investments | Egypt Oil & Gas - Part 24
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 and then will be offered...
El Molla Reviews Gas, Mining Market Updates with Australian Envoy
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has held a video conference meeting with Glenn Miles, Australia’s Ambassador to Egypt, where they discussed the pandemic’s impact on the global gas mark...
Tellurian Discusses LNG Sales, Petronet Pulls Out
Tellurian has been reportedly negotiating with Asian companies to sell almost half its liquefied natural gas (LNG) output from its proposed Louisiana export terminal, Chairman Charif Souki told Bloomberg. This comes a...
El Molla Highlights O&G Achievements During BEBA Webinar
The Minister of Petroleum and Mineral Resources, Tarek El Molla, shared the petroleum sector’s achievements and challenges in the past period stating that “the oil and gas sector has been moving forward with all its ...
GPC Invests EGP 195 MM for FY 2019/20 Discoveries
The General Petroleum Company (GPC) invested EGP 195 million for the discoveries made during the fiscal year (FY) 2019/20, Nabil Abdel Sadek, Executive Chairman of the Board of Directors, told Al Mal. The new discover...
Aton Closes First Tranch of Private Placement at $160,000
Aton Resources has closed the first tranche of $160,000 from its previously announced non-brokered private placement, according to a statement. The first tranche included a total of 400,000 units issuing each unit for...
El Molla: EUG to Transform Egypt’s E&P Investments
The Minister of Petroleum and Mineral Resources, Tarek El Molla, referred to the Egypt Upstream Gateway (EUG) and how it will reflect positively on the exploration and production (E&P) investments in Egypt, accord... Aton to Drill Abu Gaharish Concession in 2021
Aton Resources has announced plans to drill Abu Gaharish concession by January 2021, President and CEO Mark Campbell stated. Per the statement, the Abu Gaharish is believed to be of similar quality of the world-class ...
