Egypt | Egypt Oil & Gas - Part 395
Egypt to Launch Oil Firms IPO
The Egyptian Minister of Investment, Dalia Khorshid, said that the country is set to launch its initial public offerings (IPO) in government-owned companies with oil sector businesses.
Egypt to Sign Maritime Demarcation Agreements
After the late agreement with Cyprus, Egypt will sign a maritime demarcation agreement with Greece which paves the way for future cooperation between Egypt, Cyprus, Greece and Israel.
Tamar, UFG Negotiating Gas Pipeline
Israeli Tamar Partnership and the Spanish energy company Union Fenosa Gas (UFG) are holding talks on a possible pipeline gas supply deal reviving the 2014 memorandum of understanding that has since been halted over t ...
Israel Seeking New Investors for Offshore Gas Exploration
Israel is seeking new investors to explore for natural gas fields in the offshore areas, as the country’s Energy Minister, Yuval Steinitz, is touring talks in London with energy giants, hoping to interest companies t ...
Egypt Paid $5.4b in Oil, Gas Arrears
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry has paid off an amount of $5.4b to cover all arrears for the fiscal year 2015/2016 in regard to purchases of equity c ...
Dana Gas to Discuss $700m Debt Mix
Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700 million Islamic bonds maturing next year. The company’s CEO, Patrick Allman-Ward, said that ...
Adenium to Secure 85% Funding for Aswan Solar Plant
The Adenium Energy coalition is close to sealing a deal with a British bank to fund 85% of the cost of a 50-MW solar power plant with feed-in tariff (FiT) contract in Aswan, southern Egypt. The deal in tails investme ...
El Molla Reviewed Agiba’s Fiscal Results
Egyptian Minister of Petroleum, Tarek El Molla, headed a general assembly of Agiba Petroleum Company to review fiscal results for 2015/2016.
