Total Agrees to Acquire Stake of 20% in India’s AGEL
Total Energy Group has agreed to buy a stake of 20% in India’s Adani Green Energy Limited (AGEL) in in attempt to enhance its presence in the renewable energy.
investments | Egypt Oil & Gas - Part 22
GPC’s Production Hits New Record of 68,000 bbloe/d
Egypt allocated investments with EGP 5 billion to the General Petroleum Company (GPC) to increase drilling exploration and development wells.
Aramco Seeks a $7.5 B Loan for Pipelines Investors
Saudi Aramco is seeking to a loan costs $7.5 billion for potential investors in its oil pipelines.
TAQA to Construct 180 Natural Gas Stations in Three Years
The CEO of TAQA Arabia, Khaled Abu Bakr, stated that the company will build 180 natural gas station with investments about EGP 3.6 billion till 2023, according to the Kelma Akhira program presented by Lamees El Ha ...
MPED Allocates EGP 4.9 B to Alexandria’s Petroleum Sector in FY 2020/21
The Ministry of Planning and Economic Development (MPED) allocated EGP 4.9 billion of investments to the oil and gas sector during the fiscal year (FY) 2020/21; 29.5% of total investments in Alexandria.
Petroleum Investments Surpass EGP 1.2 T in 6 Years
The petroleum sector’s investment rate over the past six years has surpassed EGP 1.2 trillion in addition to attracting about 90% of foreign investment to Egypt.
IOCs Highlight Egypt’s Investment Potentials During AEC
Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.
SFE Offers Wataniya to Private Sector Investors
The Sovereign Fund of Egypt (SFE) has selected Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO), to be offered to private sector investors as a first stage in its privatization ...
El Molla Reviews Gas, Mining Market Updates with Australian Envoy
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met with Glenn Miles, Australia’s Ambassador to Egypt, to discuss the pandemic’s impact on the global gas market and mining activities in Egypt. ...
Tellurian Discusses LNG Sales, Petronet Pulls Out
Tellurian is reportedly negotiating with Asian companies to sell almost half its liquefied natural gas (LNG) output from its proposed Louisiana export terminal, Chairman Charif Souki stated.
