investments | Egypt Oil & Gas - Part 28
Schneider Electric to Maximize Investments in Egypt
Schneider Electric is co-working with the Egyptian government to dispatch control centers for the electricity grid, which President Abdel Fattah El Sisi has placed as a national priority, Schneider Electric’s Regional...
The New Pricing Indexation Mechanism Boosts Electricity Investments
The new pricing indexation mechanism is boosting energy investments and increase production in Egypt, according to Ossama Guenedy, Energy Committee Head in Egyptian Junior Business Association (EJB), El Watan News rep...
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 bcf/d, Egypt Oil & Gas reports. Atef Hassan, ...
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 promote t...
Egypt Invests EGP 43 B in Assiut Oil Projects
Investments in oil production and refining projects in Assiut total EGP 43 billion, sources in the Ministry of Petroleum told Egypt Today. Projects include establishing a refining unit for producing high-octane gasoli...
Indonesia Targets $5 B UAE Investments
Indonesia aims to attract more than $5 billion of investments in the oil and gas sector from the UAE and the Middle East, Antara News Agency reported. The UAE government is interested in investing in Indonesia, engagi...
Saudi Aramco Signs 12 Deals with South Korea
Saudi Aramco has signed 12 agreements worth billions of dollars with South Korea, the company said in a statement, according to Reuters. The agreements were signed with a diverse set of companies that work on ship bui...
Ministry of Petroleum to Implement 11 New Projects
The Ministry of Petroleum and Mineral Resources aims to implement 11 new projects for the development of new natural gas fields, Egypt Oil & Gas reported. The total investments of these projects will reach $15 bil...
