funding | Egypt Oil & Gas
TotalEnergies to Stop Funding New Projects in Russia
TotalEnergies announced that it will not provide capital for any new projects in Russia. It made this statement in a press release in which it condemned Russia’s military aggression against Ukraine. TotalEnergie...
Aramco Seeks a $7.5 B Loan for Pipelines Investors
Saudi Aramco is seeking a loan worth $7.5 billion for potential investors in its oil pipelines, sources familiar with the matter told Bloomberg. According to the sources, the Saudi company started discussions with len...
ECHEM Considers Issuing 1 B Instrumentation Program
The Egyptian Petrochemicals Holding Company (ECHEM) mulls the issuance of an instrumentation program worth EGP 1 billion to diversify its funding mechanisms, anonymous sources told Al Shorouk. The sources said that th...
Oman Close to Fund 75% of LPG Project
Oman Oil Facilities Development Company LLC, subsidiary of the Sultanate’s investment arm Oman Oil Company, is in an advanced stage to secure 75% funding for its $600m liquefied petroleum gas (LPG) extraction project ...
South Africa to Raise $11b for Nuclear Plant
South Africa’s power utility Eskom estimates it would have $11b within ten years to help fund a nuclear expansion program planned by the government, Reuters reported. Eskom’s Group Executive for Generation...
Tunisia Receives $16.3m in EU Funding for Renewables
The European Union will provide $16.3m in funding for renewable energies and energy efficiency initiatives in Tunisia as part of a $54.3m funding package to support development of the private sector and professional t...
Nigeria’s Oil Firm NNPC Secures Funding for 36 Wells
Nigeria’s oil firm NNPC had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa’s largest crude producer. “In a landmark move ...
Sisi to Ink Energy Deals in China
President Abdel Fattah al-Sisi begins tomorrow an important state visit to China, to participate in its 70th World War II end anniversary celebration, as part of an Asian tour which he had initiated with Singapore an...
IFC to invest $ 2 bn in Egypt’s Energy and Infrastructure
The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion in Egypt over the next four years, focusing on infrastructure and energy,...Page 1 of 1
