Petro Shorouk revealed the injection of $96 million in additional investments during the current fiscal year (FY) 2025/26, the company’s Chairman, Tharwat El Gendy, pointed out during the company's general assembl ...
As Cairo steps up efforts to attract high-quality foreign direct investment (FDI), Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, met with Terje Pilskog, CEO of Norway’s Scatec, to explore expand ...
Petrobakr and South Ghazalat Petroleum Companies plan a total investment of $121 million for the fiscal year (FY) 2026/27, targeting a daily crude oil output of 14,000 barrels, Khaled Mounir, Chairman of Petrobakr ...
XRG, ADNOC’s global investment subsidiary, has announced an agreement to acquire a 7.6% equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas from an acquisition vehicle owned by Global Infrastr ...
Libyan Prime Minister Abdulhamid al-Dbeibeh has announced a landmark 25-year oil development agreement with France’s TotalEnergies and US-based ConocoPhillips, committing more than $20 billion in foreign-funded in ...
Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates met Tuesday with Terje Pilskog, CEO of Norwegian firm Scatec to strengthen economic cooperation between Egypt and Norway in renewab ...
Alamein for Silicon Products Company (ASP) has signed a long-term joint financing agreement worth $140 million to launch the first phase of the Silicon Metal Production and Derivatives Complex. Established under t ...
The United Energy Egypt (UEE) has drilled around 30 wells in 2025, which successfully offset natural reservoir decline and increased oil production by more than 20%, according to Kamel Al Sawi, Regional President ...
The Prime Minister Mostafa Madbouly reviewed ongoing efforts to attract new investments to the Golden Triangle Economic Zone during a meeting at the government headquarters in the New Administrative Capital, under ...
The Minister of Petroleum and Mineral Resources, Karim Badawi, has outlined a new five-year plan for oil and gas exploration and production during a high-level meeting with heads and representatives of internation ...
