finance | Egypt Oil & Gas - Part 3

China’s Bank Ready to Finance Petroleum Projects in Egypt

After a meeting between the Minister of Petroleum and Mineral Resources, Tarek El Molla, and a delegation of China Development Bank (CDB), the bank expressed its readiness to finance petroleum Projects in Egypt.

Dolphin Energy Wins $863m Loan

UAE's Dolphin Energy Ltd., an Abu Dhabi-controlled venture, providing 2cf/d of gas from Qatar to Oman and the UAE, has secured a 15-year long bank loan of $863m.

MOPCO Suez Wins $2bn Finances for PetroChem, Fertilizer Project

Misr Company for Oil Industries MOPCO Suez plans to carry out a new project to produce aromatic fertilizer and petrochemical products in Ain Sukhnan at a total cost of $2bn.

Kuwaiti Refinery Construction Put on Hold

The start-up of Kuwait's Al Zour crude oil refinery is expected to be delayed after rising construction costs forced state refiner Kuwait National Petroleum Co (KNPC) to seek more money to finance the plant

Egypt’s Carbon Holdings Hopes to Conclude $4bn Debt Financing

Egypt's Carbon Holdings hopes to conclude a $4 billion debt financing with export credit agencies to back its $7.4 billion Tahrir Petrochemicals project by the end of this year, its chief executive said on Monday.

Islamic Finance, Iran Oil Bracing for Post-Sanctions Era

Few people are likely to be counting on a successful conclusion to Iran’s nuclear agreement more than the country’s bankers.

Japan-Saudi Petrochem Complex Secures Finances for Expansion

Saudi Arabia's PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has signed loans worth 19.4 billion riyals ($5.2 billion) for the expansion of its petrochemicals complex, it said on Tuesday.

National Petroleum Services of Dubai Secures $200 Million for Refinancing

Dubai-based oilfield services firm National Petroleum Services (NPS) has secured a $200 million refinancing deal from a group of banks and financial institutions,

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