ADES Oil and Gas Company won a new three-month contract for drilling offshore Egypt along with Eni’s subsidiary, IEOC, Digital Look reported. The contract was awarded by Belayim Petroleum, which is a joint ventu...
The European Bank for Reconstruction and Development (EBRD) has arranged for a first loan worth $170m to Egypt, directed to strengthen safety and environmental standards in the country’s energy sector. According to an...
