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Shard Capital leads Petrochemical Complex project in New Alamein
2025/02/23

Shard Capital leads Petrochemical Complex project in New Alamein

British "Shard Capital Partners LLP", in collaboration with UAE's Royal Strategic Partners and Saudi Arabia's Al Qahtani Group, has announced the signing of a framework...

Egypt, Saudi Arabia sign energy cooperation agreement
2025/02/18

Egypt, Saudi Arabia sign energy cooperation agreement

Following the inauguration of the Egypt International Energy Conference EGYPS 2025, President Abdel Fattah El-Sisi and Cypriot President Nikos Christodoulides witnessed the signing of an...

Dragon Oil finds oil in East Crystal 1 well in Gulf of Suez
2025/01/29

Dragon Oil finds oil in East Crystal 1 well in Gulf of Suez

The Ministry of Petroleum and Mineral Resources announced today, Wednesday, the successful drilling of the exploratory well 'East Crystal-1' in the Gulf of Suez, carried...

ExxonMobil finds natural gas off Egypt coast
2025/01/15

ExxonMobil finds natural gas off Egypt coast

ExxonMobil announced the discovery of potential natural gas reserves off the coast of Egypt. The company successfully drilled an exploratory well, named "Nefertari-1," in the...

EGAS, New Fortress Energy sign agreement for FSRU lease
2024/12/08

EGAS, New Fortress Energy sign agreement for FSRU lease

The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with New Fortress Energy to lease a Floating Storage and Regasification Unit (FSRU). This...

Egypt, Jordan partner to secure natural gas supplies
2024/12/03

Egypt, Jordan partner to secure natural gas supplies

Egypt and Jordan have signed an agreement to utilize Egypt's existing floating storage and regasification units (FSRUs) to import liquefied natural gas (LNG) and supply...

Government offers 7-year installment plan for gas connections
2024/11/21

Government offers 7-year installment plan for gas connections

The Ministry of Petroleum and Mineral Resources has decided to reinstate the installment plan for the cost of connecting natural gas to homes, to be...

Egypt, UAE collaborate on AI-powered oil reservoir management
2024/11/09

Egypt, UAE collaborate on AI-powered oil reservoir management

Ministry of Petroleum and Mineral Resources and Dragon Oil, a leading UAE-based oil and gas company, have signed a Memorandum of Understanding (MoU) to collaborate...