Egypt, Italy Talk Investments
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Italian Ambassador to Egypt, Giampaolo Cantini, to discuss increasing possible cooperation and investments of Italian firms.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Italian Ambassador to Egypt, Giampaolo Cantini, to discuss increasing possible cooperation and investments of Italian firms.
Enppi signed an engineering consulting contract with Fluor Corporation for the phosphoric acid production project, which is being implemented in Abu Tartour area at the New Valley governorate.
Italy’s Eni will increase natural gas production from Egypt’s Zohr field by 1.4-1.5 billion cubic feet per day (bcf/d) by the end of 2018.
The Egyptian Ethylene and Derivatives Company (Ethydco) sold 351,000 tons of polyethylene in 2017, 89,000 tons of which were sold in local markets.
The Egyptian Minister of Petroleum Tarek El Molla has discussed Toyota's feasibility study for establishing a refining and petrochemical complex in Suez with company officials.
Italian oil and gas company Eni has agreed to sell 10% of its stakes in Egypt’s Shourouk offshore concession to UAE’s Mubadala Petroleum.
Egypt and France signed four deals worth around $73.84 million in the fields of energy, healthcare, SMEs, and transportation.
El Molla examines the ministry’s strategy to connect total of 1.35 million households to the national natural gas grid in 2018 in replacement of butane.
Egypt Gas Company announced increasing profit by 6% Year-on-Year (Y.o.Y) to reach EGP 25.6 million in 2017, compared to EGP 24.14 million in 2016.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, joined Riccardo Puliti, Senior Director of Energy & Extractives at the Wold Bank (WB), and accompanying delegation to discuss oil and gas p ...