Gunmen stormed an Egyptian army checkpoint outside Cairo early on Saturday morning and killed six soldiers, including some still in their beds, officials said, in what amounted to an escalation by militants on military targets near the capital.
An Egyptian company is set to begin importing gas from Israeli offshore fields in the first quarter of 2019 and to re-export it as part of its plan to become a regional gas hub. Source: Oil Price
Eni announced Monday a second oil discovery in the Fagur Basin in the Egyptian Western Desert. Source: Rigzone
The World Bank supports Egypt’s efforts to be a regional oil and gas trading hub, as several new gas projects started up recently in the Mediterranean country, the Egyptian Ministry of Petroleum said on Monday. Source: Oil Price
