News / Egypt
SDX Energy to Buy Circle Oil’s Assets
SDX Energy entered into non-binding heads of terms (HoT) with Circle Oil Company for the attainment of Circle Oil’s assets in Egypt and Morocco.
Nooros to Produce 1.2bcf/d of Gas
Italian Eni has raised its expectations for production from Egypt's Nooros Field by 20% from the planned 1bcf/d to reach 1.2bcf/d by mid 2017.
Egypt to Receive Iraqi Oil
Egypt is about to start receiving 1mb of light crude oil per month from Iraq within the coming few days
Egypt, Russia Finalize Credit Package for Dabaa Plant
Egypt and Russia agreed on credit packages and bank guarantees in Dabaa Nuclear Power Plant's Contract.
Qarun Petroleum to Invest $190m
Qarun Petroleum Company plans to allocate $190m investments in its budget of fiscal year 2017/2018.
Egypt Delayed Bids on Renewable Projects
The Egyptian Ministry of Electricity and Renewable Energy delayed receiving three bids for a tender meant to build wind farms and solar power plants in Aswan and west of the Nile with total capacity 650MW.
Khalda Petroleum to Invest $810m
Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US Apache, allocated $810m investments in the budget of fiscal year 2017/2018
El Molla Reviewed APRC, Alexandria Petroleum Budgets
Egyptian Minister of Petroleum, Tarek El Molla, reviewed 2017/2018 budgets for Alexandria Petroleum Company and Amreya Petroleum Refining Company (APRC).
