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.
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 Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.
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 Deutsche Erdoel AG has plans to inject more investments in Disouq and the Gulf of Suez, DEA’s CEO, Maria Moraeus Hanssen, stated.
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 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.
The Zohr, North Alexandria, and Nooros natural gas fields will receive investments worth $27.3 billion in 2018.
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,
Investments in Egypt’s oil and gas sector by international oil companies (IOCs) rose to $10 billion during 2017.