The New Pricing Indexation Mechanism Boosts Electricity Investments
Applying the power pricing indexation mechanism will boost the energy investments and increase the production in Egypt.
investments | Egypt Oil & Gas - Part 27
Zohr Total Investments Reach $10.6 B
Zohr field’s total investments reached $10.6 billion, of which $3 billion were injected in fiscal year (FY) 2018/2019 after the field reached a production level of 2.7 billion cubic feet per day (bcf/d).
KNOC to Boost Investments in Egypt
The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as for t ...
Egypt Invests EGP 43 B in Assiut Oil Projects
Investments in oil production and refining projects in Assiut total EGP 43 billion to produce fuels such as gasoline and diesel.
Indonesia Targets $5 B UAE Investments
The UAE government is interested in investing in Indonesia and is also holding discussion with Pertamina on increasing investment and developing more oil and gas fields.
Saudi Aramco Signs 12 Deals with South Korea
The agreements were signed with a diverse set of companies that work on ship building, engine manufacturing, refining, petrochemicals, and crude supply, sales, and storage.
Ministry of Petroleum to Implement 11 New Projects
The total investments of these projects will reach $15 billion by H2 of 2022.
Al Manar, Total Sign Lubricants Distrbution Agreement
Al Manar Group will distribute a range of products including motor oils, hydraulic oils, and other automotive fluids.
Ministry of Petroleum to Implement 11 New Projects with $15 B Investments
This comes as result of achieving self-sufficiency and increasing natural gas production after the implementation of 27 projects to develop natural gas fields.
Egypt Establishes 26 Power Plants in 5 Years
The 26 stations include 114 electricity-generating units, which produced around 25,000 MW and helped the sector achieve an electricity surplus.
