foreign companies

  • Egypt Aims to Reschedule Debt Payment to IOCs in 2017

    Egypt Aims to Reschedule Debt Payment to IOCs in 2017

    Monday, 20th February 2017
    Egypt's PM Sherif Ismail's cabinet wants to reschedule the debts to be paid to foreign oil companies operating in the Egyptian sector during 2017 in order to be able to pay out the entire debt by 2019.
  • Iran to Start Global Tenders

    Iran to Start Global Tenders

    Tuesday, 18th October 2016
    Iran will invite foreign companies to bid for oil and gas projects in the country's first round of tenders since sanctions were lifted in January.
  • Egypt Reduces Debts to IOCs to $3.4b

    Egypt Reduces Debts to IOCs to $3.4b

    Tuesday, 5th July 2016
    Egypt has reduced the arrears it owes to foreign oil companies by $100m to $3.4b in 2015/2016, compared to the previous year, declared the Petroleum Minister, Tarek El Molla.
  • Uganda Pipeline Project May Detour to Tanzania

    Uganda Pipeline Project May Detour to Tanzania

    Thursday, 17th September 2015
    Uganda's long-awaited pipeline through Kenya has hit another snag after Uganda's government announced that it is still considering a pipeline through Tanzania to export oil if it proved cheaper than alternatives,
  • Iran to Sell its Flared Associated Gas to French Company

    Iran to Sell its Flared Associated Gas to French Company

    Wednesday, 19th August 2015
    Iran's Minister of Petroleum Bijan Zangeneh announced on Iranian TV that an unnamed French company wanted to buy associated gas from the offshore Forouzan platform, to be converted into LNG afterwards