Egypt | Egypt Oil & Gas - Part 424
Sea Dragon Producing a 1000 Barrels from its Petroamir Concession
Ahmad Farid Moazz, general manager of the Canadian oil exploration company Sea Dragon operating in Egypt, confirmed that the company’s total production is currently at 1,000 b/d.
Sisi: Egypt is Committed to Paying Off Debt to IOCs
Egyptian President Abdel Fattah al-Sisi said that his government is "committed" to paying up debts to oil and gas companies "operating on its soil," reported Aswat Masreya.
Russia, Egypt to Sign Deal for 2nd Nuclear Power Plant
Russian Prime Minister Dmitry Medvedev announced during an interview with Ahram Online that a deal for the construction of a second nuclear power plant in Egypt is about to be finalized.
Petroleum Ministry to List 3 Government Oil Companies on EGX in 2015
Egyptian Minister of Petroleum Sherif Ismail announced that Egypt will choose a local investment bank during the third quarter of the current year to list 3 companies on EGX before the end of 2015, reported Reuters.
Results of Ganope International Bid Round Announced
Sherif Ismail, Minister of Petroleum and Mineral Resources, received a report from the Ganope chairman Abubakar Ibrahim on the results of the company’s latest international bidding round, put forward by the company a ...
Press Release: Egyptian Ministry of Petroleum
The Minister of Petroleum and Mineral Resources, Sherif Ismail, announced that the launching of the new Suez Canal project is a message of hope to the Egyptian people and a gift to the world.
EGPC: New Petroleum Projects Exceeding EGP2.6 Bn
EGPC sources revealed to Al-Mal newspaper that six new investment projects were now on the table to develop a network for transporting petroleum derivatives and fuel all over the country at an expected cost of more t ...
Magapetco Plans Investments for its Hurghada Concession
Chairman Magawish Petroleum Company (Magapetco), Hamdi Hanafi, affirmed that his company’s investment plan for the 2015/2016 fiscal year includes pumping investments of over EGP 70m into its Hurghada concession area.
