Egypt | Egypt Oil & Gas - Part 340
GPC to Take EGP 3 B Loan for Exploration
The National Bank of Egypt (NBE) and Banque Misr are securing a EGP 3 billion loan for General Petroleum Company (GPC) to fund exploration and drilling activities, as well as debt restructuring.
Zohr’s Investments to Exceed $4B
Egyptian Zohr field's total investments may increase to more than $4 billion by the third quarter of 2017, from the current $3.8 billion, making around 5% increase.
Dana Gas: Production in Egypt Rose in 1H
Dana Gas announced that its production of gas in Egypt rose by 13%.
El Molla: Egypt Experienced a Boom in Petroleum Investment
The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Qarun Petroleum Company and Khalda Petroleum Company to review their fiscal year (fy) 2016/2017 operations.
El Molla Urges Redoubled Effort in Atoll Field
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired a meeting to review the development of the Atoll gas field.
Sisi to Attend Fifth Tripartite Meeting with Cyprus and Greece
Egyptian President Abd El Fattah El Sisi will attend a fifth tripartite summit with Cypriot President Nicos Anastasiade and Greek Prime Minister Alexis Tsipras.
Egypt to Reduce LNG Imports by 32%
The Egyptian government is accelerating its efforts to lower natural-gas imports.
GPC Launches New Bid Round in Eastern Desert
The General Petroleum Company (GPC) announced its latest exploration tender.
