investment | Egypt Oil & Gas - Part 15

APEX Awarded First Blocks in Egypt

Apex International Energy has been awarded its first blocks in Egypt for a minimum investment in two concessions of $27.4m in first exploration phase.

China to Invest in Iran’s Petchem Catalysts Project

A Chinese company has expressed readiness to invest in Iran’s petrochemical catalysts project with a total investment of $400m,

Total to invest $100m in Egypt

Total's Senior Vice President for Africa, Stanislas Mittleman, stated that the company will invest $100m in Egypt

Uganda to Look for New Investors in $4b Oil Refinery

The Ugandan government has launched a search for new investors for the construction of a $4b oil refinery in Hoima.

Iraq Reached $3.6b Foreign Oil Investment Deal

Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...

Russia to Invest $20b in Venezuelan Oil

Russian energy giant Rosneft's CEO, Igor Sechin, met with the President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pinothe, and the leadership of the country to discuss four cooperation agreements worth $20b.

China to Sell $9.45b Stakes in Gas Pipeline

China Petroleum & Chemical Corporation (Sinopec), the second-largest oil and gas group in the country, plans to sell 50% of its premium Sichuan-East China natural gas pipeline business to investors.

Botswana Urges SADC Members to Co-Invest in Energy

Botswana’s Minister of Minerals, Energy and Water Resources has emphasized the importance of joint strategic investments in securing water and energy in the Southern African Development Community (SADC) region.

Egypt, Kuwait Debate Joint Investment Strategies

Minister of Petroleum and Mineral Resources Tarek El Molla welcomed a delegation from Kuwait Petroleum Corporation (KPC) headed by Nabil Bourisly, the Managing Director of International Marketing, with whom he discus ...

Croatia Secures $75m Onshore Oil Exploration Investment

The Croatian government has awarded two firms contracts for four onshore oil and gas exploration blocks in the country’s northern and eastern zones for a total investment of $75m.

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