energy investments | Egypt Oil & Gas

Zarou to Invest $1 B in Egypt’s Energy Infrastructure

Zarou, a MENA-focused energy development company, plans to invest $1 billion in Egypt’s energy infrastructure in 2020, according to the Cabinet.  Sameh Shenouda, Zarou’s CEO, affirmed the company’s plan to invest in s...

EBRD Mulls Pumping $60 MM in Infinity Energy

The European Bank for Reconstruction and Development (EBRD) announced in a statement published on the bank’s website on October 14, 2019, its intention to invest $60 million in the Egypt-based firm, Infinity Ene...

KPC to Invest $50 B in Expansion Projects

Kuwait Petroleum Corporation (KPC) plans to invest around $50 billion in expansion projects and new refineries, Jamal Alloughani, the company’s Deputy Director of Marketing told CNBC Arabia, Mubasher reported. T...

MENA’s Energy Investments Will Reach $900b Until 2020

The MENA region’s total committed and planned energy investments will reach $900b over the next five years, according to a new report published by the Arab Petroleum Investments Corporation (APICORP), Arab News ...

South Africa to Transfer Critical Technology and Mediate Investors, if Iran Sanctions Lifted

According to Tansim News Agency, South Africa has formally announced its readiness to resume crude imports from Iran, once sanctions were fully lifted. South Africa’s Deputy Energy Minister Thembisile Majola made thes...

Egypt and Jordan Set to Sign More Energy Cooperation Deals

Egypt and Jordan’s trade exchange was equivalent to $732m in 2014, with electric power exportation being an essential component in trade between both countries, according to Minister of International Cooperation Nagla...

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