BNP Paribas | Egypt Oil & Gas

Midor Signs $1.2B Loan Agreement

Middle East Oil Refinery (Midor) has signed the final contracts for a $1.2 billion syndicated loan from Italy’s CDP, France's BNP Paribas, and Crédit Agricole.

MIDOR to Receive $1.2B from Banking Consortium

The Middle East Oil Refinery (MIDOR) will receive a $1.2 billion loan from Crédit Agricole, BNP Paribas, and Italian bank Cassa Depositi e Prestiti to finance the second phase of the expansion plans carried at its ...

Cheiron Acquired Engie’s West El Burullus Gas Concession

PICO Group subsidiary, Cheiron, took over 100% of Engie's West El Burullus gas concession.

Egypt Strengthens Gas Production

BNP PARIBAS stated in a study that Egypt is a world-class hydrocarbon area with active drilling in four basins.

EETC Secured $209m for Transmission Facilities

A banking consortium headed by BNP Paribas signed a funding agreement with the Egyptian Electricity Transmission Company (EETC) for six new power transmission stations.

Europe Invested $650m In Power Plant Upgrades

Egyptian Minister of Investment, Dalia Khorshid, witnessed the signing of a loan with BNP Paribas worth $650m for the development of two power stations in Assuit and west Damietta.

Egypt Selects 4 Investment Banks for USD Bond Issuance

Egypt’s Ministry of Finance picked four banks to manage a dollar bond issuance, as the country plans to sell $3b to $5b in international bonds during the current fiscal year ending June 30 2017, with the first issuan ...

Sea Dragon Energy closes a US$50 million loan facility

Sea Dragon Energy Inc. is pleased to report the closing of a 5-year senior secured US$ 50 million loan facility with BNP Paribas and HSBC Bank PLC.

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