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.
investments | Egypt Oil & Gas - Part 28
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.
Egypt to Attract $10 B Petroleum Investments in FY 2019/20
The Egyptian oil and gas sector plans to attract $10 billion investments in fiscal year (FY) 2019/20, adding to the $30 billion invested over the past three years.
Benban Solar Park Attracts over $2 B Investments
Benban solar park, which is set to be the biggest in the world, attracted over $2 billion investments.
Qarun Petroleum Company Increases Oil Output
Qarun plans to boost its output to over 45,000 b/d by the end of 2020 as it explores, develops, and operates new concessions in the Western and Eastern Deserts.
Petroleum Investments Record EGP 540 B in Five Years
Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion.
