Egypt | Egypt Oil & Gas - Part 295

Enppi IPO Expected in H1 2018

Egypt is expecting the initial public offering (IPO) of the Engineering for the Petroleum and Process Industries (Enppi) to take place during the first half of 2018.

Egypt’s Presidential Elections Announced

Egypt 2018 presidential elections would begin abroad on March 26th, The National Electoral Commission (NEC) announced on January 8th during a press conference.

Egypt Approves a $648 M Deal with EU

Egypt’s government approved signing three vital international agreements, including around $647.83 million deal with the European Union (EU).

Egyptian Finance Ministry to Issue Letters of Guarantee for 30 Solar Firms

The Egyptian Ministry of Finance plans to issue letters of guarantee for 30 solar energy firms under the terms of phase II of the Feed-in-Tariff (FiT) program.

El Molla Highlights Necessity of Continuous Coordination in Zohr

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, highlighted the necessity of continuous coordination between companies in operating Zohr gas field.

El Molla Issues New Promotions

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.

BTE2 Well Adds 25 mscf/d to Natural Gas Production

Egypt’s BTE2 Well, which is operated by Royal Dutch Shell’s Joint Venture in Egypt, Badr El Din Petroleum Company (BAPETCO), has started production phase on January 7th.

Egyptian Oil Firms Seeking to Double EGP 10 B Loan

Egypt’s Co-Operation Petroleum Company (COOP) and Misr Petroleum Company sent a letter to an Egyptian banking consortium asking to double an EGP 10 billion loan, which was granted late 2014.

El Molla Issues New Promotions

The Egyptian Minister of Petroleum and Mineral Resources, Tare El Molla, issued new promotions and transfers.

Qalaa Holdings Announces 38% Revenue Growth in Q3 2017

Qalaa Holding announced 38% year-over-year (Y.o.Y) growth in revenue during the third quarter of 2017, reaching EGP 2.47 billion, and a 182% Y.o.Y increase in earnings before interest, taxes, depreciation, and amo ...

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