investment | Egypt Oil & Gas - Part 10

Iran Drills New Wells in Three Months

NIDC drilled over 75 km of oil and gas wells using its drilling fleet during the first quarter of Iran’s current fiscal year.

France to Invest $1.13b in Nigeria’s Oil and Gas industry

The French government says it has set aside about $1.13b to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa.

AfDB to Finance Three Projects within Egypt’s FiT Program

The African Development Bank (AfDB) is considering financing three projects within the Feed-in Tariff (FiT) program in Benban, Aswan for $60m.

Petrofac Inks Agreement with Kuwait Oil Company

Petrofac has agreed a five-year relationship with KOC for the provision of specialist technical training and competency development services.

Sound Energy Establishes News Exploration Program

Sound Energy has kicked off a new program at Sidi Moktar project in Morocco.

Emerson Signs a MoU with Saudi Aramco

Emerson signed a Memorandum of Understanding (MoU) with Saudi Aramco during the recently held Saudi-US CEO Forum in Riyadh.

Saudi Arabia to Participate in Russia’s Arctic LNG project

Saudi Arabia will explore the possibility of participating in Russia's Arctic LNG project.

Russia to Welcome Saudi Investment in Oil Driller Eurasia

The Russian Direct Investment Fund (RDIF) would welcome Saudi investments in Russia's largest oilfield services company Eurasia Drilling.

El Molla Met with Total Executives to Discuss Exploration Opportunities

Tarek El Molla met with Total Executives to discuss the company’s oil and gas exploration projects in the Mediterranean and the Delta area.

SDX Announced Successful SD-1X Well Test at South Disouq

SDX Energy announced the results of the well test conducted on the SD-1X well following the recent natural gas discovery at South Disouq.

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