investment | Egypt Oil & Gas - Part 20

Sousa: Petroleum Sector Preparing for New Investments Worth $10bn

The First Undersecretary for Gas Affairs at Egypt’s Petroleum Ministry, Sherif Sousa, said Egypt plans to propose projects amounting to $10bn, along with other investments at $9bn. The plan also includes petrochemica ...

Egypt’s Natural Gas Investments Total $13bn: Official

The total volume of Egypt's investments projected for the drilling and extracting natural gas has reached US$13 billion, the first undersecretary of the Egyptian oil ministry Shrief Sosa said Monday.

Investment Minister: Billions Coming into Renewables, but Land and Currency Problems Still Need Resolution

Government seeks to resolve land shortage, foreign currency crisis, with both still being studied by Economic Group, says Salman

Egypt’s Renewable Sector Held Back by Currency Instability

Mohamed El Sobki, chairman of Egypt’s New & Renewable Energy Authority (NREA), stated at the event Tuesday that the country was targeting 18,000 megawatts of renewable energy projects.

Investments worth $47bn to Be Pumped in the Petroleum Ministry

According to the Egyptian Petroleum and Mineral Resources Minister Sherif Ismail, the energy sector is estimated to receive investments worth $47bn over the next five years.

Frontier Brings Oil, Gas Recruitment Experience to Gurgaon, India

Frontier International, a specialist in international oil and gas resourcing, has opened its first office in India.

Egyptian Investment Minister Expects FDI to Double, Promises Greater Reforms

Egypt expects the amount of foreign investment it attracts to double to $8 billion this fiscal year and is preparing a string of reforms to raise that further in coming years, its investment minister said on Monday.

Tanzania, Mozambique Emerge as Africa’s New Frontiers

Africa's energy industry could boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract enough badly needed investment, a report said recently.

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