investment | Egypt Oil & Gas - Part 9

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 ...

El Molla: Enhancements in Public Sector Company Budgets to Sector Performance

The new budgets of public sector’s oil companies, for fiscal year (FY) 2018/2019, aim at boosting the performance of Egyptian refineries and strengthening their role in securing citizens’ fuel demands, Egyptian Mi ...

Nasr: World Bank Financing of Energy Sector Hits $4B

The World Bank has provided the Egyptian energy sector with $4 billion in funding.

Alexandria Petroleum Company Invests EGP 33.9B in 2016/2017

Alexandria Petroleum Company announced its latest investment figures, which amount to EGP 33.9 billion.

ADNOC Reveals New, Expanded Partnership Approach

UAE's ADNOC announced the expansion of its partnership model to span its value chain, in addition to activating the management of its portfolio of assets.

Oil Shortage Might Lead to Investments, Discoveries Decline

The world might face an oil supply shortage following a steep drop in investments and a scarcity of fresh conventional discoveries, Saudi Aramco's CEO, Amin Nasser, stated.

Kuwait to Invest $8b in Petrochemicals

Kuwait’s Petrochemicals Industries Company (PIC) is planning to invest $8b into petrochemical projects in Bahrain and other countries over the next five years.

Kuwait to Invest $79b in Oil Projects

Kuwait Oil Company (KOC) is willing to pump about $79b of investments over the next five years.

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