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The International Drilling Material Manufacturing Company (IDM) recorded revenues of EGP 1.9 billion and a net profit (EBITDA) of EGP…
President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources, Karim Badawi to…
Key onshore Egypt producers are hoping new improved terms will help boost waning oil and gas output. Western Desert #1…
The Cabinet, chaired by Prime Minister Mostafa Madbouly, approved Wednesday the use of the R-Factor (Profitability Factor) in certain petroleum…
TotalEnergies, the world’s third-largest LNG player, has signed a 20-year agreement to buy million tons per annum (mtpa) of LNG…
Abu Dhabi’s XRG has finalized a deal to partner with Malaysia’s Petronas in Turkmenistan’s upstream sector. In a 14 May…
Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy, stated that its LNG…
The Ministry of Petroleum and Mineral Resources announced Tuesday a new agreement with Ardiseis, a subsidiary of Arabian Geophysical and…
Kuwait is examining a new contract model for IOCs operating in the country as it targets a 1mn b/d increase…
Minister of Petroleum and Mineral Resources Karim Badawi met with Minister of Electricity and Renewable Energy Mahmoud Esmat to review…