Call for interest!
Opportunity for members to meet Norwegian Energy Partners' Advisor and discuss your Egypt or Saudi Arabia business strategy and actions.
INTSOK visited Egypt on a fact-finding mission in October 2016, meeting a very representative group of decision makers, from the Minister of Petroleum and Mineral Resources, to the chairmen of EGPC, EGAS, Ganoub El-Wadi as well as the management of JV Companies.
Please go to the event to see all presentations:
During a visit to Egypt in October 2016, INTSOK met with the Egyptian National Oil Companies, (EGPC, EGAS and Ganope). EGAS gave a good and very detailed presentation about the natural gas industry in Egypt, which now is becoming the engine of growth in the Egyptian economy.
A comprehensive forecast of trends and developments in the Egytian oil and gas market, focused on offshore capex and opex expenditures, covering the period 2018-2021.
The report is prepared exclusively for NORWEP partners by Rystad Energy.
This is an excerpt from the NORWEP's Annual Offshore Market Report 2018-2021. The full report can be found at:
Egypt’s Oil Minister, Tarek El Molla, said that the country will increase its natural gas production to between 5.5 and 6 bcf/d by the end of 2019, Reuters reported. Egypt currently produces 3.9 bcf /d of natural gas. The minister also added that Egypt currently has 12 ongoing natural gas field development projects that required a total of US$ 33billion of investments. Three of these 12 projects, which include the mammoth Mediterranean gas field Zohr discovered by Italy’s Eni last year, are forecast to collectively bring in 4.6bcf/d, by the beginning of 2019.
INTSOK advisor Osama Kamal delivers an overview of the most important oil companies and joint ventures in Egypt per date.
The oil & gas sector in Egypt is on the rise. With generous help from DNV GL in Egypt and internal sources, INTSOK has assembled a report giving both a general overview of the country, the petroleum sector and the major projects. We also look at the licensing and how the production sharing contracts work.