Egypt Opens Two E&P Bid Rounds for 27 Concessions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has announced the opening of two international bid rounds for exploration and production (E&P) during 2018.
News / Egypt
Ismail Reviews Eni’s Activities in Egypt
Prime Minister Sherif Ismail met with Italian Eni’s Vice President, Antonio Vella, to review the company’s activities in Egypt.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Kuwait Energy to Sell a Spin-off of its Egyptian Assets
Kuwait Energy has hired Perella Weinberg Partners (PWP) investment bank in order to advise on the selling of a spin-off of the company’s Egyptian assets.
IMF, Egypt Reach Staff-Level Agreement on $2B Tranche
The International Monetary Fund (IMF) has announced that they have reached a staff-level agreement with the Egyptian authorities regarding the third review of the country’s economic reform program.
Egypt to Start Gulf of Suez Seismic Survey in 2018
Egypt will start the seismic survey for the Gulf of Suez region before the end of 2018, in order to provide new opportunities for exploration and production (E&P).
SDX Energy Announces Ibn Yunus 1X Well Test Results
SDX Energy has announced that the test results of the Ibn Yunus 1X well were positive.
Mitsubishi Hitachi to Renew Egyptian Power Plant
Mitsubishi Hitachi Power Systems has signed an agreement with the Cairo Electricity Production Company (CEPC) to renew of Cairo West thermal power plant.
SDX Energy Quarterly Revenues Rise by $3M YoY
SDX Energy’s net quarterly revenues rose almost $3 million year-on-year (YoY) in Q1 2018.
Carbon Holdings to Start Tahrir Petrochemicals Complex End of 2018
Carbon Holdings will start constructing the Tahrir petrochemicals complex by the end of 2018.
