Egypt | Egypt Oil & Gas - Part 740

News / Egypt

Finance Ministry Increases Cash Allocation to Oil Ministry

Egypt increased the Ministry of Petroleum's allocations from Finance Ministry to be $1b.

Shell Is a Platinum Sponsor of EGYPS 2017

Shell is one of the main sponsors of the long-awaited Egypt Petroleum Show (EGYPS 2017).

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.

Page 740 of 1043

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