The state news agency MENA reported that Egypt is set to secure a $430 million loan from Japan to fund a 220-megawatt wind farm as it tries to boost its renewable energy output.
Sea Dragon Energy Inc. is pleased to announce that the Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt.
The Egyptian General Petroleum Corporation (EGPC) announced that it inked a 2 billion Egyptian pounds loan with 17 public and private banks, aiming to fund its own ongoing operations.
Kuwait Energy announced that it discovered a new oilfield in the Egyptian western desert, Borg El Arab field is considered the company's fifth consecutive discovery since last year.
Eng. Sameh Fahmy, the minister of petroleum, stressed on the importance of the continuous work to increase the financial profit from oil resources industry, and he encouraged the Egyptian companies to invest more in the search and exploration for oil and gas
Sea Dragon Energy Inc. is pleased to announce it has entered into an Alliance Agreement with Tanmia Petroleum Company (TPC), an company incorporated in Egypt and owned one hundred percent by the Egyptian General Petroleum Corporation (EGPC).
Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced two gas discoveries in the Nile Delta, Egypt .
Egypt Oil and Gas (EOG) knew that there will be another movement of promotions within the Egyptian Petroleum sector in the coming week. The movement will witness interchanges for figures inside the domestic petroleum sector as well as promotions for others.
Banks alliances, which submitted offers to win the Egyptian General Petroleum Corporation's bid for the $ 2 billion loan, said it will soon announce the winning coalition during this month, according to a source close to the banks.