Maersk Drilling has landed a US $3.8m one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract which is expected to commence in March 2020, in direct continuation...
By Salma El Wardany Egypt is finalizing details of a new type of oil and gas contract to attract even more foreign investment than the $10 billion already coming into...
The Natural Gas Regulatory Authority will issue the first gas importing license to a private sector company by the end of 2018, an official source told Al Shorouk. The ministry source...
By Nicole Rashotte Egyptian billionaire Naguib Sawiris’ belief in gold led him to invest half of his US$5.7 billion net worth into the precious metal. Sawiris predicts that the price of gold will...
Cairo - The ruins of two buildings used to supervise mines in ancient Egypt more than 4 400 years ago have been discovered in the south, the antiquities ministry said...
With economic growth at its slowest in years, worsened by an atmosphere of political uncertainty, the under-pressure government of Egypt has opened doors to foreign investment into its gold mining sector....
Egypt is positioning its mining sector as one of catalysts to revive an ailing economy. Early next month, Egypt will be issuing its first gold mining tender in seven years,...
The Executive Committee “The Egypt Petroleum Show” to be held with the patronage of the President, His Excellency Abdel Fattah El Sisi, and support of the Ministry of Petroleum and Mineral...
Subsea 7 has announced the award of a substantial contract, offshore Egypt, by Pharaonic Petroleum Company, to be executed at water depths of over 900 metres in the Atoll field. Subsea...