investments | Egypt Oil & Gas - Part 32

IOC E&P Investments to Reach $11B during FY 2018/19

International oil companies (IOCs) aim to increase exploration and production (E&P) investments to reach $11 billion by the end of fiscal year (FY) 2018/19, compared to $10 billion in FY 2017/18, a source in the o...

Oil, Gas Investments to Reach $10B in 2018/19

The Egyptian oil and gas sector is set to receive $10 billion investments in the fields of exploration and production (E&P) and development during fiscal year (FY) 2018/19, said Minister of Petroleum Tarek El Moll...

El Molla Discusses Investments with ExxonMobil

Egyptian Petroleum Minister, Tarek El Molla, met with Bryan Mitlon, President of ExxonMobil Fuels and Lubicants Company, and Hesham El Amrosy, Chairman and Managing Director of ExxonMobil Egypt, to discuss investments...

Petroleum Ministry Eyes Chinese Investment Opportunities

Egypt has promising investment opportunities with China in the fields of energy, oil and natural gas, stated Ashraf Farag, deputy minister of petroleum for agreements and exploration, Egypt Oil & Gas reports. Fara...

Apache Invests over $1B in Egypt in 2018

Apache has invested more than $1 billion in the Egyptian oil and gas sector during 2018, David Chi, vice-president and general manager of Apache Egypt, said last week, according to Al Ahram. The company is confident t...

El Molla, Petronas Discuss Future Investments in Egypt

Egyptian petroleum minister, Tarek El Molla, met with Petronas CEO, Wan Zulkiflee, to review the company’s future investments in the Egyptian oil and gas sector, Egypt Oil & Gas reports. During their talk, t...

BWE to Invest in Apex Energy

Blue Water Energy (BWE) has announced that it will invest in independent oil and gas exploration and production (E&P) company Apex International Energy, Egypt Oil & Gas reports. BWE will join Warburg Pincus LL...

United Energy to Increase Investments in Egypt

China’s United Energy Group is planning to launch new investments in Egypt, which will increase oil and gas production, said Mansour Bukhamseen, board chairman of Kuwait Energy Company, Egypt Oil & Gas reports. Th...

Petronas Talks E&P Opportunities in Egypt

Egyptian Minister of Petroleum Tarek El Molla met with Anuar Taib, Executive Vice President & CEO Upstream at Petronas, to discuss available opportunities for exploration and production (E&P) in the Red Sea, E...

El Noubi: GPC Produced 33 mboe in FY 2017/18

The General Petroleum Company (GPC) produced 33 million barrels of oil equivalent (boe) during fiscal year (FY) 2017/18, Egypt Oil & Gas reports. The company’s daily output averaged 91,200 boe per day over t...

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