Featured Egypt signs new oil exploration deal with U.S. Apache Mahmoud Shaaban Jul 18, 2018 0 Egypt signed a new oil exploration agreement worth around $9 million with U.S. oil company Apache, the oil ministry…
Industry & Trade Qarun Petroleum ups crude production to 1,000 barrels/month Yomna Yasser Aug 20, 2017 0 Qarun Petroleum Company, a joint venture between the Egyptian government and U.S. oil giant Apache, says it has…
Industry & Trade Khalda Petroleum cuts cost of oil produced from Apache concession to $4.5/barrel Noha Gad Dec 6, 2016 0 Khalda Petroleum Company has reduced the cost of oil produced from the Apache concession area in the western desert…
Industry & Trade Apache plans to boost investments in Egypt oil explorations Yomna Yasser Aug 21, 2016 0 U.S. oil and gas producer Apache Corp plans to inject new investments in Egypt during the coming period and to sign…
International News Boeing set to win $2.9 billion contract from UK MoD Noha Gad May 30, 2016 0 Boeing Co (BA.N) is set to win a 2-billion-pound ($2.92 billion) contract from the UK Ministry of Defence (MoD) for…
Industry & Trade Shell ups investments 13% despite falling oil prices: Egyptian official Yomna Yasser Apr 4, 2016 0 Oil giant Shell has boosted its investments in Egypt by 13 percent approximately despite the continued declines in…
Industry & Trade Apache, Shell target Egypt for unconventional gas in June Yomna Yasser Mar 14, 2016 0 Apache Corp. and Royal Dutch Shell plan to commence producing unconventional gas from their joint venture in…
Industry & Trade Egypt signs oil and gas exploration deals with Italy’s Eni Yomna Yasser Nov 12, 2015 0 Egypt has signed Thursday five oil and gas exploration deals worth around $2.2 billion with Italian energy giant…
Industry & Trade Apache to sell Australia Business for $2.1 billion Yomna Yasser Apr 9, 2015 0 Apache Corp. agreed to sell its Australian unit, Apache Energy Ltd., for $2.1 billion in cash in favour of a group…
Industry & Trade Egypt sets Price for Shale Gas at $5.45 per Mmbtu -Official Yomna Yasser Mar 9, 2015 0 Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at $5.45…