenses MoP to Contract EGPC, Apache
According to Egypt's official Gazette, President Abdel Fattah Al-Sisi ratified law no. 167 of 2019, allowing the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Apache West Kanayes Corporation LDC to amend the commitment agreement to search for oil in West Kanayes concession in the Western Desert.
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Achievements
Production
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Ganope Raises Production by 5% through New Discoveries
Ganoub El Wadi Petroleum Holding Company (Ganope) drilled seven exploration wells that resulted in two new discoveries in the Geisum and Tawila fields, and Petromeliha field in the Gulf of Suez, which increased production rates by 5%.
ECHEM Adds Seven New Projects to 2020-2035 Petrochemical Plan
Saad Helal, the Chairman of Egyptian Petrochemicals Holding Company (ECHEM), stated that his company is rapidly working on implementing a number of seven new projects to the national plan for the period of 2020-2035.
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Operational Results
Operational Output
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GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time
General Petroleum Company (GPC) has succeeded in achieving a new record for its crude oil production, which exceeded 64,500 barrels per day (bbl/d) for the first time despite the challenges of coronavirus.
Copetrole Sells 6.5 mmt of Petroleum Products in FY 2019/20
Cooperation Petroleum (Copetrole) sold a total of 6.5 million tons of petroleum products in fiscal year (FY) 2019/20, Adel Ayad, the company's Chairman, stated during the company's general assembly.
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NEWSLETTER August 26 2020
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Issues
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Burullus Gas Company to Drill 3 Wells at a Cost of EGP 250 MM
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BAPETCO Produces 114,000 BOE/D During FY 2019/20
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Pharos' Egypt Production Record 5,979 bbl/d in H1 2020
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EGAS, TAQA Arabia to Deliver CNG to El Wadi El Gedid
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Butgasco Distributes 260,000 Butane Cylinders Daily in Upper Egypt
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MoP to Launch 10 Mining Bid Rounds
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Well Drilling
Assembly
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Burullus Gas Company to Drill 3 Wells at a Cost of $250 MM
Burullus Gas Company plans to drill three development wells at the West Delta Deep Marine (WDDM) project valued at EGP 250 million.
BAPETCO Produces 114,000 BOE/D During FY 2019/20
The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels of crude oil and condensates per day as well as 423 million cubic feet of natural gas per day (cf/d).
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Production
Natural Gas
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Pharos' Egypt Production Record 5,979 bbl/d in H1 2020
Pharos' crude production recorded 5,979 barrels of oil per day (bbls/d) during H1 2020 in Egypt.
EGAS, TAQA Arabia to Deliver CNG to El Wadi El Gedid
The Egyptian Natural Gas Holding Company (EGAS) and TAQA Arabia signed a cooperation protocol to deliver natural gas to El Wadi El Gedid by utilizing compressed natural gas (CNG).
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Butane Distribution
Mining Bid Rounds
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Butgasco Distributes 260,000 Butane Cylinders Daily in Upper Egypt
The Chairman and Managing Director of Butgasco, Amr Metwally, confirmed that the company's factory in Sohag is distributing 260,000 butane cylinders per day across some governorates in Upper Egypt including Sohag, Qena and Luxor.
MoP to Launch 10 Mining Bid Rounds
The Ministry of Petroleum and Mineral Resources is planning to launch 10 mining bid rounds to be rolled out every three to four months, Tamer Abu Bakr, the Head of the Petroleum and Mining Industries Chamber in the Federation of Egyptian Industries (FEI) stated.
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Belayim Petroleum Company (Petrobel) has submitted an early termination of the Trident 16 contract with Shelf Drilling. Earlier this year, Petrobel allowed a one-year extension for the Trident 16 jack-up rig contract to end on February 2021.
El Molla: New 12 Petroleum Agreements Worth $1 B
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new 12 petroleum agreements which were approved by the cabinet , are worth a minimum of $1 billion in addition to a $19 million signature bonus for drilling 21 wells.
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Discount Fees
Petroleum Subsidy
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SCA Extends Discount Fees for Crude Oil Tankers
The Suez Canal Authority (SCA) is extending some of its decisions regarding the discounts granted for crude oil tankers passing through the Suez Canal until December 31.
EGP 28.2 B Allocated for Petroleum Products Subsidy in FY 2020/21
Ministry of Finance has allocated EGP 28.2 billion to subsidize petroleum products in fiscal year (FY) 2020/21 budget. The ministry allocated a total of EGP 2.2 trillion to FY 2020/21 budget, increasing from FY 2019/20 budget by EGP 138.6 billion.
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New Payment Services
Centamin
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Petrotrade Launches 12 New Payment Services
Petroleum trading service company (Petrotrade) launched 12 new services for natural gas meter reading and payment to limit the infection of coronavirus (COVID-19).
Centamin Issues Sustainability Report of 2019
Centamin Company has announced publication of its third sustainability report for fiscal year (FY) 2019 according to the Core Global Reporting Initiative (GRI) standards and GRI Mining and Metals Sector Supplement.
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NEWSLETTER July 9 2020
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Egypt
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Issues
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Summary
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House of Representative Approves 12 E&P Bills
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Petrojet Finalizes Berth Project in Damietta
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Egypt Gas, CPC Sign an EGP 11.2 MM Deal
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Car Gas launches New Natural Gas Stations in Qena
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Saipem Wins $325 MM Contract in Brazil
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Sound Energy Renegotiates Exploration Permits in Morocco
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E&P Bills Approval
Berth Project
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House of Representative Approves 12 E&P Bills
The Egyptian House of Representative passed 12 exploration and production (E&P) bills that allow the Minister of Petroleum and Mineral Resources to sign contracts with different oil and gas E&P companies.
Petrojet Finalizes Berth Project in Damietta
Petrojet has succeeded in completing the implementation and establishment of the fourth container berth at Damietta Port.
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Complex Project
New Gas Station
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Egypt Gas, CPC Sign an EGP 11.2 MM Deal
Egypt Gas has signed an EGP 11.2 million contract with Construction Products Holding Company (CPC) to deliver natural gas to the new CPC industrial complex project in Sadat City.
Car Gas launches New Natural Gas Stations in Qena
Natural Gas Vehicle Company (Car Gas) began operating two natural gas conversion stations and maintenance centers in Qena.
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Saipem Contract
Exploration Permit
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Saipem Wins $325 MM Contract in Brazil
Saipem has been awarded a $325 million contract by Brazil's state-run oil company, Petrobras, for the installation of a rigid riser-based subsea system offshore Rio de Janeiro.
Sound Energy Renegotiates Exploration Permits in Morocco
Moroccan focused upstream gas company, Sound Energy, has together with its licence partners renegotiated its Anoual Exploration Permits with Moroccan National Office of Hydrocarbons and Mines (ONHYM).
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REGISTER FOR THE
VIRTUAL ADIPEC 2020?TECHNICAL?CONFERENCE
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2,000+ Virtual Conference Delegates
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900+ Speaking Technical Specialists
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115+ Interactive Sessions
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100+ Hours of Live & On-Demand Streaming
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4 Days of Online and Interactive Conference Sessions
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REGISTER NOW
ADIPEC 2020 VIRTUAL TECHNICAL CONFERENCE
The ADIPEC Virtual Technical Conference is the single largest technical meeting place for oil and gas engineers worldwide, providing unprecedented access to the latest industry knowledge, technical expertise, applications, products, solutions and services.
Organised by the Society of Petroleum Engineers, the ADIPEC Virtual Technical Conference is the place to sharpen your knowledge and share best practices and network with your industry peers from anywhere in the world. Spanning upstream and midstream, the technical sessions have been created by a committee of industry experts, resulting in 115+ virtual technical sessions which you can watch live or on demand.
Organised by dmg events, the ADIPEC Virtual Downstream Technical Conference will drive the conversation on downstream topics that will spur progress and fast track development in everyday refinery and petrochemical operations.
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115+ VIRTUAL TECHNICAL CONFERENCE SESSIONS
ACROSS 18 TECHNICAL CATEGORIES?
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Oil and Gas 4.0
People Development and Diversity
Health and Safety
Geosciences
Oil Field Development and Management
Gas Field Development and Management
Unconventional Resources Development
Enhanced Oil Recovery
Sustainable Solutions for the Oil and Gas Industry
Project Management
Supply Chain Management
Marine Logistics and Operations
Drilling Operations
Well Completions
Operational Excellence
Production Facilities
Refining and Petrochemicals Technology
Circular Economy
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WHY REGISTER FOR THE VIRTUAL CONFERENCES?
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World Class Content ADIPEC Virtual 2020 will provide the thought leadership that will frame the future of the oil and gas landscape and connect global organisations to define new energy business models and strategies, that will shape the industry for the next decade.
Attend Multiple Sessions Delegates can attend more than 100 hours of live and pre-recorded 'on-demand' sessions where they will hear from energy experts as they discuss the latest trends within the Oil and Gas industry.?
Accessibility Delegates can actively participate in the conference from anywhere in the world.
Easy Networking With the AI-based matchmaking service, network with peers before, during and after the event.
Multi-Device Streaming Delegates can access the live and video on demand stream on their choice of device.
Interactive With Q&As and industry polls during the live sessions, participate and get instant answers to queries.
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NEWSLETTER June 22 2020
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Egypt
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Issues
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Summary
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GPC Adds 1,500 Barrels of Crude Oil to Daily Production
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Petroleum Ministry to Construct NGC in Beni Suef
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WEPCO Launches Newest ERP Application
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Misr Petroleum to Establish New Fuel Station in Suez
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MoP to Deliver Natural Gas to 1 MM Households in FY 2020/21
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BP Oman to Launch 500-million-cubic feet gas project
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Production Increase
NGC Plant
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GPC Adds 1,500 Barrels of Crude Oil to Daily Production
The General Petroleum Company (GPC) announced that it managed to add 1,500 barrels of crude oil to its daily production despite the current circumstances and production challenges. This achievement was implemented by revitalizing the company's old fields in the Western Desert and drilling South West Sennan-45 Well, which successfully targeted sandstone reservoir for Abu Rawash C.
Petroleum Ministry to Construct NGC in Beni Suef
The Cabinet has allocated a plot of land to the Ministry of Petroleum and Mineral Resources to construct a natural gas compressor (NGC) plant in Beni Suef. The land, located in the Eastern road in Beni Suef, will be utilized by the ministry to set up a natural gas compressor plant in order to increase the efficiency as well as the pressure of the natural gas grid within the province.
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EPR Application
Fuel Station
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WEPCO Launches Newest ERP Application
The Western Desert Operating Petroleum Company (WEPCO) has launched the newest enterprise resource planning (ERP) application produced by SAP.WEPCO's Chairman, Ibrahim Massoud, said that this application helps in linking data, accelerates deals and supports decision-making through creating a unified system for managing petroleum assets and materials.
Misr Petroleum to Establish New Fuel Station in Suez
Suez Governor, Abd El Megeed Sakr, assigned Misr Petroleum Company to establish a new fuel station at Salah Nassim road in Suez.This came during the governor meeting with the representative of the company to discuss establishing a new station for supplying vehicles with octane, natural gas as well as electric charge.
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Natural Gas Delivery
BP Oman Production
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MoP to Deliver Natural Gas to 1 MM Households in FY 2020/21
The Minister of Petroleum and Mineral Resources Tarek El Molla stated that the ministry aims to deliver natural gas to one million households in fiscal year (FY) 2020/21. In a meeting with Prime Minister Moustafa Madbouly, El Molla reviewed several ongoing projects that are expected to be finished soon.
BP Oman to Launch 500-million-cubic-feet-gas Project
BP Oman has announced that it is set to launch a 500 million cubic feet per day (mcf/d) project from its Ghazeer development in Block 61.This project will effectively increase natural gas output at Block 61 to 1.5 billion cubic feet per day (bcf/d), in line with the 99% completion of Block 61's second phase of BP investment in the facility.
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NEWSLETTER September 10 2020
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Egypt
International
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Issues
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Summary
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Zohr's Daily Production Exceeds 3 bcf
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Sisi Authorizes Petroleum Minister to Contract with Neptune, EGPC for E&P Rights in Gulf of Suez
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Atoll's Natural Gas Production Increases by 28% in FY 2019/20
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UOG Appoints Iman Hill as Independent Non-Executive Director
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Petroleum Sector's ERP Program to Be Finalized by Q4 2021
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Natural Gas Vehicles to Save Citizen EGP 1,200 Monthly
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Production
Contract
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Zohr's Daily Production Exceeds 3 bcf
Zohr field's production capacity now exceeds 3 billion cubic feet per day (bcf/d), representing 40% of Egypt's total natural gas production, Tarek El Molla, Minister of Petroleum and Mineral Resources, stated.
Sisi Authorizes Petroleum Minister to Contract with Neptune, EGPC for E&P Rights in Gulf of Suez
President Abdel Fattah Al-Sisi ratified Law No. 159 of 2019 authorizing the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Neptune Energy.
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Operational Results
New Appointment
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Atoll's Natural Gas Production Increases by 28% in FY 2019/20
Atoll field's production increased by 28% from 250 million cubic feet of natural gas per day (mmcf/d) to 320 mmcf/d during fiscal year (FY) 2019/20, Mohamed Samir, Pharaonic Petroleum Company's (PhPC) Head, stated.
UOG Appoints Iman Hill as Independent Non-Executive Director
United Oil & Gas PLC (UOG) has appointed Iman Hill as an Independent Non-Executive Director. Hill has been in the oil and gas industry for over 30 years and has experience in delivering successful exploration and production (E&P) projects at international oil companies (IOCs).
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ERP Program
Natural Gas Cars
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Petroleum Sector's ERP Program to Be Finalized by Q4 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, asserted that an Enterprise Resources Planning (ERP) program is currently being implemented in the framework of digitizing the petroleum sector, noting that it will be finalized by the end of 2021.
Natural Gas Vehicles to Save Citizen EGP 1,200 Monthly
The Minister of Petroleum and Mineral Resources, Tarek El Molla, said that natural gas usage as fuel will save about EGP 1,200 monthly for each citizen who uses an average 10 liters of gasoline 92 per month.
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NEWSLETTER June 8 2020
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Egypt
International
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Issues
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Brought to you by
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Summary
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Misr Petroleum, Copetrole Issue Modern Certificates for Tankers
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Cabinet Waives EGP 5.3 B of Natural Gas Arrears
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IDSC Issues Two Reports on COVID-19 Impact on Energy Markets
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Aton Cedes 25% of Abu Marawat Concession
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Fujairah Oil Stocks Rebound to Record High
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Eni Creates New Business Structure for Energy Transition
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New Tanker certificates
Natural Gas Arrears
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Misr Petroleum, Copetrole Issue Modern Certificates for Tankers
Misr Petroleum and Co-operation Petroleum (Copetrole) has issued new calibration certificates for new tankers with a modernized and more secure model. The new certificates are more secure than the previous ones as each model includes confidential codes so as not to be replicated in any way.
Cabinet Waives EGP 5.3 B of Natural Gas Arrears
The Cabinet waived EGP 5.3 billion worth of natural gas arrears owed by factories in support of local industries and preserving investments. The Cabinet approved the proposal submitted by the Ministry of Petroleum and Mineral Resources for waiving the natural gas-overdue bills of public and private sector factories.
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IDSC Reports
Concession Ceding
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IDSC Issues Two Reports on COVID-19 Impact on Energy Markets
The Egyptian Prime Minister, Moustafa Madbouly, has received two reports from the Information and Decision Support Center (IDCS) presenting the repercussions of the coronavirus pandemic on the international as well as the local energy markets.
Aton Cedes 25% of Abu Marawat Concession
Aton Resources Inc. ceded 25% of its fully-owned Abu Marawat concession located in the Eastern Desert.The Egyptian Mineral Resources Authority (EMRA) has approved the relinquishment on June 3, and the concession's area has been reduced to 447.7 km?.
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Fujairah Oil stocks
Eni Business Structure
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Fujairah Oil Stocks Rebound to Record High
Oil product stocks have reached new record levels at the United Arab Emirates (UAE)'s East Coast Port of Fujairah due to an increase in heavy fuels used in marine and power industries.
Eni Creates New Business Structure for Energy Transition
Eni's Board of Directors has approved a new business structure for the company, in which two new business groups were created: Natural Resources and Energy Evolution, which transform Eni into an industry leader in the energy transition.
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NEWSLETTER July 20 2020
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Egypt
International
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Issues
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Summary
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Al-Nasr Petroleum Obtains ISO 14001 Certificate
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Gastec Converts 320,000 Cars to Run on Natural Gas
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El Molla Follows up on Natural Gas Delivery Projects
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Petrofac Completes EPCC Project in Oman
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OPEC+ Set to Loosen Record Cuts in August
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OKEA Buys Equinor's Stake in North Sea Licenses
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Iso Certificate
Cars Conversion to Gas
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Al-Nasr Petroleum Obtains ISO 14001 Certificate
Al-Nasr Petroleum Company received ISO 14001 certificate for environmental management systems from Petrosafe for environmental preservation. The certificate was awarded by the German company Tuv Nord
Gastec Converts 320,000 Cars to Run on Natural Gas
Approximately 320,000 cars have been converted to run on natural gas-based fuel instead of gasoline, stated Abdel Fattah Farahat the Head of the Egyptian International Gas Technology (Gastec) company.
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Natural Gas Delivery
Petrofac Oman's Project
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El Molla Follows up on Natural Gas Delivery Projects
The Minister of Petroleum and Mineral Resources, Tarek El Molla, followed up on the national natural gas delivery project, referring to the petroleum sector's success in doubling natural gas delivery to reach 2.3 million housing units during fiscal years 2018/2019 and 2019/2020.
Petrofac Completes EPCC Project in Oman
Petrofac's engineering, procurement, construction management, and commissioning (EPCC) contract for Rabab Harweel Integrated Project (RHIP), has reached its completion in Southern Oman, with support services worth around $1.25 billion.
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OPEC+ Cuts in August
OKEA Acquisition
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OPEC+ Set to Loosen Record Cuts in August
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are set to ease the record 9.7-million barrels per day (mmbbl/d) production cuts as of August as demand has seen a continual rise, Saudi Arabia's Energy Minister, Prince Abdulaziz Bin Salman, said at an OPEC+ meeting.
OKEA Buys Equinor's Stake in North Sea Licenses
Norwegian oil and gas company, OKEA ASA, has signed a Sales and Purchase Agreement (SPA) with Equinor Energy for the acquisition of Equinor's 40% operated working interest in PL195 and PL 195 B in the North Sea located west of the Gj?a field.
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Join the EGYPS live webinar with HE Tarek El Molla, Egypt's Minister of Petroleum and Mineral Resources for a candid conversation about sector modernisation and repositioning for growth.
When? Tuesday 22 September Time zones: 06:30 New York, 11:30 London, 12:30 Cairo, 13:30 Cyprus, 14:30? Dubai
How can you join? Places are limited, register your attendance today
In discussion with the EGYPS team, His Excellency will be sharing updates on the sectors modernisation project in relation to sector milestones and outlines for next steps to realise Egypt's ambitions for expansion and growth.
The conversation will include a spotlight focus on the East Mediterranean Gas Forum (EMGF) and the upcoming signing of the EMGF Statute.
With bilateral trade objectives, the Minister will detail the importance to Egypt of strong regional and international relationships to bolster cooperation and foreign investment.
Finally, aligned with President HE Abdel Fattah El Sisi and Egypt's Vision 2030, we take a look at Egypt's mining and minerals wealth and upcoming plans for sector development, following the introduction of recent new laws approved by the House of Representatives and set to attract foreign investments, benefit local industrial manufacturing and job creation.
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HIS EXCELLENCY TAREK EL MOLLA Minister of Petroleum and Mineral Resources Arab Republic of Egypt
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REGISTER TO ATTEND FOR FREE PLACES ARE LIMITED
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REFER A COLLEAGUE
Wherever you are in the world, we look forward to welcoming you to the EGYPS webinar.
If you need any assistance with your registration, contact us at?egyps.conference@dmgevents.com
Want to know more about the Egypt Petroleum Show? Download the event brochure?and see for yourself how your business can benefit from joining us in Cairo next May.
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NEWSLETTER December 3 2020
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Egypt
International
Reports
Issues
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Brought to you by
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Summary
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El Molla Expects Oil Prices to Average Around $50/bbl in 2021
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Afreximbank, AEICORP Sign Egyptian-Brokered Agreement to Boost Energy Cooperation
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Petroleum Trade Deficit Records $421 MM in FY 2019/20
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TechnipFMC Begins EPC Work at ANOPC's Hydrocracking Complex
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Cairo Gas Commences Polyethylene Networks Project in Abu Dhabi
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Exxon to Spend $16- $19 billion on Investments in 2021
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Prices Outlook
Energy Cooperation
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El Molla Expects Oil Prices to Average Around $50/bbl in 2021
Oil prices are expected to remain at $50 per barrel (bbl) until the end of 2021 when a vaccine is available, Minister of Petroleum and Mineral Resources, Tarek El Molla, stated during the sixth edition of the Mediterranean Dialogue (MED) titled "Beyond the Shock: Rethinking the Energy Industry after COVID-19".
Afreximbank, AEICORP Sign Egyptian-Brokered Agreement to Boost Energy Cooperation
The African Export-Import Bank (Afreximbank) and Africa Energy Investment Corporation (AEICORP) signed a cooperation agreement that was brokered by Egypt to enhance the energy sector.
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Petroleum Balance
Downstream Updates
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Petroleum Trade Deficit Records $421 MM in FY 2019/20
The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year.
TechnipFMC Begins EPC Work at ANOPC's Hydrocracking Complex
TechnipFMC commenced its work on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.
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Polyethylene Project
Investment Watch
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Cairo Gas Commences Polyethylene Networks Project in Abu Dhabi
Cairo Gas has begun a project to extend the polyethylene networks to Etihad Plaza area in Abu Dhabi. Petrojet assigned the project to Cairo Gas in addition to other projects in the Emirate.
Exxon to Spend $16- $19 billion on Investments in 2021
ExxonMobil announced in its business plan that it expects to spend $16-$19 billion in capital and exploration investments during 2021 in addition to $20 to $25 billion annually through 2025 to continue its investment pace.
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Dear Industry Colleague,
Egypt Oil and Gas is delighted to invite you to attend a free virtual roundtable Increasing Investments in Egypt''s Brownfields Opportunities on October 18 at 10:30 am (UTC+02:00).
Roundtable will be held under patronage and with the participation of H.E. Tarek El Molla, Minister of Petroleum and Mineral Resources, our speakers are top executives from the IOCS and technology providers in Egypt. Roundtable hosted and technically prepared by Egypt Oil & Gas (EOG) Technical Committee.
The Roundtable will delve into the topical discussion of optimizing brownfield rejuvenation in Egypt. Within this topic, the role of technology to boost production at brownfields will be covered. Also, the industry experts will weigh in on the economic barriers of using brownfields and discuss how they can be an economically viable investment.
Thank you, and we look forward to welcoming you to our virtual event.
Best regards, EOG Team
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REGISTER NOW
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Meet our Speakers:
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MODERATOR
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?Mohamed Fouad Managing Director Egypt Oil and Gas
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?Abed Ezz El Regal CEO EGPC
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?Samir Abady Deputy CEO for Production EGPC
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?David Chi Vice President and Country Manager Apache Corporation
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?Tameer Nasser Director and General Manager Egypt & Sudan Baker Hughes
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?Dave Thomas CEO Cheiron Petroleum Corporation
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?Tayeb Huwair COO Dragon Oil
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?Colby Fuser Vice President Egypt & Libya Halliburton
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?Giordano Crema Acting General Manager/Operations Manager Ieoc Exploration BV
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?Kamel Al-Sawi President Kuwait Energy Egypt
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?Karim Badawi Managing Director Egypt and East-Mediterranean Schlumberger
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?Khaled Kacem VP Egypt, Country Chairman and Managing Director Shell Egypt
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?Craig Robertson Country Manager and Director Transglobe Energy
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?Sameh Sabry Senior Vice President, Managing Director Egypt Wintershall Dea
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NEWSLETTER July 13 2020
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Egypt
International
Reports
Issues
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Brought to you by
?
Summary
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Pharos Production Mounts to 5,979 bbl/d in Egypt
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Fuel Prices Remain Unchanged in Q3 2020
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Gastec Operates New Natural Gas Station in Hurghada
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Gasco's Plant Obtains Approval form EGAC
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State Allocates EGP 680.56 B to EGPC's FY 2020/21 Budget
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ADIPEC Dialogue Urges Oil Sector to Rethink Global Energy System
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Pharos Production
Fuel Prices
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Pharos Production Mounts to 5,979 bbl/d in Egypt
Pharos Energy's Egypt production has amounted to 5,979 barrels of oil per day (bbl/d) in H1 2020. The company managed to align the production of El Fayum Concession with the Egypt 2020 production guidance of 5,000-6,000 bbl/d.
Fuel Prices Remain Unchanged in Q3 2020
Egypt's Fuel Automatic Pricing Committee decided to keep the current fuel prices the same for Q3 2020, which will stabilize the local markets. Octane 80 will stay at EGP 6.5, octane 92 will be kept at EGP 7.75 and octane 95 will remain at 8.75 as well as diesel at 6.75.
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New Gas Station
Certificate Approval
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Gastec Operates New Natural Gas Station in Hurghada
The Egyptian International Gas Technology (Gastec) began conducting an operational trial for new natural gas supply station in Hurghada. The new station is the third of its kind in the city operating with a pressure capacity of 1,100 cubic meters per hour (m?/ h) and three charging points.
Gasco's Plant Obtains Approval form EGAC
Egyptian Natural Gas Company (GASCO) announced that its chemical lab in the Western Desert Gas Complex obtained an approval from the Egyptian Accreditation Council (EGAC) for applying the international standard of ISO/IEC 17025:2017 in natural gas and liquefied natural gas (LNG) testing.
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EGPC Budget
ADIPEC Dialogue
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State Allocates EGP 680.56 B to EGPC's FY 2020/21 Budget
The Egyptian General Petroleum Corporation's (EGPC) budget for the fiscal year (FY) 2020/21 was set at EGP 680.56 billion. EGPC's expenses for the current FY were estimated at EGP 579.242 billion, of which EGP 1.298 billion are allocated towards wages.
ADIPEC Dialogue Urges Oil Sector to Rethink Global Energy System
The latest series of ADIPEC's Energy Dialogue focused on how the oil and gas industry should embrace novel technology in the wake of BP's $5 million investment in a cloud-based geospatial analytics software company.
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NEWSLETTER October 14 2020
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Egypt
International
Reports
Issues
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Brought to you by
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Summary
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EBRD to Fund APC''s Project with $250 MM
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Egypt Leaves Fuel Prices Unchanged for Q4 2020
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Unified Government Complaints System Delegation Praises MoP's Performance
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Car Gas Starts Trial Operations in Hurghada Natural Gas Station
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Al-Sisi Supports Expansion of Eni''s Investments in Egypt
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Petrofac Restructures Management, Board
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EBRD
Fuel Prices
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EBRD to Fund APC''s Project with $250 MM
The European Bank for Reconstruction and Development (EBRD) announced its provision of a sovereign loan to fund a project by Alexandria Petroleum Company (APC) worth $250 million for upgrading water and energy efficiency at the company's diesel refinery.
Egypt Leaves Fuel Prices Unchanged for Q4 2020
Egypt's Fuel Automatic Pricing Committee decided to leave the current fuel prices for Q4 2020.
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MoP's Performance
Natural Gas Vehicles
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Unified Government Complaints System Delegation Praises MoP's Performance
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met a delegation from the Government Unified Complaints System which praised the ministry's performance for its immediate response to any received complaint through it.
Car Gas Starts Trial Operations in Hurghada Natural Gas Station
Natural Gas Vehicles Company (Car Gas) began a trial operation to the first natural gas supply station in collaboration with the National Service Products Organization's (NSPO) Watanya in Hurghada, Red Sea.
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Eni Expansion
Petrofac Restructuring
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Al-Sisi Supports Expansion of Eni''s Investments in Egypt
The Egyptian President Abdel Fattah Al Sisi, gave directives to the Ministry of Petroleum and Mineral Resources to intensify the cooperation with Eni company for more exploration and production activities (E&P) in Egypt.
Petrofac Restructures Management, Board
Sami Iskander will join Petrofac and assume the role of Group Chief Executive Officer (CEO) as of January 1, 2021, replacing Ayman Asfari after his retirement announcement.
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Dear Industry Colleague,
Egypt Oil and Gas is delighted to invite you to attend a free virtual roundtable Increasing Investments in Egypt''s Brownfields Opportunities on October 18 at 10:30 am (UTC+02:00).
Roundtable will be held under patronage and with the participation of H.E. Tarek El Molla, Minister of Petroleum and Mineral Resources, our speakers are top executives from the IOCS and technology providers in Egypt. Roundtable hosted and technically prepared by Egypt Oil & Gas (EOG) Technical Committee.
The Roundtable will delve into the topical discussion of optimizing brownfield rejuvenation in Egypt. Within this topic, the role of technology to boost production at brownfields will be covered. Also, the industry experts will weigh in on the economic barriers of using brownfields and discuss how they can be an economically viable investment.
Thank you, and we look forward to welcoming you to our virtual event.
Best regards, EOG Team
?
REGISTER NOW
?
Meet our Speakers:
?
?
?
MODERATOR
?
?
?
?
?Mohamed Fouad Managing Director Egypt Oil and Gas
?
?
?David Chi Vice President and Country Manager Apache Corporation
?
?Tameer Nasser Director and General Manager Egypt & Sudan Baker Hughes
?
?Dave Thomas CEO Cheiron Petroleum Corporation
?
?Tayeb Huwair COO Dragon Oil
?
?Colby Fuser Vice President Egypt & Libya Halliburton
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?Kamel Al-Sawi President Kuwait Energy Egypt
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?Karim Badawi Managing Director Egypt and East-Mediterranean Schlumberger
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?Khaled Kacem VP Egypt, Country Chairman and Managing Director Shell Egypt
?
?Craig Robertson Country Manager and Director Transglobe Energy
?
?Sameh Sabry Senior Vice President, Managing Director Egypt Wintershall Dea
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NEWSLETTER August 13 2020
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Egypt
International
Reports
Issues
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Brought to you by
?
Summary
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Egypt's TransGlobe Production Records 11,990 BBLS/D in Q2 2020
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GasReg Awards Natural Gas Licenses to 15 Companies
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APC, EPROM Sign a New Digital Deal
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PMS, Deep Tech Develop Emergency Plan for Zohr
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Sinai Gas to Deliver Natural Gas to East Port Said
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Egyptian Consortium to Construct West Africa's Largest Solar Power Plant
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Oil Production
License Awards
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Egypt's TransGlobe Production Records 11,990 BBLS/D in Q2 2020
TransGlobe Egypt production averaged at 11,990 barrels of oil per day (bbls/d) in Q2 2020.
GasReg Awards Natural Gas Licenses to 15 Companies
The Gas Regulatory Authority (GasReg) awarded 15 companies licenses to transport, distribute, ship, and supply natural gas.
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New Deals
Emergency Plan
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APC, EPROM Sign a New Digital Deal
Alexandria Petroleum Company (APC) and the Egyptian Projects Operation and Maintenance company (EPROM) have signed a deal to create a 3D model using laser scanning technology for all the company''s units and facilities.
PMS, Deep Tech Develop Emergency Plan for Zohr
Petroleum Marine Services (PMS) alongside Deep Tech led an engineering alliance to develop a rapid emergency intervention plan for the Zohr project at a depth of 1,500 meters below sea level.
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Gas Distribution
Solar Power Plant
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Sinai Gas to Deliver Natural Gas to East Port Said
The General Authority for Suez Canal Economic Zone (SCZone) and the Sinai Gas inked a deal to deliver natural gas to the industrial zone in East Port Said.
Egyptian Consortium to Construct West Africa's Largest Solar Power Plant
ELF Energy and the Structural and Geotechnical Research Centre (SGRC) signed a $200 million contract to construct the largest solar power plant in West Africa with a BOOT system and a capacity of 200 megawatts (MW).
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Contact Us
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NEWSLETTER June 1 2020
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Egypt
International
Reports
Issues
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Brought to you by
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Summary
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El Molla Initials Contracts with Winners of Red Sea Bid Round
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New Petrochemical Projects with Investments of $19 B
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Egypt Drills Natural Gas Discovery Wells Worth $314 Million in 2019/20
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Wintershall Dea Maintains Stable Production of 626,000 bbl/d in Q1
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South Disouq Raises SDX Production by 117% in Q1 2020
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El Molla Issues ICT Reshuffles in Petroleum Companies
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New Contracts
Petrochemical Projects
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El Molla Initials Contracts with Winners of Red Sea Bid Round
Minister of Petroleum and Mineral Resources Tarek El Molla announce the initial signing with the
winning companies of the Red Sea bid round. Currently, legislative measures are being taken to
submit a proposal to the Cabinet.
New Petrochemical Projects with Investments of $19 B
Petrochemical Industry to expand with 11 new projects with total investments estimated of $19
billion, including two giant refining and petrochemical complexes at the Suez Canal economic
zone.
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Discoveries Results
Wintershall Production
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Egypt Drills Natural Gas Discovery Wells Worth $314 Million in 2019/20
A report received by the Minister of Petroleum and Mineral Resources, Tarek El Molla indicated
that Egypt has drilled discovery wells of natural gas during the current fiscal year (FY) of 2019/20
with totals investments of $314 million.
Wintershall Dea Maintains Stable Production of 626,000 bbl/d in Q1
Wintershall Dea has maintained a stable production of 626,000 barrels of oil per day (bbl/d) in Q1
2020 despite challenging markets. The company's implementation of strategy remains on track
with three?exploration successes offshore Mexico and Norway.
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SDX Results
NOC's ICT Reshuffles
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South Disouq Raises SDX Production by 117% in Q1 2020
SDX company announced that its entitlement production recorded 8,061 barrel of equivalent per
day (boe/d) which is increased by 117% during Q1 2020, compared to 3,715 boe/d produced in Q1
2019 despite coronavirus outbreak.
El Molla Issues ICT Reshuffles in Petroleum Companies
Tarek El Molla, Minister of Petroleum and Mineral Resources, issued a movement of transfers for
managers and assistants in the information and communications technology (ICT) department.
The reshuffling aims to support petroleum sites with the necessary competencies.
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NEWSLETTER July 29 2020
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Egypt
International
Reports
Issues
?
?
Brought to you by
?
Summary
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Schlumberger Introduces PNX Technology to Egypt
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Petroleum Trade Deficit Drops 91% YoY
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El Hamra Oil Organizes Safety Stand-Down
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Egypt Gas, IDB Discuss Cooperation Mechanisms
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Madbouly Reviews Incentives Scheme for Car Conversion
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Al-Ghadhban Supports Car Conversion to Natural Gas
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PNX Technology
Petroleum Tarde Deficit
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Schlumberger Introduces PNX Technology to Egypt
Schlumberger has introduced Pulsar Multifunction Spectroscopy (PNX) technology for the first time in Egypt in cooperation with the General Petroleum Company (GPC).
Petroleum Trade Deficit Drops 91% YoY
The recent oil slump has narrowed the petroleum trade deficit in Q1 2020 by $405.1 million, amounting to $40 million against 445.1 million in Q1 2019, a 91% year-on-year (YoY) decrease.
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Safety Stand-Down
Cooperation Discussion
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El Hamra Oil Organizes Safety Stand-Down
El Hamra Oil Company organized a Safety Stand-Down under the leadership of the company's Chairman and Managing Director, Ahmed El Sherif, which asserts the company's intertest in health, safety and environment (HSE) under the slogan "Safety Is First".
Egypt Gas, IDB Discuss Cooperation Mechanisms
The Chairman of Egypt Gas company, Wael Gowayed, has met with the Chairman of Industrial Development Bank, Maged Fahmy, to discuss cooperation between the two parties.
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Incentives Scheme
Car Conversion Support
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Madbouly Reviews Incentives Scheme for Car Conversion
Prime Minister Mostafa Madbouly reviewed an incentive scheme for converting old vehicles to run on natural gas in addition to a strategy for manufacturing electric vehicles.
Al-Ghadhban Supports Car Conversion to Natural Gas
Governor of Port Said, Adel Al-Ghadhban, discussed the executive steps for converting
gasoline-based cars to run on natural gas with representatives from Gastec, Car Gas, and Misr Petroleum.
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NEWSLETTER July 2 2020
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Egypt
International
Reports
Issues
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?
Brought to you by
?
Summary
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Eni Announces New Gas Discovery in the Mediterranean Offshore Egypt
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New Gold Discovery in the Eastern Desert
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Transglobe Egypt Production Records 12,506 bbl/d in June
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Energean Amends Edison E&P Acquisition for $178 MM
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Zewail City Wins Shell's National Imagine the Future Competition
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Petroleum Ministry Assigns SSO to Produce Cotton Face Masks
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New Oil Discovery
Gold Discovery
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Eni Announces New Gas Discovery in the Mediterranean Offshore Egypt
Eni announced the discovery of a single 152 meters thick gas column within the Messinian age sandstones of the Abu Madi formation in the Mediterranean Sea offshore Egypt.
New Gold Discovery in the Eastern Desert
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a commercial gold discovery in the Eastern Desert, with estimated reserves exceeding one million ounces of gold and an extraction rate of 95%.
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Transglobe Production
Energean Acquisition
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Transglobe Egypt Production Records 12,506 bbl/d in June
Transglobe's oil production rates in Egypt recorded 12,506 barrels of per day (bbl/d) in June (until June 19) compared to 12,544 bbl/d in Q1 2020,
Energean Amends Edison E&P Acquisition for $178 MM
Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million.
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Shell's Competition
SSO's Mask Production
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Zewail City Wins Shell's National Imagine the Future Competition
Students of Zewail City of Science and Technology (ZU12) won the first place in Shell's national Imagine the Future competition 2019-2020.
Petroleum Ministry Assigns SSO to Produce Cotton Face Masks
The petroleum sector has started producing cotton face masks through Suez Safety Outfitter (SSO) according to the highest standards after introducing some samples and obtaining a license from the Egyptian Organization for Standardization and Quality.
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NEWSLETTER November 23 2020
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Egypt
International
Reports
Issues
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?
Brought to you by
?
Summary
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Egypt-led Agreement to Increase Petroleum Investments in Africa
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SDX Records 90% Production Increase in Nine Months
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Al-Sisi Urges Accelerating Plans for Manufacturing Clean-Fuel Vehicles
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Shalateen Negotiations with Sawiris Come to a Stop
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Cairo Gas Connects Natural Gas to NAC''s Government District
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Libya Seeks to Expand Oil Ties with Spain
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Petroleum Investments
Production Updates
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Egypt-led Agreement to Increase Petroleum Investments in Africa
President Abdel Fattah Al-Sisi urged his government to accelerate and implement the plans to manufacture cars that run on natural gas and electricity instead of conventional fuel.
SDX Records 90% Production Increase in Nine Months
SDX company recorded an increase in its production by 90% during the first nine months of the fiscal year (FY) 2020 after reaching 6,646 barrels of equivalent per day (boe/d) compared to 3,501 boe in the same period of 2020.
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Clean-Fuel Vehicles
Negotiations Breakdown
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Al-Sisi Urges Accelerating Plans for Manufacturing Clean-Fuel Vehicles
President Abdel Fattah Al-Sisi urged his government to accelerate and implement the plans to manufacture cars that run on natural gas and electricity instead of conventional fuel.
Shalateen Negotiations with Sawiris Come to a Stop
Negotiations between the government and Naguib Sawiris, an Egyptian businessman, over acquiring a 51% stake in the state-owned Shalateen mining company, have come to a stop.
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Natural Gas
Oil Trade
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Cairo Gas Connects Natural Gas to NAC''s Government District
Cairo Gas was assigned to connect the government district in the New Administrative Capital with natural gas.
Libya Seeks to Expand Oil Ties with Spain
Libya's National Oil Company (NOC) is seeking to bolster oil-trade ties with Spain by enticing Spanish companies to return back to Libya.
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NEWSLETTER August 6 2020
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Egypt
International
Reports
Issues
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Summary
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GPC Achieves Production Record of 62,000 bbl/d
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Petroleum Arrears Fall by 5.5% in June
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Natural Gas Delivery Project to be Finalized a Year Earlier
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MoP Natural Gas Optimum for All Vehicles
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Misr Petroleum to Export New Oil Products Shipment to Rwanda
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Rashpetco Develops EDU Unit to Feed Oil Wells with Electricity
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Oil Production
Petroleum Arrears
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GPC Achieves Production Record of 62,000 bbl/d
General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment. This record indicates the successful work program implemented in GPC's various fields in the Eastern and Western Deserts, the Gulf of Suez and Sinai.
Petroleum Arrears Fall by 5.5% in June
Egypt's arrears to international oil companies (IOC) fell by 5.5% to $850 million at the end of June, down from $900 million in 2019, the Minister of Petroleum and Mineral Resources Tarek El Molla stated.
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Natural Gas Delivery
CNG Fuel
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Natural Gas Delivery Project to be Finalized a Year Earlier
The Minister of Petroleum and Mineral Resources Tarek El Molla announced that the natural gas delivery project will be completed a year earlier than expected, connecting about 3.4 million housing units with natural gas by the end of the current fiscal year (FY) 2020/21.
MoP Natural Gas Optimum for All Vehicles
The Ministry of Petroleum and Mineral Resources has released a report detailing the benefits of Compressed Natural Gas (CNG) as the best fuel for all vehicles. The report includes a guide for converting cars to run on natural gas.
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African Exports
New EDU
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Misr Petroleum to Export New Oil Products Shipment to Rwanda
Misr Petroleum will export a third shipment of high-quality motor and industrial petroleum to Rwanda. This step aligns with the Minister of Petroleum and Mineral Resources, Tarek El Molla's plan to open new markets for Egyptian exports especially in the African continent.
Rashpetco Develops EDU Unit to Feed Oil Wells With Electricity
Rashid Petroleum Company (Rashpetco) received an energy development unit (EDU) for feeding oil wells with electricity. This came after the Arab Organization for Industrialization (AOI) successfully renewed and developed the feeding unit according to the latest models.
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NEWSLETTER November 12 2020
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Egypt
International
Reports
Issues
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Summary
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BP Commences Natural Gas Production from Qattameya, Atoll Fields
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El Molla Assigns New Chairman for Alexandria Petroleum
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El Molla to Accelerate Natural Gas Delivery to Industrial Zone
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Gastec Launches New Natural Gas Station in Qena
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El Molla Highlights O&G Achievements During BEBA Webinar
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Qatar, Singapore Sign Strategic LNG Deal
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BP Production
Appointment
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BP Commences Natural Gas Production from Qattameya, Atoll Fields
BP company announced it has started natural gas production from Qattameya gas field in the North Damietta offshore concession and Atoll-4 field. The company elaborated that it is expected for Qattameya field to produce around 50 million cubic feet per day (mmcf/d) of natural gas.
El Molla Assigns New Chairman for Alexandria Petroleum
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has assigned Mohamed Al Sayed Sobhy Amer as the Chairman of Alexandria Petroleum Company. Amer will take on his work duties starting from November 10, after the retirement of current Chairman, Medhat Bahgat.
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Natural Gas Delivery
New Natural Gas Station
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El Molla to Accelerate Natural Gas Delivery to Industrial Zones
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed to meet investors' demands and to accelerate natural gas delivery to the new industrial zones, especially in Upper Egypt. This came during his meeting with a delegation from the Egyptian Federation of Investors Associations (EFIA).
Gastec Launches New Natural Gas Station in Qena
The Egyptian International Gas Technology (Gastec) began operational trial for a new natural gas supply station in Qena which is Gastec's second station in the governorate. The station includes a compressor with a capacity of 1450 m3/hour and is equipped with six points of supply.
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BEBA Webinar
LNG Deal
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El Molla Highlights O&G Achievements During BEBA Webinar
The Minister of Petroleum and Mineral Resources, Tarek El Molla, shared the petroleum sector's achievements and challenges in the past period during a British Egyptian Business Association's (BEBA) Egypt's Green Economy webinar under the title "Future of Oil and Gas: Challenges and Opportunities,".
Qatar, Singapore Sign Strategic LNG Deal
Qatar Petroleum and Pavilion Energy have signed a strategic liquified natural gas (LNG) sale and purchase agreement (SPA) that will provide Singapore as much as 1.8 million tons per year (mt/y) starting from 2023.
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EXTENDED DEADLINE ANNOUNCEMENT
Dear Industry Colleague,
Due to industry demand, the deadline for submitting your abstracts for a speaking opportunity at the
EGYPS 2021 Technical Conference
has been extended until Thursday 16 July.
Taking place on 9-11 February 2021, EGYPS will host 3 days of unprecedented technical excellence from practical case studies to ground breaking technological research across upstream, midstream and downstream sectors of the oil and gas value chain.
We invite you to share your industry experiences and knowledge by
submitting your abstracts before Thursday 16 July for a chance to shape and influence the topics the industry will be discussing at EGYPS in 2021.
Technical Conference categories that you can submit abstracts on include:
1. Upstream: Exploration of Conventional Resources (CONV)
2. Upstream: Exploration of Unconventional Resources (UNCONV)
3. Geoscience: Upstream Technology Developments (GEOT)
4. Oil and Gas Field Development (FD)
5. Drilling (DR)
6. Completions (COMPL)
7. Gas/LNG Processing, Transportation, Operations and Technology (GAS)
8. Offshore and Marine Technology and Operations (MAR)
9. Oil and Gas Economics, Concession Agreements and Project Finance (FIN) NEW FOR 2021
10. Project Management and Execution (PM)
11. Operational Excellence (OpEx)
12. Health, Safety and Environment (HSE)
13. Downstream: Refining Technology, Operations and Marketing (REF)
14. Downstream: Petrochemicals Technology and Operations (PET)
15. Biofuels, Alternative Fuels and Renewable Energy (BIO)
16. Digitalisation of Oil and Gas (DIGI)
17. People and Talent Development (PPL) NEW FOR 2021
The abstracts submission process is quick with just 3 easy steps and can even be completed if you remain working from home:
1. Visit
www.egyps.com/cfp
2. Choose the most relevant technical category and complete the 5 minute online submission form
3. Submit a clear 300-500 word abstract before Thursday 16 July
If you require any further information, please email:
egyps.conference@dmgevents.com
Thank you
The EGYPS 2021 Team
P.S. If you have clients or colleagues who would be interested in submitting abstracts, please forward this email so they do not miss out on the opportunity to showcase their technical knowledge and expertise.
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NEWSLETTER June 29 2020
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Egypt
International
Reports
Issues
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Brought to you by
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Summary
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Abu Sennan Production Increases by 69% in June
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SDX Expects Continuation of Plateau Production Rates
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Schlumberger Signs Agreements to Train Students of Four Universities
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Petrojet, Bilfinger ME Sign Engineering Master Service Agreement
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Deadline for Gold Bid Round Extended by Two More Months
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Baker Hughes to Decrease Operational Costs in Egypt
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Production Rate
SDX's production
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Abu Sennan Production Increases by 69% in June
United Oil & Gas' (UOG) Abu Sennan concession has exceeded the company's pre-completion expectation with a production rate of 13,900 barrels of oil equivalent per day (bbloe/d) during the first half of June. This indicates a 69% increase compared to an average production of 1,810 bbloe/d during April.
El Molla Issues New Coronavirus Measures
SDX Energy company said that gross plateau production at South Disouq is expected to be maintained at 50 million standard cubic feet equivalent per day (mmscfe/d) for another 18-24 months until mid-2023 with the probability to be extended to mid-2026 depending on the results of planned future exploration drilling.
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Training Agreement
Petrojet's Contract
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Schlumberger Signs Agreements to Train Students of Four Universities
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has witnessed the signing of agreements between Schlumberger and four Egyptian universities including Ain Shams University, the American University in Cairo (AUC), the German University in Cairo (GUC), and the British University in Egypt (BUE) for training their science, technology, engineering, and mathematics (STEM) students.
Petrojet, Bilfinger ME Sign Engineering Master Service Agreement
Petrojet and Bilfinger Tebodin Middle East in Egypt has signed an engineering master service agreement valued at $1 million. This agreement is a part of a previously agreed-upon Memorandum of Understanding (MoU) on strategic cooperation that was signed in December 2018.
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Gold Bid Round
Cost Reduction
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Deadline for Gold Bid Round Extended by Two More Months
The Ministry of Petroleum and Mineral Resources announced the extension of the deadline of the international bid round for gold and associated minerals for two more months due to the current global situation of the coronavirus pandemic.
Baker Hughes to Decrease Operational Costs in Egypt
Tameer Nasser Director and General Manager at Baker Hughes stated that the company plans to decrease its operational costs in Egypt in line with the government's plan to attract new investments.
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NEWSLETTER July 22 2020
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Egypt
International
Reports
Issues
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Brought to you by
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Summary
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El Molla: Oil Prices to Reach $40-50 Per Barrel
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El Molla: 50,000 Cars to Be Converted to Natural Gas in FY 2020/21
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El Molla Visits Gastec's Fuel Conversion Center
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Algeria to Resume LNG Production from Skikda Plant
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ADNOC's Ruwais Refinery Completes Upgrade
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Petrobras Sells Remaining Stake in Pipeline Company
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Oil Prices
Car Gas conversion
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El Molla: Oil Prices to Reach $40-50 Per Barrel
Minister of Petroleum and Mineral Resources Tarek El Molla told CNBC Arabia that the prices of oil per barrel during the current year could reach between $40-50.
El Molla: 50,000 Cars to Be Converted to Natural Gas in FY 2020/21
The Minister of Petroleum and Mineral Resources, Tarek El Molla, confirmed that the ministry is targeting to convert about 50,000 cars to run on natural gas during fiscal year (FY) 2020/2021 and is currently studying to increase that number in light of the presidential initiative to expand the use of natural gas as fuel for cars.
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Gastec's Fuel Center
Algeria LNG Production
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El Molla Visits Gastec's Fuel Conversion Center
Minister of Petroleum and Mineral Resources Tarek El Molla visited the Egyptian International Gas Technology's (Gastec) largest integrated center for supplying and converting vehicles to run on natural gas, which provides dual fuel services, as well as supplies about 1,300 cars with gas per day.
Algeria to Resume LNG Production from Skikda Plant
Algeria's state-run oil company, Sonatrach, has resumed liquefied natural gas (LNG) production from its Skikda plant after the completion of maintenance works.
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ADNOC's Refinery
Petrobras's Stake Sale
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ADNOC's Ruwais Refinery Completes Upgrade
GE Gas Power has finalized a project to enhance the efficiency and performance of ADNOC's General Utilities Plant in Ruwais, United Arab Emirates (UAE), by installing the MXL2 upgrade on a GT13E2 gas turbine.
Petrobras Sells Remaining Stake in Pipeline Company
Brazil's state-owned oil company Petrobras has agreed to sell its remaining 10% stake in natural gas pipeline company TAG.The 10% sale amounts to $187.5 million and will be sold to Engie Brazil and a Canadian investment fund, Caisse de Depot et Placement du Quebec.
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NEWSLETTER September 28 2020
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Egypt
International
Reports
Issues
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Summary
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Energy Egypt Discusses Advantages of Spoolable Composite Pipeline
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Three Renowned Firms Submit Bids in Egypt's Gold Tender
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ADES Egypt Revenues Record $39.2 MM in H1 2020
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Abu Qir Fertilizers Produce 24% Above Expectations
Energy Egypt Discusses Advantages of Spoolable Composite Pipeline
Energy Egypt held its first online webinar on September 24 to discuss the latest updates on the prevalent debate between Spoolable Composite Pipeline (SCP) and Steel. The Webinar, titled "The Economical Benefits of Spoolable Composite Pipeline vs Steel", was organized by Energy Egypt and Shawcor, giving industry experts' insight into this ongoing debate.
Three Renowned Firms Submit Bids in Egypt's Gold Tender
Canadian firm Barrick Gold, Egypt-focused Centamin, and Naguib Sawiris' La Mancha Resources are competing in Egypt's international bid round for gold mining, which the Ministry of Petroleum and Mineral Resources announced last February.
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Dea''s Investment
ADES Revenues
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Wintershall Dea to Rely on Mobile Working Post-Pandemic
Wintershall Dea, Europe's leading independent natural gas and oil company, has announced that the company will establish mobile working as standard practice even after the pandemic.
ADES Egypt Revenues Record $39.2 MM in H1 2020
Advanced Energy Systems (ADES) earned $39.2 million in revenues from its work in Egypt during H1 2020 against $43.6 million in H1 2019; indicating a 10% year-on-year (YoY) decrease.
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Abu Qir Production
BGS Achievements
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Abu Qir Fertilizers Produce 24% Above Expectations
Saad Abu Al Maati, the Chairman of Abu Qir Fertilizers and Chemical Industries Company, announced that the production of the company exceeded all expectations during fiscal year (FY) 2019/2020, producing solid fertilizers by an increase of 24% from the planned productivity.
BGS Energy Services has completed its pre-commissioning and commissioning activities for the "U-3000 Project" at the Alexandria Petroleum Company (APC) refinery, now operating at its optimal production rate of around 100,000 barrels per day (bbl/d); saving $85 million annually.
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NEWSLETTER April 27 2020
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Egypt
MENA
Reports
Issues
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Summary
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SDX Provide Successful Natural Gas Flow Rate at Sobhi Well
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Dana Gas to Pay $397 MM of Outstanding Sukuk
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Sinai Gas Delivers Natural Gas to Nabaq Bay
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Petrojet Finalizes Drilling Ahmed Hamdy Tunnel 2
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First Trial for Transporting Natural Gas by Tankers to Be Launched
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Egypt To Cut Petroleum Products Subsidies by 47%
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Discovery Updates
Assets Sale
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SDX Provide Successful Natural Gas Flow Rate at Sobhi Well
SDX Energy company announced that it provided a successful flow rate test of natural gas at Sobhi well on the South Disouq exploration permit, in Egypt's onshore Nile Delta.
Dana Gas to Pay $397 MM of Outstanding Sukuk
Dana Gas's proceeds from selling its Egypt assets will go towards paying $397 million of outstanding Sukuk.
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Natural Gas Trade
Mega Projects
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Sinai Gas Delivers Natural Gas to Nabaq Bay
Sinai Gas is now delivering natural gas to Nabaq Bay in Sharm El-Sheikh with 90% completion of the project and an investment of EGP 250 million.
Petrojet Finalizes Drilling Ahmed Hamdy Tunnel 2
President Abdel Fattah El Sisi has witnessed the ending of the drilling operations of Ahmed Hamdy Tunnel 2 implemented by Petrojet under the Suez Canal.
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Gas Transportation
Subsidies
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First Trial for Transporting Natural Gas by Tankers to Be Launched
The Chairman of Saad El-Din Group and Liquefied Petroleum Gas (LPG) Investors Association, Mohamed Saad El-Din, stated that the association is preparing for the first trial of transporting natural gas via tankers for the first time in Egypt during the ongoing week before the end of April.
Egypt To Cut Petroleum Products Subsidies by 47%
The Ministry of Finance is cutting subsidies of petroleum products in the new draft budget project for fiscal year (FY) 2020/2021 by nearly 47%.
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt
Dear Member,
This is a reminder that
EGYPS 2021 Call for Papers is closing tomorrow, midnight Cairo time. We invite you to share your industry experience and knowledge by submitting your abstracts for a chance to shape and influence the topics the industry will be discussing at the Egypt Petroleum Show.
Taking place on 9-11 February 2021, EGYPS will host 3 days of unprecedented technical excellence from case studies to project execution across the entire upstream, midstream and downstream sectors of the oil and gas value chain.
Submit your abstracts
by tomorrow Thursday 6 August (midnight Cairo time)
Here are the Technical Conference categories you can submit your abstracts for:
Upstream: Exploration of Conventional Resources (CONV)
Upstream: Exploration of Unconventional Resources (UNCONV)
Gas/LNG Processing, Transportation, Operations and Technology (GAS)
Offshore and Marine Technology and Operations (MAR)
Oil and Gas Economics, Concession Agreements and Project Finance (FIN) New for 2021
Project Management and Execution (PM)
Operational Excellence (OpEx)
Health, Safety and Environment (HSE)
Downstream: Refining Technology, Operations and Marketing (REF)
Downstream: Petrochemicals Technology and Operations (PET)
Biofuels, Alternative Fuels and Renewable Energy (BIO)
Digitalisation of Oil and Gas (DIGI)
People and Talent Development (PPL) New for 2021
The abstract submissions process is quick with just 3 easy steps and can be completed even if you are still working remotely:
Visit
www.egyps.com/cfp
Choose the most relevant technical category and complete the 5-minute online submission form
Submit clear 300-500 word abstracts before Thursday 6 August
For a full breakdown of the technical categories and topics covered please
download the 2021 Call for Papers brochure.
If you have any questions or require any further information, please email
egyps.conference@dmgevents.com
Thank you
The EGYPS 2021 Team
P.S. If you have colleagues who would be interested in submitting abstracts, please forward this email so they do not miss the opportunity to showcase their technical knowledge and expertise
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt
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NEWSLETTER May 18 2020
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Egypt
International
Reports
Issues
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Summary
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IBM Correction about the Article on Spearheading Digital Transformation
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Egypt Implements 326 Petroleum, Mineral Resources Projects in Seven Years
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Daily Production of Petrogas' Katameya Factory Reaches 60,000 Butane Cylinders
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El Molla Reviews Work at Badr City Warehouse
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El Molla Urges Merger of Aqua Paris, El Wadi El Gadid for Containers
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WEPCO to Receive NGC Worth $7 MM
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Article Correction
Petroleum Projects
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IBM Correction about the Article on Spearheading Digital Transformation
IBM Correction: The article on Spearheading Digital Transformation that was published in Egypt Oil & Gas Newspaper, May 2020 issue, includes inaccurate information that reflects Islam Badr''s personal point of view and not the views of IBM.
Egypt Implements 326 Petroleum, Mineral Resources Projects in Seven Years
The Ministry of Planning and Economic Development released data stating that the petroleum sector''s total number of projects between 2014 and 2021 is estimated to be 326 projects worth EGP 1.1 trillion.
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Butane Production
Petroleum Products
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Daily Production of Petrogas' Katameya Factory Reaches 60,000 Butane Cylinders
Petrogas' Katameya Factory produces around 60,000 domestic butane cylinders and 10,000 commercial butane cylinders per day, Raafat Abdel Hady, Head of Petrogas said.
El Molla Reviews Work at Badr City Warehouse
Misr Petroleum began shipping diesel from its Badr city warehouse as a first phase and plans to run the second phase to ship all kinds of gasoline during the coming period.
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Companies' Merger
NGC Tender Results
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El Molla Urges Merger of Aqua Paris, El Wadi El Gadid for Containers
Minister of Petroleum and Mineral Resources, Tarek El Molla stressed the importance for the Aqua Paris and El Wadi El Gadid for Containers companies to improve their efficiency and the necessity of cutting production costs to face the market competitiveness challenge.
WEPCO to Receive NGC Worth $7 MM
Consukorra, which specializes in energy solutions, won a tender to supply and operate two natural gas compressors (NGC) for the Western Desert Operating Petroleum Company (WEPCO) valued at $7 million.
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NEWSLETTER May 11 2020
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Egypt
MENA
Reports
Issues
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Summary
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Petroleum Companies Develop Musturod Area Roads
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Natural Gas-Based Industries to Work by Free Zone System
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Egypt Oil Imports Increase by 135.2% in February 2020
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Petroleum Exports Amount to $2.652 B in Q2 FY 2019/20
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Wintershall Dea Makes Significant Oil Discoveries in Mexico
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Ghana Instructs Eni to Combine Offshore Field Deposit
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Development
Natural gas
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Petroleum Companies Develop Musturod Area Roads
The petroleum geographical committee in Musturod has completed the development of roads in its area at a cost of EGP 21.7 million.
Natural Gas-Based Industries to Work by Free Zone System
The Economic Ministerial Committee has agreed to proceed with the necessary legislative amendments to allow licensing of projects of natural gas-based industries to work according to Free Zones regulations.
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Discoveries
Oil Imports
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Wintershall Dea Makes Significant Oil Discoveries in Mexico
Wintershall Dea and its license partners have made two significant oil discoveries on the Polok and the Chinwol prospects in Block 29 offshore Mexico.
El Molla Checks Trial Operation of New High Value Petroleum Products Complex
Egypt's Crude oil imports have increased by 135.2% in February 2020.
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Oil Exports
Negotiations
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Petroleum Exports Amount to $2.652 B in Q2 FY 2019/20
Egypt's total exports of fuel, mineral oils, and their products have amounted to about $2.652 billion in Q2 of Fiscal Year (FY) 2019/20.
Ghana Instructs Eni to Combine Offshore Field Deposit
Ghana has directed Eni SpA to start talks on combining its deposit at an offshore field with a neighboring explorer.
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NEWSLETTER June 11 2020
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Egypt
International
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Issues
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Summary
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Electricity Prices To Surge by 19% in July
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NVGC Delivers Natural Gas to 173,434 Facilities in Beni Suef
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Aton Borrows $77,000 from Bridge Loan Facility
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Norway Not to Extend Oil Output Cut in July
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Iran Announces 25% Reduction in Gas Flaring
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BW Bags Another Extension for Brazil's Cidade de S?o Vicente
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Electricity Prices
Natural Gas Delivery
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Electricity Prices To Surge by 19% in July
Commercial and household''s electricity prices for Fiscal Year (FY) 2019/2020 and FY 2020/2021 will increase by 19% starting from July, the Minister of Electricity and Renewable Energy Mohamed Shaker announced during a press conference.
NVGC Delivers Natural Gas to 173,434 Facilities in Beni Suef
Nile Valley Gas Company (NVGC), a subsidiary of Taqa Gas, delivered natural gas to 915 households in Beni Suef in May alone, bringing the total number of natural gas delivered to the governorate to 173,434 facilities.
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Bridge Loan
Production Cuts
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Aton Borrows $77,000 from Bridge Loan Facility
Aton Resources Inc. drew an additional $77,000 pursuant to its bridge loan facility with Ou Moonrider. A portion of the fund will go towards the company's Abu Marawat Concession, and the general working capital purposes.
Norway Not to Extend Oil Output Cut in July
Norway has no plans to further extend the record OPEC+ production cuts in July due to economic reasons. Norway is complying with the OPEC+ deal by cutting output by 250,000 barrels per day (bbl/d) in June. However, the nation will reduce the cuts by 134,000 bbl/d in H2 2020 as originally planned.
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Gas Flaring
Lease Extention
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Iran Announces 25% Reduction in Gas Flaring
Iran's state-owned National Iranian Oil Company (NIOC) has reported that Iran's flare gas waste has declined 25% compared with 2019''s figures. Concerted efforts are being made to eradicate this environmentally harmful practice.
BW Bags Another Extension for Brazil's Cidade de S?o Vicente
BW Offshore has received a further extension from Petrobras concerning the Cidade de S?o Vicente field. The extension of the lease and operating agreement has been extended by 120 days with the contract expiring on October 9.
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NEWSLETTER May 07 2020
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Egypt
MENA
Reports
Issues
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Summary
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Neptune Completes First OBN Seismic Survey in Egypt
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New Transfers for Managers in NOCs
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Wintershall Dea Celebrates Merger's First Anniversary
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Cabinet Denies Fuel Price Surge
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Petrotrade, Banque Misr Sign Agreement for Electronic Bill Collection
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Master Gas Provides CNG to Pyramid Poultry
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Seismic Survey
Management Reshuffle
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Neptune Completes First OBN Seismic Survey in Egypt
Neptune Energy has successfully completed the first-ever ocean bottom nodes (OBN) seismic survey in Egypt, at the North West El Amal block. The seismic survey was done by WesternGeco, under a contract with the Egyptian General Petroleum Corporation (EGPC).
New Transfers for Managers in NOCs
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued new transfers for managers assistants and project managers in petroleum companies. The new transfer movement aims to support petroleum sites to achieve the targeted future goals.
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Merger Anniversary
Fuel Prices
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Wintershall Dea Celebrates Merger's First Anniversary
Wintershall Dea company celebrated its first anniversary after the merger between Wintershall Holding company and Dea Company in the aim of becoming Europe's leading independent natural gas and oil company.
Cabinet Denies Fuel Price Surge
The Cabinet has denied the rumors surrounding fuel prices surge which spread upon the approval of the House of Representatives' proposed fees on gasoline and its derivatives. Fees are estimated at EGP 0.30 per each sold gasoline liter, and EGP 0.25 per each sold diesel liter.
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Electronic Billing
Natural Gas Deal
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Petrotrade, Banque Misr Sign Agreement for Electronic Bill Collection
Petroleum Trading Services (Petrotrade) has signed an agreement with Banque Misr to develop the electronic billing services of the company. The deal aligns with the Ministry of Petroleum and Mineral Resources' initiative towards digital transformation.
Master Gas Provides CNG to Pyramid Poultry
A subsidiary of Taqa Arabia, Master Gas, has inked a deal to provide natural gas to Pyramid Poultry Co. with an annual capacity of about 650,000 cubic meters of natural gas. Master Gas will transfer compressed natural gas (CNG) via CNG mobile technology.
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NEWSLETTER September 1 2020
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Egypt
International
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Issues
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Summary
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El Molla: Egypt to Achieve Self-Sufficiency of Petroleum Products by 2023
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Petro Amir, Petro Safe Achieve Excellent Results
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GPC Invests $2.5 MM for Developing Abu Sennan Concession
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El Molla Participates in WEF''s Energy Work Group
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Al Sisi Inspects New Models of Natural Gas Vehicles
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Petroleum Geographical Subcommittees Expand Across Egypt
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Self Sufficiency
Production Milestone
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El Molla: Egypt to Achieve Self-Sufficiency of Petroleum Products by 2023
The Minister of Petroleum and Mineral Resources, announced that Egypt will achieve self-sufficiency of petroleum products, especially octane by 2023.
Petro Amir, Petro Safe Report Startling Results
Petro Amir Petroleum Company has announced that it achieved 102% of the set plan targeting to increase the production by drilling developmental wells (Gyad 7) with investments of $2 million in addition to another discovery one worth $3 million.
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Investment Updates
WEF Meeting
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GPC Invests $2.5 MM for Developing Abu Sennan Concession
An anonymous petroleum source stated that the total investment of developing Abu Sennan Concession in the Western Desert, which is dependent to the General Petroleum Company, reached to $2.5 million.
El Molla Participates in WEF's Energy Work Group
Tarek El Molla, Minister of Petroleum and Mineral Resources, participated in the World Economic Forum's (WEF) fifth meeting of the Regional Energy Work Group in the Middle East and North Africa (MENA) region to discuss the industry''s best practices and the best way forward.
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Natural Gas Vehicles
PGC Meeting
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Al Sisi Inspects New Models of Natural Gas Vehicles
President Abdel Fattah Al Sisi inspected a number of cars' models that are produced by major international companies as well as produced locally and prepared to run on natural gas.
Petroleum Geographical Subcommittees Expand Across Egypt
The Petroleum Geographical Committee has conducted its regular meeting to discuss the division of petroleum subcommittees across the country.
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NEWSLETTER August 9 2020
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Egypt
International
Reports
Issues
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Summary
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MoP Denies Any Relation to Ring Road Fire
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B Investments Negotiates Selling Total Egypt Stakes
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Egypt Gas Receives Three HSEQ ISO Certificates in UAE
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Korra Energi Wins Two Contracts to Supply Natural Gas Technologies
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Centamin Revenues Soar by 56% in H1 2020
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Six Arab Countries Reassert Compliance to OPEC+ Deal
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Fire Outbreak
Share Sales
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MoP Denies Any Relation to Ring Road Fire
A source from the Ministry of Petroleum and Mineral Resources has denied any relation to the fire that broke out on the ring road-Monuib route.
B Investments Negotiates Selling Total Egypt Stakes
B Investments has started preliminary negotiations regarding selling 20% of its share in Total Egypt. The company currently owns 7.97% of Total Egypt.
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HSEQ Achievements
New Agreements
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Egypt Gas Receives Three HSEQ ISO Certificates in UAE
Egypt Gas's United Arab Emirates (UAE) branch has received three ISO certificates on health, safety, environment, and quality (HSEQ).
Korra Energi Wins Two Contracts to Supply Natural Gas Technologies
Korra Energi has won two contracts valued at over $1 million to supply natural gas equipment and technologies for two fuel stations including one affiliated with Natural Gas Vehicles Company (Cargas).
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Gold Production
Production Cuts
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Centamin Revenues Soar by 56% in H1 2020
Centamin's revenues reached $449 million in H1 2020 compared to $288 million in H1 2019, increasing by 56% year-on-year (YoY). Centamin's production increased by 9%, producing 256,084 ounces (oz) of gold in H1 2020 compared to 234,096 oz in 2019.
Six Arab Countries Reassert Compliance to OPEC+ Deal
The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain re-affirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up the rebalancing of oil markets.
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NEWSLETTER December 15 2020
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Egypt
International
Reports
Issues
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Summary
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El Molla Discusses Ways to Reinforce Cooperation with Iraqi Industry Minister
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Al Sisi Follows Up National Project for Converting Vehicles to Run on Natural Gas
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LNG Exports From Idku Plant Soar on Back of Price Rising
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Kuwait Energy Egypt Funds Teacher Development Program, "The Educator Certificate", Ras Gharib, Red Sea Governorate
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Bilateral Cooperation
Vehicles Conversion
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El Molla Discusses Ways to Reinforce Cooperation with Iraqi Industry Minister
The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Iraqi Minister of Industry and Minerals, Manhal Aziz, have discussed ways of bilateral cooperation in the mining sector during the upcoming period and how to benefit from the Egyptian experience and the big opportunities in the Iraqi market.
Al Sisi Follows Up National Project for Converting Vehicles to Run on Natural Gas
President Abdel Fattah Al Sisi has reviewed the national project for vehicles conversion and replacement to run on natural gas with the Prime Minister, Moustafa Madbouly, and Ministers of Petroleum and Mineral Resources, Tarek El Molla, Industry and Trade, Neveen Gamea and other Ministers.
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LNG Exports
Development Program
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LNG Exports From Idku Plant Soar on Back of Price Rising
Egyptian Liquified Natural Gas (LNG) exports from the Shell-operated Idku plant have increased to nine cargoes since the end of October compared to six cargoes during the first quarter of 2020 and one cargo between the end of the first and end of October.
Kuwait Energy Egypt Funds Teacher Development Program, "The Educator Certificate", Ras Gharib, Red Sea Governorate
Kuwait Energy Egypt has funded the teacher development program "The Educator Certificate" in partnership with the school of Continuing Education of American University in Cairo. The program successfully took place from November 2019 to July 2020 at Ras Gharib, Red Sea Governate.
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NEWSLETTER November 30 2020
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Egypt
International
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Issues
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Summary
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El Molla Inaugurates GASCO''s NATA Center
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EGPC Becomes IOGP Member
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Egypt, Senegal Explore Energy Cooperation
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Petroleum Products Subsidies Fall by 46% in Q1 FY 2020/21
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EGAC Grants NPC ISO/IEC 17025:2017
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ETHYDCO Conducts a Successful Fire Drill
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NATA Center
IOGP Membership
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El Molla Inaugurates GASCO''s NATA Center
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has inaugurated the National Advanced Transmission and Automation Center (Nata) which is dependent to Egyptian Natural Gas Company (Gasco), after its update.
EGPC Becomes IOGP Member
The Egyptian General Petroleum Corporation announced that it has succeeded in obtaining a membership in the International Association Oil and Gas Producers under the framework of the Ministry of Petroleum and Mineral Resources' Modernization project and application of highest health, safety, and environment (HSE) measurements within oil and gas sector.
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Energy Cooperation
Petroleum Subsidies
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Egypt, Senegal Explore Energy Cooperation
Noha Khidr, Egypt''s ambassador to Dakar, met with Sophie Gladima, Senegalese Minister of Mines and Geology, to discuss ways to increase cooperation between the two countries in the fields of energy and petroleum.
Petroleum Products Subsidies Fall by 46% in Q1 FY 2020/21
Petroleum products subsidies fell by about 46% during Q1 of the current fiscal year (FY) 2020/21.
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EGAC
Fire Drill
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EGAC Grants NPC ISO/IEC 17025:2017
The Egyptian Accreditation Council (EGAC) has accredited Nasr Petroleum Company's (NPC) General Administration for Chemical Research's laboratories with International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) 17025: 2017.
ETHYDCO Conducts a Successful Fire Drill
The Egyptian Ethylene and Derivatives Company (ETHYDCO) has conducted a successful second-level fire drill.
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NEWSLETTER May 21 2020
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Egypt
International
Reports
Issues
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Summary
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EMGF Discusses the Region's Natural Gas Future
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El Molla Appoints New High Level Executives
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EMGF Subcommittee Assesses COVID-19 Impact on Oil, Gas Industry
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BP Appoints Karim Alaa New Senior VP for North Africa
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Petrojet to Manufacture LNG Equipment in Mozambique
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El Molla Directs NOCs to Increase Production Rates
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Natural Gas Future
New Transfers
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EMGF Discusses the Region's Natural Gas Future
The East Mediterranean Gas Forum's (EMGF) held its sixth meeting via video conference to discuss the natural gas industry's future and the natural gas market development to optimize the region's potential from reserves and infrastructure.
El Molla Appoints New High Level Executives
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has appointed a new undersecretary for the Ministry of Petroleum and Mineral Resources, in addition to issuing new appointments and transfers for heads and vice presidents in the holding companies and national oil companies (NOCs). The new movements aim to support petroleum sites with the needed cadres in order to exchange expertise and achieve the targeted future goals.
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COVID-19 Impact
New Appointment
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EMGF Subcommittee Assesses COVID-19 Impact on Oil, Gas Industry
The East Mediterranean Gas Forum's (EMGF) Gas Industry Advisory Committee held its third meeting via video conference to prioritize the assessment of the COVID-19 impact on the regional oil and gas industry, in accordance with the subcommittee's plans.
BP Appoints Karim Alaa New Senior VP for North Africa
Karim Alaa, Country Manager for BP Egypt, will be appointed as BP's Senior Vice President for North Africa succeeding Hesham Mekawi.
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Investment
Follow up
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Petrojet to Manufacture LNG Equipment in Mozambique
Petrojet was assigned to assist Baker Hughes in manufacturing and supplying seven deep-water equipment of 700 tons for a liquefied natural gas (LNG) project in Mozambique.
El Molla Directs NOCs to Increase Production Rates
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed national oil companies (NOCs) to search for and exploit all available opportunities to increase production rates.
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NEWSLETTER June 15 2020
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Egypt
International
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Issues
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Summary
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Cabinet Approves 12 E&P Bills
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El Molla Appoints New Security Officials in Petroleum Companies
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Petroleum Sector Achieves EGP 20 B Surplus in Nine Months
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Libya's Mellitah Oil Field Returns to Normal
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CNOOC Starts Production of Qinhuangdao 33-1S Oilfield
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Nigeria Under Producing to Make up for Poor Compliance
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E&P Approvals
New Appointments
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Cabinet Approves 12 E&P Bills
The Cabinet passed 12 exploration and production (E&P) bills related to the oil and gas sector. These bills include eight projects for the Egyptian Natural Gas Holding Company (EGAS) in (Narges- North Al Dabaa - North Sidi Barani - North Al-Salloum- North Al-Amiriya - North of Ras Kanais - North Marina- North of Cleopatra) in the Mediterranean.
El Molla Appoints New Security Officials in Petroleum Companies
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a movement of transfers for general managers and assistants in the security department of the petroleum companies. This movement is aiming at supporting the petroleum sites by the needed efficiencies to achieve the targeted goals and exchange the experiences.
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Petroleum Surplus
Libya's Oil Production
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Petroleum Sector Achieves EGP 20 B Surplus in Nine Months
The Deputy Minister of Finance for Financial Policies, Ahmed Kojak, said that petroleum sector achieved a surplus in the state's public budget exceeding EGP 20 billion during the first nine months of the current fiscal year (FY) 2019/20.
Libya's Mellitah Oil Field Returns to Normal
Italy's Eni has announced that Libya's Mellitah oil and gas terminal has returned to normal after operations were briefly halted by an armed group.
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CNOOC New Field
Production Situation
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CNOOC Starts Production of Qinhuangdao 33-1S Oilfield
China National Offshore Oil Corporation (CNOOC) has announced the commencement of production in Qinhuangdao 33-1S oilfield phase I project. Qinhuangdao 33-1S oilfield is located in central and western Bohai with an average water depth of 21 meters.
Nigeria Under Producing to Make up for Poor Compliance
Nigeria's State-owned Nigerian National Petroleum Company (NNPC) chief, Mele Kyari, has announced in an online conference that current daily oil production over complies with its promised cuts in the OPEC+ agreement.
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NEWSLETTER April 30 2020
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Egypt
MENA
Reports
Issues
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Summary
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Egypt Gas, Town Gas Sign an EGP 232.8 MM Deal
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Petroleum, Tourism Ministries Agree to Cut Airline Fuel Prices by $0.10 Per Gallon
Aton Obtains License Extension to Explore at Abu Marwat Concession
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Oil Producers to Cut Oman's Production by 200,000 bbl/d
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KOTC Receives Shegardiah Oil Tanker
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Agreement
Airline Fuel Prices
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Egypt Gas, Town Gas Sign an EGP 232.8 MM Deal
Egypt Gas and the Egyptian Company for Natural Gas Distribution in Cities (Town Gas) signed an EGP 232.8 million deal to deliver natural gas across several governorates.
Petroleum, Tourism Ministries Agree to Cut Airline Fuel Prices by $0.10 Per Gallon
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has agreed with the Minister of Tourism and Antiquities, Kaheld Al Anany to cut the fuel prices for airlines by $0.10 per gallon.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed the industrial wastewater treatment issues in the Gulf of Suez and the Red Sea region with Yasmine Fouad, Minister of Environmental Affairs.
Aton Obtains License Extension to Explore at Abu Marwat Concession
Aton Resources announced that it requested and has been granted a three-year extension to the final exploration period of its exploration license at its Abu Marwat concession.
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Oil production
Oil Shipment
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Oil Producers to Cut Oman's Production by 200,000 bbl/d
Oman is preparing to slash oil output during May and June which will see the Sultanate reduce its production by 201,000 barrels per day (bbl/d).
KOTC Receives Shegardiah Oil Tanker
The Kuwait Oil Tanker Company (KOTC) received the Shegardiah oil tanker from South Korean manufacturer Hyundai Mipo Dockyard on April 28.
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NEWSLETTER June 18 2020
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Egypt
International
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Issues
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Summary
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Petrojet Finalizes Trial Operations for Natural Gas Grid in Abu Dhabi
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SOPC to Receive $50 MM Loan for Energy Efficiency Improvement
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EGAS Approves the First Edition of Sustainability Policy
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Petroleum Sector Exempts Industrial Sector of EGP 5.3 B in Debts
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APPO Approves Egypt's Suggestion for Promoting African Petroleum Industry
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MOC 2020 Postponed to October 2021
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Petrojet Operations
Loan for SOPC
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Petrojet Finalizes Trial Operations for Natural Gas Grid in Abu Dhabi
Petrojet announced that it has successfully finalized the trial operations for phase one of the natural gas grid in Abu Dhabi at the United Arab Emirates (UAE).
SOPC to Receive $50 MM Loan for Energy Efficiency Improvement
The House of Representatives approved the presidential decree no. 118 for 2020 regarding an additional $50 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to improve the Suez Oil Processing Company's (SOPC) energy efficiency
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Sustainability Policy
Industrial Sector Debts
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EGAS Approves the First Edition of Sustainability Policy
The Egyptian Natural Gas Holding Company (EGAS) approved the first edition of the sustainability policy for the company's activities, which was prepared by the Environmental Protection Department in cooperation with all departments of the company.
Petroleum Sector Exempts Industrial Sector of EGP 5.3 B in Debts
The Ministry of Petroleum and Mineral Resources exempted natural gas' industrial consumers from EGP 5.3 billion in owed-debt.
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APPO Approval
MOC Event Postpone
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APPO Approves Egypt's Suggestion for Promoting African Petroleum Industry
The African Petroleum Producers Organization (APPO) approved the Minister of Petroleum and Mineral Resources Tarek El Molla's suggestion to establish a task force to strengthen the cooperation between APPO's member states and promote the African petroleum industry and make use of its available potential and expertis.
MOC 2020 Postponed to October 2021
The organizers of Mediterranean Offshore Conference and Exhibition (MOC) announced that the event that was scheduled to be held during the period from October 13-15 in Alexandria has been postponed to 12-14 October 2021.
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NEWSLETTER December 21 2020
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Egypt
International
Reports
Issues
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Brought to you by
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Summary
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El Molla Highlights Petroleum Achievements in Akhbar Al Yom
Conference
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Egypt Signs Agreement with USTDA to Support Refinery Upgrade
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Parliament Approves Draft Laws for New E&P Agreements
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Zeitco's Production Reaches 8,000 bbl/d
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Egypt, Japan Mull Cooperation to Expand Reliance on NGV
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Egypt Pumps 19,000 tons of Gasoline Daily
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Mop Achievements
Refinery Development
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El Molla Highlights Petroleum Achievements in Akhbar Al Yom Conference
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has reviewed the significant
achievements of the petroleum sector during the period from March up till now despite coronavirus
and its consequences.
Egypt Signs Agreement with USTDA to Support Refinery Upgrade
The United States Trade and Development Agency (USTDA) awarded two grant agreements to
Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) totaling
$1.4 million (mm) to conduct a feasibility study for each company's refinery development.
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E&P Agreements
Oil Production
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Parliament Approves Draft Laws for New E&P Agreements
The House of Representatives approved a law authorizing the Minister of Petroleum and Mineral
Resources (MoP) to contract for exploration and production (E&P) projects across the republic.
Zeitco's Production Reaches 8,000 bbl/d
East Zeit Petroleum (Zeitco), a joint venture (JV) between Dana Petroleum Company and the
Egyptian General Petroleum Corporation (EGPC), produced 8,000 barrels of crude oil (bbl) from its
concession in Egypt.
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NGV Cooperation
Petroleum Products
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Egypt, Japan Mull Cooperation to Expand Reliance on NGV
The Minister of Industry and Trade, Neveen Gamea stated that Egypt seeks to cooperate with Japan
to expand reliance on vehicles run on natural gas.
Egypt Pumps 19,000 tons of Gasoline Daily
Egypt pumps about 19,000 tons of gasoline per day (t/d) denoting that the country has a sufficient
stock of gasoline and petroleum products to meet any additional needs of the local market.
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Contact Us
About EOG
Privacy Policy
? 2020 Egypt Oil&Gas. All rights reserved
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt
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Egypt Oil & Gas · 15B/1, Takseem El Laselky, New Maadi · Cairo 1121 · Egypt