development | Egypt Oil & Gas - Part 8
EGPC to Revive Gounat El Petrol
The Egyptian General Petroleum Corporation (EGPC) will fund EGP 90m for the development of "Gounat El Petrol" docking area within Alexandria Port.
Egypt Presents Project Proposals for Saudi Investment
Egypt has presented proposals and feasibility studies for projects in the energy, housing, agriculture, and tourism sectors to the Saudi Arabian government for examination and possible investment.
Egypt, Saudi Arabia Reach Financing Agreements for Development
Egypt and Saudi Arabia have come to terms on a number of loans for investment and development projects in Egypt, that Riyadh has pledged to Cairo since March 2015.
Norway to Help Kenya Develop its Oil Sector
Kenya has entered into a long-term 'Oil for Development' program agreement with Norway to develop its local oil sector by providing support in the management of Kenya's natural resources and protection of the environ ...
Senegal Consortium Expanding Drilling Prospects for SNE Block
FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub
Brazil Oil Regulator Eases Fines on Producers to Improve Development
Brazil’s oil regulator plans to ease future fines for producers who fail to meet strict local-content guidelines as the country seeks to accelerate development of offshore oil and gas resources.
Shell Slashes Spending for 2015-2017
Royal Dutch Shell PLC has curtailed more than $15 billion in potential spending over the next 3 years, but is not “not overreacting to current low oil prices,” and is keeping its “best opportunities on the table,” th ...
Clean Energy Development in Egypt
Egypt was once an exporter of oil and gas, but now it is struggling to meet its own energy needs. The growth in energy consumption is a response to the country's economic expansion, industrialization, and change in ... 
