EGPC | Egypt Oil & Gas - Part 52
Oil Ministry Eyes Foreign Investment Rise by $1b
Egypt’s petroleum ministry is eyeing larger foreign investments in drilling and exploration projects to amount to $8.5b by the end of fiscal year 2015-16, up by $1b, Amwal Al Ghad reported. The Egyptian General ...
Egypt’s Petrotrade Negotiating EGP 4b Bank Loan
Egypt’s Petroleum Services Petrotrade holds negotiations with local banks to borrow EGP 4b to be able to pay the dues of the Egyptian General Petroleum Corporation (EGPC) related to oil products, Al Mal News reported....
EGPC, Edison to Develop Abu Qir’s 2nd Phase
Egypt’s General Petroleum Corporation (EGPC) has inked a cooperation agreement with Italy’s Edison International to develop the second phase of the offshore Abu Qir gas field, wrote Star Africa. The $220m deal involve...
Oil Minister Evaluated Zohr Operation Developments
Tarek El-Molla, Minister of Petroleum and Mineral Resources, held the second monthly meeting with the higher committee which included the Egyptian Natural Gas Holding Company (EGAS), Egyptian General Petroleum Corpora...
Egypt to Receive 700,000 Tons of Petroleum Products from KSA
Saudi Arabia will provide Egypt with 700,000 tons of petroleum products a month under a $23b deal over five years signed between Saudi Aramco and the Egyptian General Petroleum Corporation (EGPC), an EGPC official was...
EGPC Considers GPS in Butane Gas Transportation
Officials in the petroleum sector are currently considering the use of GPS in cars transporting butane gas to keep tabs on smuggling operations and to combat black market sales, a source at the Egyptian General Petrol...
Oil Minister, Italian Edison Discuss Development of Abu Qir Field
Tarek El Molla, Minister of Petroleum and Mineral Resources, met with Marc Benayoun, CEO of Edison International Group and President of the Board of Directors, to discuss the development of the second phase of Abu Qir... Petroleum Minister Issues New Promotions
Minister of Petroleum and Mineral Resources Tarek El-Molla issued promotions and transfers in the petroleum sector with a goal to enhance performance in line with the current requirements of the industry. Dr. Sheriff ...
