BP and UAE-based Mubadala Investment Co are to buy stakes in the Nour deep water gas concession off the northern coast of Sinai, following approval by Egypt’s petroleum ministry on Sunday. Nour lies near the Zohr gas field, which was declared the biggest...اقرأ المزيد
Oil giant British Petroleum (BP) stated that a gas production test at the Atoll offshore gas field in Egypt’s North Damietta marine concession area was conducted on Monday, its cost being reduced by 33 percent than was initially expected. The current...اقرأ المزيد
The Petroleum Ministry seeks to narrow the gap between production and consumption by accelerating the implementation of new gas and oil production projects either through the development of existing refining units or the establishment of new refineries,...اقرأ المزيد
