Egypt | Egypt Oil & Gas - Part 339
Petroleum Ministry Settles $2.2b to IOCs
The Egyptian Ministry of Petroleum has paid total $2.2b to IOCs in 3 weeks.
Egypt Allocates Fuel Subsidies in 2017/2018 Budget
Egypt allocated EGP 145b for fuel subsidies in the budget of fiscal year 2017/2018.
Egypt Pays $40m in Dues to Dana Gas
Dana Gas received a $40m payment as part of its outstanding receivables from Egypt.
Egypt Pays $750m to IOCs
Egypt paid total $1.5b in arrears to international oil companies (IOCs) in May and June.
El Molla Meets Kazakhstan Ambassador to Egypt
Minister of Petroleum, Tarek El Molla, received Kazakhstan Ambassador to Egypt, Arman Issagaliyev.
Aquaterra Installs PICO’s Offshore Platform in Egypt
Aquaterra Energy supplied and installed a new Sea Swift platform at the Amal field offshore Egypt.
ADES Offers 40% Stake in London Stock Market
ADES Group completed offering 40% of its shares on London Stock Exchange at a price of $16.50 per share.
National Drilling to Regularize Status in the EGX
National Drilling Company will meet financial regulators requirements in 6 months. 
