investment | Egypt Oil & Gas - Part 20
Nigeria’s NNPC to Invest $20b in its Operations Next Year
Nigerian National Petroleum Corporation announced planned investments of around $20b in its operations next year, with the aim of ensuring that Nigeria’s crude oil production capacity hits 3m bpd by the end of 2016.
Sadara Moves Ahead with Petrochemical Strategy
Saudi Arabia's Sadara Basic Services has signed agreements covering storage facilities and port services in preparation for its petrochemicals production strategy, that will begin by the end of this year, reported Re ...
Egypt to Renegotiate Contracts with IOCs
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry aims to renegotiate the current contracts with IOCs, in order to achieve economic balance between the foreign investor and state com ...
China, Britain Nuclear Power Agreement Reached
State-funded China General Nuclear Power Corporation has reached an agreement with France's EDF Energy to collaborate on new nuclear power plants, the BBCreported.
Ministry of Petroleum Offers Incentives to Investors
In a statement made to Egypt Oil & Gas, a source at the Petroleum Ministry revealed that new incentives were being enacted for the coming period to attract foreign investors.
Kenya to Host an International Investment Conference
Kenya is planning to host an international investment conference from Nov. 22 to 25 to attract investors for projects, including expansion of airports, railway, tourism, roads, dams, and energy projects.
Tarek El-Molla: The Future Lies in Fuel Producing SMEs
Tarek El-Molla, Minister of Petroleum and Mineral Resources, said that encouraging the establishment of small and medium-sized petrochemical companies will provide two advantages. First, enough products for local mar ...
Misr-Iran Bank to Contribute Part of Assiut Oil Refinery’s $150m Loan
Misr Iran Development Bank is planning to contributing $10m to Assiut Oil Refining Company’s loan worth $150m.
