investment | Egypt Oil & Gas - Part 15
Algeria to Invest $50b in Oil & Gas
Algeria’s hydrocarbon company Sonatrach will invest more than $50b from 2017 to 2021 in exploration projects and production, O&G Link informed following the statement from the group’s Vice President for Expl...
Solar Power Companies Consider Exiting FiT
Seven solar power companies that signed on projects under the terms of the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs, according to Al Borsa. The c...
MENA Energy Investments Could Reach $1t by 2021
Energy and power projects totaling $622b in MENA and Iran could materialize between now and 2021 depending on oil prices, creditworthiness of countries and geopolitics, The National informed. Zawya reported that, full...
Spain to Invest in Egypt’s Solar Energy Sector
Spain is planning to bring in investments into Egypt to produce solar cells in the coming period, Egyptian Minister of Trade, Tarek Qabil announced according to Amwal Alghad. Qabil made his remarks at the Egypt-Spain ...
El Molla Meets with Korean Ambassador in Egypt
A press release to Egypt Oil&Gas stated that Minister, Tarek El Molla, has met with South Korean Ambassador to Egypt, Yoon Soon Gu, to review the activities of Korean oil and gas companies. The meeting discussed p...
Sasol Aims to Produce Oil in Mozambique in 2-3 Years
Petrochemicals group Sasol has found oil in wells off Mozambique and aims to bring the fossil fuel to production for the first time in the southern African nation, one of its joint chief executives said, according to ...
El Molla Meets with Chinese Delegation over Projects Development
A press release to Egypt Oil&Gas stated that The Egyptian Ministry of Petroleum and Mineral Resources, Tarek El Molla, met with Industrial and Commercial Bank of China ( ICBC) delegation headed by Evy Tsai, the Ge... UAE: Arab Energy Companies to Inject Investments in Egypt
Two Arab Energy Companies are willing to expand their work in the Egyptian petroleum sector, Al Borsa informed. UAE’s Safwan Company devoted $2m for initial investments in the Egyptian oil market. The company...
