FDI | Egypt Oil & Gas

Egypt’s Oil Trade Balance Achieves $2.1 billion Surplus in July-December 2021/22

Egypt's oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of the fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier.

ADNOC Announces Awarding $3.6 B Contracts

The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts for the procurement of casing and tubing, with a combined scope of $3.6 billion.

South Sudan Expects More FDI in Oil Production

Foreign direct investments (FDI) in South Sudan increased to reach around $1 billion, compared with $250 million in fiscal year (FY) 2016/17.

Oil Sector Doubles Net FDI during July/March FY 2017/18

More than half of Egypt’s net foreign direct investment (FDI) during the first nine months of FY 2017/18 was invested in the oil sector.

84% of Q1 FDI Flows to Energy Sector

Egypt's energy sector received approximately 84% of the country's foreign direct investment (FDI) during the first quarter of 2017/2018

Nasr: Rolling Back Red Tape Essential to Increase Investment

The Minister of Investment and International Cooperation, Sahar Nasr, said that her ministry was working to eliminate red tape and bureaucratic measures that discourage investment.

Net FDI in the Oil Sector Rises 135%

Net foreign direct investment (FDI) in the oil sector rose by 135% in fiscal year (FY) 2016/2017, according to the Central Bank of Egypt (CBE).

Engie CEO: Egypt’s Oil & Gas Industry has Comparative Advantage

The Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the CEO of Engie, Philip Olivier, to discuss Engie’s participation in Egypt’s liquefied natural gas (LNG) market.

Egypt Approves New Investment Regulations to Bolster FDI

Egypt’s cabinet finalized and issued regulations for the country’s new investment law.

Tarek El Molla Met with the Romanian Ambassador to Egypt

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, received the Ambassador of Romania to Egypt, Mihai Ștefan Stuparu, to discuss the high level of coordination between the two countries.

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