investments | Egypt Oil & Gas - Part 33
Agiba Petroleum Invests $237M in 2017/18
Agiba Petroleum Company invested $237 million during fiscal year (FY) 2017/18, Egypt Oil & Gas reports. Company head Mohamed El Kafas said that the East Aman, Karnak and North Meleiha wells added around 1.1 millio...
Egypt, UK Discuss Hydrocarbon Investments
Egyptian petroleum minister Tarek El Molla met with the UK’s Investment Minister, Graham Stuart, to discuss increasing investments between the two countries in the oil and natural gas industries, Egypt Oil &...
Mexico Finances 90% of Zohr Pipeline Costs
Mexican investment has financed 90% of the costs of the pipelines installed in the Zohr natural gas field, the Mexican ambassador to Cairo, Jose Octavio Tripp, has said, according to Al Ahram Newspaper. The ambassador...
Egypt, Toyota Tsusho Discuss Petroleum Investments
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Toyota Tsusho’s General Manager of Energy and Infrastructure, Yoshihiro Inoue, to discuss investment opportunities in EgyptR...
Planning Ministry Investing $8.3B in Petroleum Sector
The Ministry of Planning, Monitoring and Administrative Reform is investing $8.3 billion in the petroleum sector in order to boost the capacity of refineries by 10%, Egypt Oil & Gas reports. The increased capacity...
Petrosilah to Invest $55M in 2018/19
Petrosilah Petroleum Company plans to invest $55 million into Egyptian oil exploration during fiscal year (FY) 2018/19, Managing Director and Chairman Taher Abdel Rehim has said, according to Egypt Today. Abdel Rehim ...
Egypt, Canada Talk Expertise Exchange
Egyptian Minister of Petroleum Tarek El Molla met with Canadian Ambassador to Egypt Jess Dutton to discuss increasing cooperation in the fields of oil, natural gas, petrochemicals and mineral resources, Egypt Oil &...
UAE’s ADIA to Invest $2B in Egypt
The Abu Dhabi Investment Authority (ADIA) plans to invest $2 billion in Egypt’s oil, infrastructure and electricity sectors during the second half of 2018, head of the Arab Union for Direct Investment (AUDI), Mohamed ...
