investment | Egypt Oil & Gas - Part 11

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.

South Africa’s Sasol Invests $2.4m in Establishing Gas Processing Plant in Mozambique

South Africa's petrochemical giant Sasol is investing $2.4m in establishing a gas processing plant in Mozambique that will start in 2019.

ABB to Establish $ 10m Power Transformer Plant

ABB is planning to establish a $10m power transformer factory.

Egypt Electricity Ministry to Contract with Siemens for Wind Farms Construction

Egypt's Ministry of Electricity promised to complete the contract with Siemens for the construction of wind farms with a capacity of 2,000 MW.

El Molla Met with GACIC’s Delegation

El Molla met with German-Arab Chamber of Industry and Commerce's delegation.

El Molla Visited ERC and CORC

El Molla visited the project of the Egyptian Refining Company (ERC) annd the refinery of the Cairo Oil Refining Company (CORC) in Mostorod.

EBRD Finances Egypt’s Carbon Holdings Company

EBRD is providing local petrochemicals producer Carbon Holdings with a $11m loan.

Dana Gas Reports Strong Results in Egypt for Q1 2017

Dana Gas said that total receivables in Egypt increased in the first quarter of fiscal year 2017 to $283m, compared to $265m in Q1-16.

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