Apache | Egypt Oil & Gas - Part 6
El Molla Met with Apache’s CEO
Egyptian Minister of Petroleum, Tarek El Molla, met with Apache's CEO, John Christmann to discuss expanding the company’s exploration projects in Egypt.
EGPC, Tax Authority to Discuss Value Added Tarrifs
The Egyptian General Petroleum Corporation (EGPC) will meet with the Egyptian Tax Authority in order to discuss applying the Value Added Tariff (VAT) on petroleum activities.
Egypt, China Discussed Future Collaborations
Egyptian Minister of Petroleum, Tarek El Molla, met with China's Sinopec CEO to discuss investments.
Apache to Drill 20 Gas Wells
US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas.
Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m
Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.
Apache to Invest $909m in Egypt
US Apache will invest $908.9m in drilling 97 new wells in Egypt's Western Desert during fiscal year 2016/2017.
Egypt’s PM Talks Expansion Plans with Apache
Egyptian Prime Minister, Sherif Ismail, met with the US oil and gas producer, Apache Corporation, to discuss the company’s plans to inject investments in Egypt during the coming period on new explorations.
Shell, Apache to Complete Apollonia Field Tests by June
Royal Dutch Shell will partner up with the American corporation Apache in the Apollonia field in the Western Desert to complete the initial tests required for gas production by end June.
