Kuwait Energy to Sell a Spin-off of its Egyptian Assets
Kuwait Energy has hired Perella Weinberg Partners (PWP) investment bank in order to advise on the selling of a spin-off of the company’s Egyptian assets.
Egypt | Egypt Oil & Gas - Part 258
IMF, Egypt Reach Staff-Level Agreement on $2B Tranche
The International Monetary Fund (IMF) has announced that they have reached a staff-level agreement with the Egyptian authorities regarding the third review of the country’s economic reform program.
Egypt to Start Gulf of Suez Seismic Survey in 2018
Egypt will start the seismic survey for the Gulf of Suez region before the end of 2018, in order to provide new opportunities for exploration and production (E&P).
SDX Energy Announces Ibn Yunus 1X Well Test Results
SDX Energy has announced that the test results of the Ibn Yunus 1X well were positive.
Mitsubishi Hitachi to Renew Egyptian Power Plant
Mitsubishi Hitachi Power Systems has signed an agreement with the Cairo Electricity Production Company (CEPC) to renew of Cairo West thermal power plant.
SDX Energy Quarterly Revenues Rise by $3M YoY
SDX Energy’s net quarterly revenues rose almost $3 million year-on-year (YoY) in Q1 2018.
Carbon Holdings to Start Tahrir Petrochemicals Complex End of 2018
Carbon Holdings will start constructing the Tahrir petrochemicals complex by the end of 2018.
Egypt Gas Announces Q1 Losses
Egypt Gas Company has announced pre-tax losses of EGP 12 million in Q1 2018.
Shell to Start Production at Phase 9B in WND
Royal Dutch Shell will start production at the 9B phase of the West Nile Delta (WND) project during Q3 2018.
El Molla Announces Ministerial Promotions
Egyptian Minister of Petroleum, Tarek El Molla, has announced new promotions and transfers for senior positions in the Ministry of Petroleum.
