Agreement | Egypt Oil & Gas - Part 35
Solar Energy Companies Threaten to Withdraw from FiT
More energy companies could be withdrawing from phase one of the feed in tariff (FiT) program if the Electricity Ministry doesn’t respond to their financial and technical offers soon.
Shell Sold Its Shares in Vivo Energy
Royal Dutch Shell PLC has signed a $250m agreement with Vitol Africa B.V. for the sale of it 20% stake in Vivo Energy, which supplies fuels and lubricants to marine markets.
Penspen, Crestech Signed Agreement in Nigeria
Penspen signed a strategic alliance agreement with Crestech Engineering to provide engineering, project management and asset integrity services and operation and maintenance services for oil, gas and energy assets in ...
Khartoum, Juba Extended Oil Agreements
Sudan and South Sudan agreed to extend the financial arrangements on agreement in the oil field.
Nigeria Exempted from OPEC Output Cuts
Nigeria got special concessions as the Organization of Petroleum Exporting Countries (OPEC) reached the much sought consensus to cut oil production by 1.2m b/d, effective January 2017.
Tanzania, Uganda to Expedite Crude Pipeline
Tanzania and Uganda agreed to speed up the execution of the $3.5b East Africa crude oil pipeline (EACOP). The parties considered removing the fiscal package from the intergovernmental agreement (IGA).
Egypt Approves Five New Oil, Gas Exploration Deals
Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies.
Egypt, France Sign $76.5m Gas-to-Homes Agreement
Egypt and France have signed a grant agreement worth $76.5m to be allocated to gas-to-homes projects, according to the Ministry of International Cooperation's official website.
