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......
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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......
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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......
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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,......
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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......
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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......
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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......
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Egypt Kuwait Holding considers entering CNG fuelling stations field
March 10, 2021
Nile Wood’s MDF project’s cost stands at EGP 1.4bn, expected to cover north of 400,000 cbm of Egypt’s yearly MDF needs By Alyaa......
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CI Capital rejects Banque Misr’s offer price
March 8, 2021
ArabFinance: CI Capital (CICH) has rejected Banque Misr’s offer to acquire a 90% stake in the firm, according to a March 7th company press......
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Petroleum Minister inspects gas pipeline project in New Alamein
March 7, 2021
Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla inspected, on Saturday, the implementation of a new gas pipeline project......
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