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Oil & Gas Companies News in Egypt

Rovco Expands into Egypt with New Partner – Drexel Marine
Rovco Expands into Egypt with New Partner – Drexel Marine 3/26/2019 - Rovco has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt. The deal will see the Bristol-headquartered firm offer its range of advance...
Egyptian & Libyan Group to Coordinate Oil Cooperation
Egyptian & Libyan Group to Coordinate Oil Cooperation 3/2/2018 - Egypt and Libya agreed to form a joint action group to coordinate cooperation in the field of petroleum. The group, to be co-chaired by Egyptian Undersecretary for Petroleum Mohamed Saafan and Libya’s...
Igor Sechin Made a Working Visit to Egypt
Igor Sechin Made a Working Visit to Egypt 3/27/2017 - President of Egypt Abdel Fattah el-Sisi hosted the participants of the consortium, developing the gas field Zohr: Rosneft Chief executive officer Igor Sechin, Eni Chief executive officer Claudio Desca...
AMOC to Offer 10-20% of Shares in Secondary Listing
AMOC to Offer 10-20% of Shares in Secondary Listing 2/9/2017 - Alexandria Mineral Oils Co (AMOC) plans to offer 10-20 percent of its shares in a secondary stock market listing as well as 10 percent as Global Depositary Receipts listed in London, its chairman said...
El Mola Holds Meetings with Heads of Arab, Foreign Companies
El Mola Holds Meetings with Heads of Arab, Foreign Companies 10/11/2015 - Minister of Petroleum and Mineral Resources held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt, e.g. UAE Dana Gas and the English company British Gas and M...
The SPE North Africa Technical Conference & Exhibition Attracts More Than 600 Attendees on First Day
The SPE North Africa Technical Conference & Exhibition Attracts More Than 600 Attendees on First Day 9/15/2015 - The Fifth edition of the SPE North Africa Technical Conference and Exhibition opened at the Fairmont Towers, Heliopolis in Cairo, Egypt with more than 600 attendees. The event is being held under the ...
Rosneft & EGPC in the Area of Oil Product Supplies
6/19/2015 - Rosneft and the Egyptian General Petroleum Corporation signed a Memorandum of Cooperation at the St. Petersburg International Economic Forum related to the supply of oil products into Egypt. The Memor...
Egypt's Cement Firms Overcome Gas Shortages
11/5/2014 - Several of Egypt's major cement producers have begun retrofitting their plants to run on energy from imported coal, beating high gas prices and energy shortages that have curbed industrial output this...
BP and BG Group Withdraw Expat Staff from Egypt
7/6/2013 - BP said it had withdrawn about 60 people, leaving only 40 essential expat workers in the country. BG Group, which usually has about 150 expat staff and dependents in Egypt, said it had withdrawn about...
Egypt's Citadel Capital Narrows Loss in 2011
5/3/2012 - Egyptian private equity firm Citadel Capital said on Thursday it had narrowed its net loss in 2011 after reducing the size of writedowns of underperforming assets. Its consolidated net loss decreased ...
Transglobe Sign PSA to Acquire Shares in Egypt
5/1/2012 - TransGlobe Energy Corporation (TransGlobe) announces the signing of a Share Purchase Agreement (SPA) with two United States based energy companies (Vendors) to acquire the shares of their direct and i...
Sea Dragon Extended the Closing of Acquisition of NPC
4/30/2012 - Sea Dragon Energy Inc. (Sea Dragon) and Golden Crescent Investments Ltd. (Golden Crescent) have reached a non-binding understanding to extend the date by which Sea Dragon shall be required to complete...
Arab Foreign Ministers in 87th OPEC meeting
12/27/2011 - Prime Minister, Dr. Kamal Al-Ganzoury held meeting with Arab Foreign Ministers participating in the 87th meeting of the Organization of Petroleum Exporting Countries (OPEC), in attendance of Ministers...
Dana Petroleum Egypt Joint Venture Approved
11/30/2011 - Oil firm Dana Petroleum has been cleared by Egyptian officials to set up a new joint venture in the country. The Egyptian Ministry of Petroleum has approved Petro Kareem, a venture between Dana and th...
Sameh Fahmy Accusation of Corruption
Sameh Fahmy Accusation of Corruption 4/13/2011 - The Criminal Court of North of Cairo, headed by Judge Ahmed El Sayed approved the decision of the Attorney-General Abdel Meguid Mahmoud to freeze the money of Sameh Fahmy, the former Minister of Petro...
Petroleum Engineering Graduates Protest in Front of EGAS
Petroleum Engineering Graduates Protest in Front of EGAS 4/7/2011 - A number of petroleum engineering graduates continue to protest in front of the Egyptian Natural Gas Holding Company "EGAS". ...
Dahi the new Chairman of EGPC
3/21/2011 - Abdallah Ghorab the Egyptian Minister of Petroleum appointed Hani Dahi as the Chairman of the Egyptian General Petroleum Company (EGPC). Dahi was serving as the head of Enppi. Ghorab used to be the Ch...
Oil Workers Stage Sit-In to Protest Layoffs
3/20/2011 - A thousand workers staged a sit-in in front of Petrojet’s headquarters to protest what they say were unfair dismissals. ...
The Future of the Oil & Gas Industry in Egypt
3/7/2011 - The Ministry of Petroleum (MoP) oversees four holding companies that manage all elements of the oil and gas business and form joint ventures with international partners: the Egyptian Holding Company f...
Strategy of the new Egyptian Minister of Petroleum
2/28/2011 - Eng Mahmoud Latif, the new Egyptian Minister of Petroleum and Mineral Resources, declared a strategy for the coming period in which he stressed on the importance of stability in order to increase prod...

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