Algeria’s Proven Oil Reserves at 10 Billion Barrels
Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels.
investment | Egypt Oil & Gas - Part 8
Algeria’s Sonatrach signs MoU with ExxonMobil
Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria.
ADNOC to Continue Investing Responsibly
The Abu Dhabi National Oil Company (ADNOC) will continue to invest responsibly in order to deliver on its 2030 smart growth strategy.
Plans for $5 B Petrochemicals Complex in Alexandria
The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.
Oman to Open Habhab Oilfield to IOCs
Oman's Ministry of Oil and Gas will allow international oil companies (IOCs) to invest and develop the ultra-heavy oilfield at Habhab using their technological and financial abilities.
ADNOC Sheds Light on 2030 Growth Strategy at Investor Forum
The Abu Dhabi National Oil Company (ADNOC) has arranged the first investor forum in Abu Dhabi, hosting 200 attendees to provide a clearer vision for its 2030 growth strategy.
El Molla Discusses Economic Cooperation with Spanish Ambassador
Egyptian petroleum minister, Tarek El Molla, met the Spanish ambassador to Egypt, Arturo Avello, at the end of his working period in Cairo.
El Molla: Petroleum Sector Attracted $10B FDI in 2017/18
Foreign direct investment (FDI) in Egypt’s oil and gas sector reached $10 billion in fiscal year (FY) 2017/18, Minister of Petroleum Tarek El Molla told Al Ahram newspaper in an interview published on August 24.
Dana Gas Delays New Investments in Egypt
Dana Gas will delay making new investments in Egypt's oil and gas sector due to unpaid arrears.
Tecnimont Reviews Egypt’s Investments Opportunities
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with a delegation of top officials from Italy's Maire Tecnimont Group to discuss cooperation opportunities in implementing new petrochemica ...
