investments | Egypt Oil & Gas - Part 24

Madbouly Supports Chilean Investments in Egypt

Prime Minister Moustafa Madbouly expressed the government full support to the Chilean investments in Egypt, represented in ENAP Petroleum Company.

Saudi Aramco Signs 66 MoUs during iKTVA

Saudi Aramco has managed to sign 66 memoranda of understanding (MoUs) with several international companies valued at more than $21 billion during Aramco’s in-Kingdom Total Value Add (iKTVA) Program.

Agiba, Pharaonic Petroleum to Boost Investments for FY 2020/21

Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21.

Khalda’s Investments to Reach $792 MM in FY 2020/21

Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.

Dragon Oil to Boost Investments in Egypt by $650 MM

Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years.

Cabinet Approves El Molla New Restructuring Plan

A new restructuring plan for the petroleum sector was approved by Prime Minister Moustafa Madbouly.

Jordan’s Maan Refinery to Commence Production in 2024

Jordan’s Maan refinery is anticipated to commence production in H2 2024. The project is a joint investment of Jordanian, Kuwaiti and American investors.

Egypt Invests EGP 75 B in Electricity Grids

Egypt will improve electric grids nationwide with over EGP 75 billion in investments

Refining Investments in Egypt Record $4.7 B

Through the execution of five refining projects that are under implementation, the total value of refining investments in Egypt would reach $4.7 billion.

TCI Sanmar to Increase Investments in Egypt in 2020

The Indian TCI Sanmar Chemicals SAE plans to boost its investments in Egypt by more than $200 million in 2020.

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