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News

@EgyptOilandGas
egyptoil-gas.com

Iran to Announce Temporary Strait of Hormuz Shipping Lane Agreement

1+ day, 56+ min ago   (271+ words) Iran plans to present Gulf nations with an agreement reached with Oman on a temporary shipping lane through the Strait of Hormuz on Monday, as Tehran and regional states seek to ease shipping disruptions, Bloomberg reports. The agreement would not…...

@EgyptOilandGas
egyptoil-gas.com

QatarEnergy Explores US LNG Deals to Offset Production Losses

1+ day, 9+ hour ago   (325+ words) QatarEnergy is in talks with several US liquified natural gas (LNG) producers to secure multi-year supply agreements extending through 2031, as the company seeks to make up for production capacity lost following attacks on its Ras Laffan facilities, according to three…...

@EgyptOilandGas
egyptoil-gas.com

El-Sisi: Energy Leads Egypt, Cyprus, Greece Ties

4+ day, 5+ hour ago   (420+ words) “The energy sector remains at the forefront of cooperation between Egypt, Cyprus, and Greece”, President Abdel Fattah El-Sisi said in a joint press conference following the trilateral cooperation summit with Nikos Christodoulides, the Cypriot President, and Kyriakos Mitsotakis, Greek Prime…...

Google News
egyptoil-gas.com

US Gas Output and Demand Set for Record Highs in 2026???27

4+ day, 9+ hour ago   (261+ words) US natural gas supply and demand are expected to reach record highs in 2026 and 2027, according to the US Energy Information Administration’s (EIA) Short-Term Energy Outlook. Dry natural gas production is projected to increase from a record 107.6 billion cubic feet per…...

@EgyptOilandGas
egyptoil-gas.com

Badawi: Egypt Secures Gas Supply for Second Straight Summer

5+ day, 5+ hour ago   (349+ words) The Minister of Petroleum and Mineral Resources Karim Badawi said Egypt has successfully secured natural gas supplies during the peak electricity consumption period for the second consecutive year, ensuring stable deliveries to power plants and industrial facilities. Badawi made the…...

@EgyptOilandGas
egyptoil-gas.com

NORPETCO Produces 12,700 b/d, Invests $91.4 Mn in FY 2025/26 | Egypt Oil & Gas

5+ day, 8+ hour ago   (203+ words) North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operational, asset enhancement, and facilities development investments during the fiscal year (FY) 2025/26. The…...

@EgyptOilandGas
egyptoil-gas.com

Germany Risks Winter Gas Shortage as Storage Levels Remain Low

6+ day, 8+ hour ago   (322+ words) Germany risks facing a gas shortage this winter if temperatures fall sharply, as low storage levels could leave the country exposed during periods of extreme cold, Reuters reported, citing Germany’s gas storage industry association INES. German underground gas storage facilities…...

@EgyptOilandGas
egyptoil-gas.com

Vaalco Appoints Anwar Husen to Lead Egypt JV with EGPC, Petrobakr

1+ week, 1+ day ago   (170+ words) Vaalco Energy, an American independent oil and gas company, has appointed Anwar Husen as the General Manager and Managing Director of Vaalco’s Joint Venture company with the Egyptian General Petroleum Corporation (EGPC) and Petrobakr Petroleum Company, according to Vaalco’s statement....

Google News
egyptoil-gas.com

Baker Hughes Wins bp Contract to Boost North Sea Production

1+ week, 1+ day ago   (228+ words) Baker Hughes has secured a contract from British Petroleum (bp) to provide offshore well stimulation and production enhancement services across bp’s UK North Sea operations, supporting both new well development and recovery from mature fields. Under the agreement, Baker Hughes…...

@EgyptOilandGas
egyptoil-gas.com

bp Begins Fayoum-4 Well Production, Adding 80 mmcf/d to Egypt???s Gas Supply

2+ week, 4+ hour ago   (174+ words) British Petroleum (bp) has started production from the Fayoum-4 well in Egypt’s West Nile Delta, adding an estimated 80 million cubic feet per day (mmcf/d) of natural gas to the domestic market. The well’s production has been tied into bp’s…...