investment | Egypt Oil & Gas - Part 16
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.
Merlon to Increase Fayoum Investments to $100m
Merlon, an American company working in research and exploration in Egypt, allocated around $100m to implement production and development operations in its concession area in Fayoum in the next fiscal year 2016-2017 ( ...
Turkey’s Unit International to Build Iran Power Plants
Turkish energy company Unit International has reached a $4.2b deal with the Iranian Energy Ministry to build seven natural gas power plants in Iran, in what it said was the biggest investment in Iran since the liftin ...
France Offers $75.8m Gas Grant to Egypt
The French Development Agency (AFD) has offered Egypt a $75.7m grant to finance a mega-project that aims to facilitate access to natural gas to 2.4m Egyptian households.
Saudi Acwa Power Mulls $12b Energy Investment in Egypt
Saudi company Acwa Power intends to invest $12b in the Egyptian energy market over the next five years.
Egypt Negotiating South Korean $3b Investment
South Korea aims to increase its investments in Egypt to $3b mainly in renewable energy, electricity, and desalination.
UAE Allocated $4b in Support to Egypt
The United Arabic Emirates has allocated $4b to Egypt to boost country's economy, the UAE state news agency WAM informed.
