Misr Insurance to Insure Loans for Low-Income Gas Consumers
Misr Insurance Company agreed to insure EGP 50 million in interest-free loans offered by Nasser Social Bank to poor families to assist them in purchasing natural gas.
Egypt | Egypt Oil & Gas - Part 313
GPC to Raise EGP 3.2B
Al Ahli Bank of Kuwait (AKB) will partially finance an EGP 3.2 billion loan package to the General Petroleum Company (GPC) to support exploration and drilling operations.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
PMS Installs 2nd Platform for GPC
Petroleum Marine Services (PMS) installed a second platform, weighing 600 tons, for the General Petroleum Company (GPC).
EGPC Denies Reports of Diluted Gasoline
The Egyptian General Petroleum Corporation (EGPC) denied reports spread on social media that a number of gasoline stations were mixing water with their gasoline.
Eni to Drill Two News Wells off Cyprus
Eni will drill two new exploratory wells in Cyprus’ territorial waters.
El Molla Attends GECF Ministerial Forum
The Egypt Minister of Petroleum and Mineral Resources, Tarek El Molla, addressed the attendees of the 4th Ministerial Summit of Gas Exporting Countries Forum (GECF)
Petrojet, NPCC Sign MoU
Petrojet signed a memorandum of understanding (MoU) with National Petroleum Construction Company (NPCC) to enhance oil and gas project cooperation.
Apex Names CFO
Apex International Energy appointed Robert Milius as its new Chief Financial Officer (CFO).
SDX Completes Work-Over Program
SDX completed a work-over program at the North West Gemsa Concession to reverse production declines from the concession’s wells.
