ASORC Negotiates $500M Loan
The Assiut Oil Refining Company (ASORC) has completed talks with local and Gulf banks for a $500 million loan, a part of the $1.9 billion financing package for the mazut hydrocracking complex.
Egypt | Egypt Oil & Gas - Part 240
Qalaa Holdings Showcases ERC at African Forum
Qalaa Holdings Company presented its $4.3 billion Egyptian Refining Company (ERC) at the African Investment Forum as a case study for boosting the attractiveness of private investment using policy reform.
El Molla Meets with Energy Ministers
Egyptian Petroleum Minister, Tarek El Molla, met with Saudi Energy Minister, Khalid Al-Falih, to discuss global petroleum market updates.
El Molla Meets with IOCs Heads
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of several international oil companies (IOCs) on the sidelines of the Abu Dhabi International Exhibition & Conference (ADIPEC 2018).
Jordan Seeks Increasing Natural Gas Imports from Egypt
Jordan seeks to increase its natural gas imports from Egypt to meet a third of its demand, said Hala Zawati, Jordanian Minister of Energy.
Abu Sennan Oil Production Reaches 3,800 b/d
Rockhopper Exploration Company announced that production from the Abu Sennan concession has reached around 3,800 barrels per day (b/d), 22% of which is the company's share.
El Molla: Egypt Looking to Become Refining Hub
Egypt is looking to take advantage of the region's natural gas discoveries by becoming a hub for refining, manufacturing, distribution and transportation of oil and natural gas.
Mubadala to Acquire 20% of Noor Concession
UAE's Mubadala company reached an agreement to buy a 20% stake in the Noor offshore concession from Eni.
EGPC to Sign Contracts for 2018 E&P Tender in 2019
The Egyptian General Petroleum Corporation (EGPC) is preparing to sign contracts related to the exploration and production (E&P) tenders it launched in 2018.
TransGlobe Allocates $24.1M Capital Budget for Egypt in 2019
TransGlobe Corporation has announced it will allocate a $24.1 million capital budget for Egypt during 2019.
