Oil And Gas

Egypt’s petroleum sector made up 24% of GDP — minister-

April 15, 2021

CAIRO: The oil and gas sector contributed 24 percent of Egypt’s gross domestic product (GDP) in 2020 and was one of the key sectors that helped......

Halliburton to Provide Petroleum Data Management Platform for Norwegian Petroleum Directorate

April 13, 2021

Halliburton Company (NYSE: HAL) today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate......

Traffic in Suez canal not affected by tanker's engine failure - canal authority

April 7, 2021

ISMAILIA (Egypt)- Traffic in the Suez canal was not affected by an oil tanker's sudden engine failure on Tuesday, the canal authority said, adding......

Egypt Gas approves EGP 1/share coupon

March 29, 2021

ArabFinance: The ordinary general assembly of Egypt Gas (EGAS) approved cash dividend distribution of EGP 1 per share for 2020’s earnings,......

Orascom CEO blames profit drop on pound, pandemic and problem projects

March 28, 2021

RIYADH: Problem projects, a stronger Egyptian pound and the pandemic all contributed to a decline in Orascom Construction profits, Asharq Business......

Egypt’s EGAS signs 9 natural gas exploration agreements with $981m investments

March 15, 2021

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired, on Sunday, the General Assembly of the Egyptian Natural Gas Holding......

Alfa Laval wins energy efficiency order in Egypt

March 11, 2021

Alfa Laval, a world player in heat transfer, centrifugal separation and fluid handling, has won an order to supply Alfa Laval OLMI air coolers to......