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Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

Efora Energy seeks strategic partner to jointly own, operate Lagia oilfield in Egypt

By: Marleny Arnoldi     27th September 2018 JSE-listed Efora Energy has decided it is best to seek a strategic partner to accelerate the development of its Lagia oilfield, in Egypt, following a strategic review of the project. The company will also consider reducing its interest in Lagia, as part of a partnership agreement.  

New Suez Canal project, Egypt

By: Sheila Barradas     31st July 2015 The first cargo ships passed through Egypt's New Suez Canal on July 25 in a test run before it opens next month. 

AfDB commits $140m to Egypt airport project

By: Megan van Wyngaardt     16th April 2015 The African Development Bank (AfDB) has approved a $140-million loan for Egypt’s Sharm El-Sheikh International Airport development project. The project, to be implemented within three to four years, was expected to increase the airport’s capacity to 18-million passengers a year, up from the... 

SacOil starts development operations at Lagia 

6th January 2015 Field development operations at the Lagia oilfield in Sinai, onshore Egypt, have started. The oilfield, which is operated through dual-listed oil and gas company SacOil’s subsidiary Mena International Petroleum Company, was expected to produce about 350 bbl/d of oil, provided the completion of... 

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