Eni's CEO, Claudio Descalzi, visited the offices of a petroleum plant near Port Said to inspect operations on Eni’s $11bn Zohr offshore gas development.
Toyota, Orascom, and GD France alliance is waiting the New and Renewable Energy Authority (NREA) to complete the land allocation agreement for the Gulf of Suez wind farm.
Ganoub El Wadi (Ganope) signed a Memorandum of Understanding (MoU) with Russia's Zarubezhneft Jst and the Egyptian Natural Gas Holding Company (EGAS) to develop petroleum production ratio.
The Egyptian General Petroleum Corporation (EGPC) will meet with the Egyptian Tax Authority in order to discuss applying the Value Added Tariff (VAT) on petroleum activities.