investments | Egypt Oil & Gas - Part 27
Egypt Invests EGP 75 B in Electricity Grids
Mohamed Shaker, Minister of Electricity and Renewable Energy, announced that in 2020, Egypt will improve electricity grids nationwide with over EGP 75 billion in investments, Al-Ahram reported. According to statements...
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, Almal News reported citing an official source in the Ministry o...
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, the company’s Chairman PS Jayaraman told Daily News Egypt on the sidelines of the Africa Investment Forum ...
El Molla, Lind Discuss Cooperation Ways in Oil, Gas
The Minister of Petroleum and Mineral Resources, Tarek El Molla, met the Norwegian Ambassador to Egypt, Lene Natasha Lind, to discuss possible cooperation in the oil and gas sector, according to a press release. El Mo...
Egypt Inks Agreement with Noble Energy
On the sidelines of the Africa Investment Forum 2019, held under the patronage of Egyptian President Abdel Fattah El Sisi, the Minister of Investment and International Cooperation, Sahar Nasr, inked a financing agreem...
Saudi Arabia Announces $2 B Petrochemical Deals
The Saudi Arabian General Investment Authority (SAGIA) announced a number of new petrochemical investments worth more than $2 billion, according to Zawya. The agreements were announced at Invest Saudi at Riyadh, where...
Schlumberger to Pump More Investments in Egypt
Schlumberger plans to increase its investments in Egypt in the upcoming period, Karim Badawi, Managing Director – Egypt and East Mediterranean at Schlumberger, told Ahram Gate. Badawi pointed out the vital partn...
ADNOC to Increase Strategic Partnerships
The Abu Dhabi National Oil Company (ADNOC) is increasing its partnerships and investments in light of its new balanced smart growth strategy that aims to drive production and meet the world’s growing energy demand, Mi...
