investments | Egypt Oil & Gas - Part 32

Egypt, Kuwait Talk Energy Opportunities

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with CEO of Kuwait Petroleum Corporation (KPC)to discuss joint cooperation and investment opportunities.

Kuwait Petroleum to Produce 4.75 b/d by 2040

Kuwait Petroleum Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.

BP: Geological Studies Prove Promising E&P Future

Geological studies and evaluations, as well as the development of technologies used in exploration and production (E&P), prove Egypt has a promising future in the E&P field.

DEA to Increase Investments in Disouq, Gulf of Suez

DEA Deutsche Erdoel AG has plans to inject more investments in Disouq and the Gulf of Suez, DEA’s CEO, Maria Moraeus Hanssen, stated.

Merlon to Invest $66 M in E&P in Egypt

Merlon has allocated $66 million investments in fiscal year (FY) 2-18/2019 budget for exploration and production E&P operations in Egypt.

Egypt Supports Initiative to Balance Global Petroleum Markets

Egypt supports any procedures and initiatives taken to keep the global oil and gas market balanced, which comes with mutual benefits for both producers and consumers alike.

Egypt Expects to Garner over $40B in Energy Investments

The Zohr, North Alexandria, and Nooros natural gas fields will receive investments worth $27.3 billion in 2018.

Egypt, UK Discuss Cooperation in Oil & Gas Sector

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the United Kingdom’s Trade Envoy, Jeffrey Donaldson, to discuss investment options in Egypt's oil and gas sector,

IOC Investments in Oil & Gas Rise to $10B

Investments in Egypt’s oil and gas sector by international oil companies (IOCs) rose to $10 billion during 2017.

IOCs Increase Investments in Egypt by 22.7%

International oil companies (IOCs) increased their investments in Egypt to $8.1 billion during fiscal year (FY) 2016/2017, up 22.7% from the $6.6 billion invested in FY 2015/2016

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