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.
investments | Egypt Oil & Gas - Part 28
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.
Egypt to Invest $1.5 B in 4 Petrochemical Projects
The Egyptian Ministry of Petroleum plans to allocate $1.5 billion over four years to expand the petrochemical industry through four new petrochemical projects.
El Molla, Perry Discuss US Investments in Egypt
El Molla and his American counterpart talked about ways of boosting cooperation in the oil and gas sector between Egypt and the US, and possibilities of increasing American petroleum companies' investments to prov ...
Exxonmobil to Strengthen its Presence in Egypt
The company is interested in the bid rounds launched by the Egyptian oil and gas sector for exploration in the Mediterranean and Red Sea.
Egypt, Apache Discuss E&P Objectives in the Western Desert
The meeting reviewed available opportunities for the company to pump new investments in the E&P field.
Egypt Supplies 15.6 M Tons of Petroleum Products in 6 Months
Investments in the oil and gas sector's E&P recorded $2.6 billion, the report noted, revealing that exploration and development in the South Valley recorded $4.7 million.
Egypt Produces 1.8 mmboe/d in February
Egypt has achieved highest production of crude oil and natural gas in its history during February 2019, producing 1.8 mmboe/d.
