investment | Egypt Oil & Gas - Part 21
Egypt Pays $600m of IOC Debt
In an interview with Daily News Egypt, Tarek El-Molla confirmed the reduction of Egypt's debt to foreign oil companies to the current $2.9b.
Khaled Abu Bakr: New Gas Find Will Change the Energy Map for Egypt and the World
Khaled Abu Bakr, Executive Chairman of Taqa Arabia, said that the greatest challenge facing Egypt is legislative
Hurdles Facing Oil Investors as Iran Braces for Major Field Development
Iranian broker Reza Mostafavi Tabatabaei has warned foreign investors heading towards Iran of the difficulties they may face, speaking from his own personal experience.
Sisi to Ink Energy Deals in China
Sisi and his Chinese counterpart are scheduled to sign a number of understanding memoranda, funding agreements as well as cooperation protocols in a number of areas, chiefly energy industry, small and medium-sized ...
Egypt to Offer Investors 3 cents per Kilowatt of Renewable Energy
Egypt’s Ministry of Electricity is currently finalizing deals with the companies that signed MoUs during the economic conference last March to purchase 1 KW of power generated via alternative energy sources for 3 cents.
Ministry of Electricity: No Usage of EPC+ Financing
The ministry of electricity has ceased the negotiations conducted on implementing projects on EPC+ finance basis, reported Al Mal.
Sea Dragon Energy to Merge with Madison PetroGas
Sea Dragon announced a merger deal with Madison PetroGas. The purpose of the merger is to create a stronger company, which will be renamed SDX Energy.
Crescent Group to Invest $300m in Egypt
The Crescent Group, locally represented through Dana Gas, plans to invest $300m in gas exploration and excavation projects in Egypt, reported Al Mal.
