Egypt | Egypt Oil & Gas - Part 350

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.

El Molla Issues New Promotion

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a new promotion for Chairman of the Egyptian Company for Sport Services for Employees of the Petroleum Sector SAE (Petrosport).

99% of Dabaa Contracts Concluded

99% of the contracts necessary for the implementation of Al Dabaa nuclear plant have been agreed on.

El Molla Visits Khalda Petroleum’s Concessions

Tarek El Molla visited Khalda Petroleum's concessions in the Western Desert and pointed out measures taken to encourage international oil companies (IOCs) to boost investments in the country.

Banks Consortium to Finance Coal Power Plant

A consortium composed by nine banks will fund the establishment of a coal-fired power plant in Hamrawein.

Page 350 of 467

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