BNP Paribas | Egypt Oil & Gas
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, a source at the Ministry of Petroleum told Al Shorouk. The loan will...
Cheiron Acquired Engie’s West El Burullus Gas Concession
PICO Group subsidiary, Cheiron PICO, has acquired 100% of French Engie’s West El Burullus gas concession, which is located in shallow offshore Mediterranean waters. The concession acquired owns recoverable reser...
Egypt Strengthens Gas Production
BNP PARIBAS stated in a study issued on the 2nd of May that Egypt is viewed as a world-class hydrocarbon area with active drilling in four basins, including in the Mediterranean, which holds 65% of the country’s total...
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. The banks will finance the project with around $...
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, Al Mal News reported. The long-term ...
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 issuanc...
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. The Facility provides the Company with access to additional capital, ...Page 1 of 1
