News / Egypt
Dana Gas to Freeze Investments
Dana Gas confirms freezing investments in Egypt over unpaid arrears of $265m.
EGAS to Deliver Gas to 1.1m Consumers
EGAS plans to pump natural gas to 200,000 households by May 2017.
President El Sisi Met Eni, BP CEOs
Abdel Fattah El-Sisi received Eni's CEO, Claudio Descalzi, and Bob Dudley, CEO of BP.
GPC to Produce 6,000b/d of Crude Oil in 2017
Egypt Oil and Gas that the company set a new plan to raise its production rate during 2017. GPC is seeking to reach nearly 6k b/d of crude oil.
Bapetco Increased Al Abyad Gas Field Output
Egypt's Badr Petroleum Company (Bapetco) increased production from Al Abyad natural gas field in the Western Desert to 140,000boe/d.
AMOC to Offer Shares on Stock Market
AMOC plans a secondary offering of 10-20% of its shares on the Cairo stock market and will also issue 10% a global depository receipts in London.
Egypt and Russia to Sign Nuclear Agreement
Russia and Egypt will sign main contracts for construction of Dabaa Nuclear Power Plant (NPP) in 2017.
Cabinet Approves EGP 37b Loan for Power Grid Capacity
The Ismail cabinet reportedly signed off on EGP 37b in loans to the Egyptian Electricity Transmission Company (EETC) to fund expansions to absorb a production capacity of 18 GW by 2018.
